Woonsocket, Rhode Island.
Typical home $387,483 (+0.2% in a year), asking rent $1,577 (+2.3%). Providence-Warwick, RI-MA metro.
to buy the typical home at today's mortgage rate — +$1,189 (+141%) since Jan 2020.
- 1 year
- Up $894 +0%
- $386,589$387,483 since Sep 2025
- 5 years
- Up $91,465 +31%
- $296,018$387,483 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Woonsocket$2,034
- Rhode Island$2,669
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Woonsocket, RI rose 0.2% over the past year — slower than the nation's +1.2%.
Asking rents in Woonsocket, RI rose 2.3% over the past year — slower than the nation's +2.7%.
Owning the typical home in Woonsocket runs $1,276/mo more than renting one. The gap peaked at $1,427 in Jan 2025.
That is $2,853 a month against $1,577 rent: a $2,034 mortgage payment, plus $405 property tax and $415 insurance & upkeep.
Owning vs renting — Woonsocket
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,853
- Renting$1,577
- Mortgage only$2,034
Property tax · $405/mo 1.25% of value a year — the ACS 2020-2024 median bill over the median home value for Providence County, RI
Insurance & upkeep · $415/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Woonsocket, Providence County, Rhode Island
Woonsocket is a city of 43,240 people in Providence County. Half its households earn more than $61,059 a year and half less, against $78,787 across Providence County; 19% of its people live below the poverty line. 37% of its homes are lived in by their owners and 63% are rented. Unemployment in Woonsocket was 5.6% in August 2026, and Providence County had 0.9% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 24 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Woonsocket is a small city in northern Rhode Island, in Providence County. It is a younger place than many, with a median age lower than in much of the country, and most homes are rented rather than lived in by their owners. Household incomes run well below the county's, and a larger share of people live below the poverty line than most would expect. Winters are cold and snowy, with January highs just above freezing, while July brings warm days.
Work. People in Woonsocket work mostly in schools, hospitals and social care, followed by shops, manufacturing, and professional and business services. The biggest workplaces in the city include Woonsocket Schools, Landmark Medical Center and CVS Pharmacy. Unemployment is close to where it stood a year ago, and a small share of residents work from home, so most head out to a job each day.
Things to do. The Stadium Theatre sits in or beside town and is the nearest place for a night out. A short drive away is the Moshassuck River, and a longer drive brings you to the Blackstone River and the Roger Williams National Memorial, a protected area. For a bigger outing, Gillette Stadium is also a longer drive away.
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- 17,618households
- 20%of adults have a degree
- 19%below the poverty line
- 29 mintypical commute
- 6%work from home
What residents work in
Employed residents by industry, from the Census survey. Providence County had 290,835 jobs in 2025, 0.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 38° and lows near 19°; warmest in July, with highs near 84° and lows near 63°. About 42 inches of snow and 52 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Woonsocket weather station, a mile away (NOAA).
Largest workplaces in Woonsocket
- Woonsocket SchoolsSchool district816FTE
- Landmark Medical CenterGeneral hospital486FTE
- CVS Pharmacy, Inc.General warehousing and storage419
- Athena196
- Friendly Eden OperationsSkilled nursing facilities160
- Hanna InstrumentsAcidity measuring equipment, laboratory analysis-type, manufacturing115
- Hyman Brickle & SonBlankets, nonwoven fabric, manufacturing84
- WoonsocketMail and parcel delivery76
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 26 workplaces with 20 or more staff, 2,914 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Heat wavesRelatively moderate
- Inland floodingRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Woonsocket’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Providence County and the Providence-Warwick, RI-MA metro.
Woonsocket home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Woonsocket$387,483
- Rhode Island$508,507
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Woonsocket listings, and the typical home goes pending in 12 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Woonsocket28.04%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Woonsocket12
- United States21
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Woonsocket73
New listings per month
Sellers arriving at the market.
- Woonsocket22
Median sale price
What buyers actually paid — closed sales, not asking prices.
Not enough data to draw this yet.
Zip codes with a Woonsocket address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Woonsocket — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.