The 30 Richest Places to Live in Rhode Island: Wealth Analysis by Municipality
Rhode Island may be the smallest state in the United States, but it contains numerous affluent communities that rank among the most desirable places to live in New England.
These wealthy enclaves span from historic coastal towns to suburban neighborhoods, each offering distinct characteristics that attract residents seeking upscale living environments.
The state’s wealthiest areas feature a diverse mix of oceanfront communities, historic settlements, and well-established suburban towns that consistently rank high in median household income and property values.
From the exclusive summer retreat of Watch Hill to the historic charm of East Greenwich, these communities provide residents with premium amenities, excellent schools, and access to Rhode Island’s natural beauty while maintaining their reputation as centers of prosperity and refined living.
Here are the 30 richest places to live in Rhode Island:
1. East Greenwich
East Greenwich claims the top position as Rhode Island’s wealthiest city. The average household income reaches $210,917 as of 2023, with a population of 14,769 residents.
This suburban community maintains a median household income of approximately $133,373. The figure places it nearly $3,000 ahead of the second-ranked Barrington.
Average home values in East Greenwich reach around $480,000. The community consistently ranks among areas with the highest property values statewide.
Educational attainment levels contribute significantly to the area’s affluence. Bachelor’s degree completion rates exceed 65% in the wealthiest Rhode Island neighborhoods like East Greenwich.
The city represents a haven for high-income earners in the Ocean State. Its combination of strong household incomes and property values establishes East Greenwich as Rhode Island’s premier affluent destination.
2. Watch Hill
Watch Hill stands as Rhode Island’s wealthiest community according to recent census data. This exclusive enclave sits in the southwestern corner of Westerly, near the Connecticut border.
The area operates as a Census-designated place rather than an incorporated city. Its location provides easy access to both Connecticut and New York’s Fishers Island.
Watch Hill attracts affluent residents with its coastal setting and prestigious reputation. The community features upscale properties and maintains its status as a premier destination.
Wealthy families have established roots in this waterfront location for generations. The area’s economic indicators consistently place it at the top of Rhode Island’s affluence rankings.
This small but influential community represents the peak of luxury living within the Ocean State.
3. Jamestown
Jamestown ranks as the fourth richest town in Rhode Island. The community boasts a mean household income of $167,635.
This Newport County town sits on Conanicut Island in Narragansett Bay. Residents enjoy waterfront living with views of the surrounding waters and nearby Newport Bridge.
The town combines island charm with affluent amenities. Jamestown offers beaches, parks, and historic sites alongside upscale residential areas.
Many properties feature ocean views and private waterfront access. The housing market reflects the town’s desirable location and wealthy demographic.
Jamestown provides easy access to Newport and mainland Rhode Island via the Newport Bridge. This connectivity allows residents to enjoy island tranquility while maintaining access to urban amenities and employment centers.
4. Kingston
Kingston stands out as one of Rhode Island’s wealthiest communities with a median household income of $108,056. The town maintains an exceptionally low poverty rate of just 3.42%.
Located in Washington County, Kingston functions as a suburb of Providence. The area has earned recognition as one of the best places to live in Rhode Island according to recent rankings.
The community attracts affluent residents who value its combination of accessibility and quality of life. Kingston’s economic strength stems from its educated population and proximity to major employment centers.
Residents benefit from the town’s stable housing market and well-maintained neighborhoods. The area provides a suburban atmosphere while remaining connected to Rhode Island’s broader economic opportunities.
5. Hope Valley
Hope Valley stands as one of Rhode Island’s affluent communities with a small but prosperous population of approximately 1,823 residents. The typical household earns $79,931 annually, which exceeds the national median of $67,500.
The community maintains a low poverty rate of 6.1%, significantly below the national average. This economic stability reflects the area’s appeal to higher-income residents seeking quality living conditions.
Home values in Hope Valley align closely with Rhode Island’s state average of $323,786. The real estate market demonstrates consistent demand from buyers attracted to the area’s economic characteristics.
Nearly 36% of households earn less than $50,000 annually, compared to 39% nationally. This statistic indicates a higher concentration of middle and upper-income families within the community.
Hope Valley combines financial prosperity with small-town living, making it an attractive destination for affluent residents.
6. Cumberland Hill
Cumberland Hill stands as one of Rhode Island’s most prosperous residential areas. The community attracts wealthy professionals and families seeking upscale suburban living.
This affluent neighborhood features well-maintained properties and scenic landscapes. Residents enjoy a blend of natural beauty and modern conveniences.
The area’s strategic location provides easy access to Providence while maintaining a peaceful residential atmosphere. Cumberland Hill offers excellent schools and family-friendly amenities.
