Real Estate Prices and Overview
Median real estate prices in the City Center of Warwick are $200,860, which is more expensive than 42.2% of the neighborhoods
in Rhode Island and 61.4% of the
neighborhoods in the U.S.
Average rental prices in Warwick City Center are currently
$622, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 93.8% of Rhode Island neighborhoods.
Warwick City Center is a suburban neighborhood (based on population
density) located in Warwick, Rhode Island. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Real estate in the City Center of Warwick, RI is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments.
Most of the residential real estate is owner occupied. Many of
the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Warwick City Center are 5.5%,
which is lower than one will find in 73.4% of American
neighborhoods. Demand for real estate in Warwick City Center
is above average for the U.S., and may signal some demand for either
price increases or new construction of residential product for this neighborhood.
Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
Notable & Unique: Real Estate
Do you like a coastal setting? If so, this neighborhood may be to your liking.
The Warwick City Center neighborhood is on the ocean, a bay, or inlet.
Often such coastal places have amenities and recreational activities on the waterfront
that are attractive to residents and visitors alike.
Notable & Unique: Diversity
Did you know that the Warwick City Center neighborhood has more
Portuguese and French Canadian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 7.1% of
this neighborhood's residents have Portuguese ancestry and 3.9% have French Canadian ancestry.
The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low
income is very formative with regard to the personality and character of a
neighborhood. Equally important is the rate of people, particularly children,
who live below the federal poverty line. In some wealthy gated communities,
the areas immediately surrounding can have high rates of childhood poverty,
which indicates other social issues. NeighborhoodScout's analysis reveals
both aspects of income and poverty for this neighborhood.
The neighbors in the City Center neighborhood in Warwick are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 70.2% of the neighborhoods in America.
In addition, 11.0% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 60.0%
of America's neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the Warwick City Center neighborhood, 36.4%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 33.4% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(17.3%), and 12.9% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the City Center neighborhood in Warwick, RI, residents
most commonly identify their ethnicity or ancestry as Italian
(19.0%). There are also a number of people of Irish ancestry (18.8%) , and residents who report English roots (11.2%) , and some of the residents are also of Portuguese ancestry (7.1%) , along with some French ancestry residents (6.8%), among others.
The Neighbors: Languages
The most common language spoken in the Warwick City Center
neighborhood is English, spoken by 93.8% of households. Some people also speak Spanish (2.6%).
Getting to Work
How you get to work – car, bus, train or other means – and how much of your
day it takes to do so is a large quality of life and financial issue. Especially
with gasoline prices rising and expected to continue doing so, the length and
means of one's commute can be a financial burden. Some neighborhoods are physically
located so that many residents have to drive in their own car, others are set
up so many walk to work, or can take a train, bus, or bike.
The greatest number of commuters in Warwick City Center neighborhood spend
between 15 and 30 minutes commuting one-way to work (37.4% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (93.1%) drive alone in a private automobile to get to work.
In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.