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Ashaway, Rhode Island

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,722
Population
$103,707
Median Income
$343,600
Home Value
38.9
Median Age

Demographics

Ashaway has a population of 1,722 with a median age of 38.9. Here is the racial and ethnic breakdown of the population:

White
90.4%
Other
6.0%
Hispanic
2.7%
Black
0.9%
Demographic Value
Total Population1,722
Median Age38.9
White90.4%
Black or African American0.9%
Hispanic or Latino2.7%
Other / Two or More Races6.0%
Ashaway, Rhode Island — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 90.4%Other: 6.0%Hispanic/Latino: 2.7%Other: 0.9%1,722PopulationWhiteWhite90.4%OtherOther6.0%Hispanic/LatinoHispanic/Latino2.7%OtherOther0.9%

Income & Economy

The median household income in Ashaway is $103,707, which is 28.7% above the national median of $80,610. The per capita income is $44,561. The poverty rate is 1.4%.

$103,707
Median Household Income
$44,561
Per Capita Income
1.4%
Poverty Rate

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Education

In Ashaway, 99.3% of residents age 25+ have a high school diploma or higher, and 31.7% hold a bachelor's degree or higher (7.6% with a graduate or professional degree).

HS Diploma+
99.3%
Bachelor's+
31.7%
Graduate+
7.6%
Education Level % of Adults (25+)
High School Diploma or Higher99.3%
Bachelor's Degree or Higher31.7%
Graduate or Professional Degree7.6%

Housing

The median home value in Ashaway is $343,600, above the national median of $303,400. The median monthly rent is $1,604. The homeownership rate is 73.6%.

$343,600
Median Home Value
$1,604/mo
Median Rent
73.6%
Homeownership Rate
Housing Metric Value
Median Home Value$343,600
Median Monthly Rent$1,604
Homeownership Rate73.6%

Salaries in Rhode Island

Explore salary data for popular occupations in Rhode Island:

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Other Cities in Rhode Island

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Frequently Asked Questions

What is the population of Ashaway, Rhode Island?
The population of Ashaway, Rhode Island is 1,722 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ashaway, Rhode Island?
The median household income in Ashaway, Rhode Island is $103,707. This is 28.7% above the national median of $80,610.
What is the median home value in Ashaway, Rhode Island?
The median home value in Ashaway, Rhode Island is $343,600. The median monthly rent is $1,604.
What percentage of people in Ashaway have a college degree?
In Ashaway, Rhode Island, 31.7% of adults age 25 and older hold a bachelor's degree or higher, and 99.3% have a high school diploma or higher.
Is Ashaway, Rhode Island an affordable place to live?
The home price-to-income ratio in Ashaway, Rhode Island is 3.3x (median home value $343,600 vs. median income $103,707), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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