Property values in Cumberland Hill reflect its desirable status among Rhode Island’s wealthy communities. The neighborhood continues to draw high-income residents who value quality living environments.
Cumberland Hill’s combination of location, amenities, and community appeal makes it a preferred choice for affluent families in Rhode Island.
7. Newport
Newport stands as one of Rhode Island’s most prestigious coastal communities. The city attracts wealthy residents with its historic mansions and oceanfront properties.
The Gilded Age legacy remains visible through elaborate estates along Bellevue Avenue. These properties command premium prices in today’s real estate market.
Newport’s harbor district features luxury condominiums and waterfront homes. Many properties offer direct ocean access and panoramic views of Narragansett Bay.
The city’s tourism industry supports high-end restaurants and boutique shopping. This creates a sophisticated lifestyle that appeals to affluent residents.
Newport County consistently ranks among Rhode Island’s wealthiest areas. The combination of historic charm and modern amenities drives property values well above state averages.
Residents enjoy year-round cultural events including music festivals and sailing competitions. The city’s reputation as a sailing capital attracts wealthy boating enthusiasts from across New England.
8. Bristol
Bristol stands as one of Rhode Island’s most affluent coastal communities. The town combines historic charm with modern prosperity along Narragansett Bay’s eastern shore.
The median household income in Bristol reflects its status among the state’s wealthier municipalities. Residents enjoy access to quality schools, cultural amenities, and recreational opportunities.
Bristol’s economy benefits from its proximity to major employment centers while maintaining its small-town character. The town features well-preserved colonial architecture and scenic waterfront properties.
The community attracts professionals and families seeking upscale living in a picturesque setting. Bristol’s location provides easy access to both Providence and Newport, making it desirable for commuters.
Housing values in Bristol remain consistently high due to limited inventory and strong demand. The town’s careful development policies help preserve property values and community character.
9. Barrington
Barrington stands as one of Rhode Island’s most affluent communities, located in Bristol County. The town boasts a mean household income of $190,749, establishing its position among the state’s wealthiest areas.
The community is renowned for its exceptional public school system. Barrington’s schools consistently rank among New England’s finest educational institutions with outstanding college placement rates.
Families are drawn to the town’s combination of educational excellence and suburban charm. The area offers a high quality of life with well-maintained neighborhoods and strong community amenities.
Barrington’s residential character attracts professionals and families seeking top-tier schools and a refined living environment. The town maintains its reputation as a desirable address for those prioritizing education and community standards.
10. Westerly
Westerly stands as one of Rhode Island’s most prestigious coastal communities. The town consistently ranks among the state’s wealthiest areas due to its desirable oceanfront location and upscale residential neighborhoods.
The community features the exclusive Watch Hill area, which has been identified as the richest census-designated place within Westerly. This enclave attracts affluent residents seeking luxury waterfront properties and privacy.
Westerly’s economy benefits from tourism and high-end real estate values. The town offers beautiful beaches, historic charm, and recreational amenities that appeal to wealthy homeowners.
Property values in Westerly reflect its status as a premium destination. The combination of coastal access, well-maintained neighborhoods, and proximity to both Connecticut and other Rhode Island attractions makes it highly sought after.
Residents enjoy excellent schools and municipal services funded by the town’s strong tax base.
11. Narragansett
Narragansett stands out as one of Rhode Island’s most desirable coastal communities. The town attracts affluent residents seeking beachfront living and year-round recreational opportunities.
The area features some of the state’s most expensive oceanfront properties. Many homes offer direct beach access and panoramic views of the Atlantic Ocean.
Narragansett Pier serves as the town’s historic center and entertainment hub. The neighborhood contains upscale restaurants, boutique shops, and seasonal attractions that draw visitors from across New England.
The town’s famous beaches contribute significantly to property values. Scarborough State Beach and Narragansett Town Beach provide residents with pristine sandy shores and excellent surfing conditions.
Local real estate markets consistently rank among Rhode Island’s highest. The combination of coastal location, recreational amenities, and proximity to major metropolitan areas drives strong demand for housing in this seaside community.
12. Little Compton
Little Compton sits along Rhode Island’s southeastern coast, offering residents pristine farmland and Atlantic Ocean access. The town maintains its rural character with rolling hills and historic stone walls.
This community attracts affluent residents seeking privacy and natural beauty. Many properties feature expansive acreage with oceanfront or pastoral views.
The town’s agricultural heritage remains evident through active farms and equestrian properties. These large estates contribute to higher property values throughout the area.
Little Compton’s location provides easy access to both Newport and the Massachusetts border. Residents enjoy a quiet lifestyle while remaining connected to regional amenities.
The community’s commitment to land preservation helps maintain property values. Zoning regulations protect the town’s rural atmosphere from overdevelopment.
13. Tiverton
Tiverton sits along Rhode Island’s eastern border with Massachusetts, offering residents a mix of rural charm and waterfront access. The town spans approximately 30 square miles and maintains a relatively low population density compared to other Rhode Island communities.
The community features several distinct villages, including Tiverton Four Corners, which serves as a historic and commercial center. Many properties offer views of the Sakonnet River or Mount Hope Bay.
Tiverton’s economy benefits from its proximity to both Providence and Newport areas. The town attracts residents seeking larger properties and more space while maintaining reasonable commuting distances to major employment centers.
The area includes working farms, historic homes, and newer residential developments. Tiverton Common provides shopping and dining options for residents.
14. Lincoln
Lincoln stands as one of Rhode Island’s most desirable residential communities, combining suburban comfort with financial prosperity. The town attracts families and professionals seeking quality schools and well-maintained neighborhoods.
Located in Providence County, Lincoln offers residents excellent access to major employment centers while maintaining a peaceful residential atmosphere. The community features tree-lined streets and spacious properties that appeal to affluent homebuyers.
The town’s strong educational system serves as a major draw for families with children. Lincoln’s schools consistently rank among the better performers in the state, contributing to higher property values throughout the area.
Housing options range from colonial-style homes to contemporary developments. Many properties sit on generous lots, providing privacy and space that wealthy residents value.
Lincoln’s strategic location provides convenient access to Providence and other regional employment hubs while offering a quieter lifestyle away from urban density.
15. Barrington Hills
Barrington Hills stands as one of Rhode Island’s most desirable residential areas within the town of Barrington. The neighborhood features expansive properties and well-maintained homes that attract affluent families.
The area benefits from Barrington’s excellent public school system, which consistently ranks among the top educational districts in New England. These schools maintain strong college placement rates and academic performance standards.
Residents enjoy access to waterfront properties and scenic views throughout the community. The neighborhood’s proximity to Narragansett Bay provides recreational opportunities and enhances property values.
Barrington Hills offers a suburban atmosphere while remaining accessible to Providence and other major Rhode Island employment centers. The community maintains its residential character through careful zoning and development practices.
Local amenities include well-maintained parks, walking trails, and community facilities that serve the neighborhood’s families.
16. Middletown
Middletown holds the distinction of being Rhode Island’s second wealthiest neighborhood. The community boasts a median household income of approximately $89,200.
This affluent area sits on Aquidneck Island alongside other prestigious Rhode Island communities. The coastal location provides residents with scenic ocean views throughout the year.
The town offers a high quality of life that attracts wealthy families and professionals. Middletown’s combination of waterfront access and upscale amenities contributes to its elevated economic status.
Property values in Middletown reflect the area’s desirability and strong local economy. The community maintains its reputation as one of Rhode Island’s most sought-after places to live.
17. North Kingstown
North Kingstown ranks as one of Rhode Island’s most affluent communities. The town maintains a median household income significantly above the state average.
This Washington County municipality houses 27,736 residents. It consistently earns recognition among the state’s premier places to live.
The coastal areas of Saunderstown and Quidnessett feature the region’s most valuable waterfront properties. These neighborhoods drive much of the town’s wealth profile.
North Kingstown home prices exceed the state average of $323,786. The market reflects strong demand for properties in this desirable location.
The community blends suburban living with coastal access. This combination attracts affluent residents seeking both convenience and natural beauty.
18. Smithfield
Smithfield stands out among Rhode Island’s wealthiest communities with its blend of luxury and small-town character. The town occupies prime real estate in the northern part of the state.
This exclusive community features spacious residential properties situated on generous lots. Many homes sit on parcels exceeding one acre in size.
Smithfield home prices align closely with Rhode Island’s state average of $401,805. The housing market reflects the area’s desirability among affluent residents.
The neighborhoods within Smithfield represent some of the most sought-after locations in the region. Property values demonstrate strong market demand from buyers seeking upscale living environments.
Residents enjoy the combination of suburban tranquility and proximity to urban amenities. The town maintains its distinctive character while offering modern conveniences expected by wealthy homeowners.
19. Charlestown
Charlestown occupies a prime position along Rhode Island’s southern coast. The town features expansive beaches and preserved natural areas that attract affluent residents.
The community maintains a rural character with large residential lots and estates. Many properties offer direct access to coastal waters and pristine shoreline.
Charlestown’s real estate market commands premium prices for waterfront homes. The town’s commitment to conservation has preserved much of its natural landscape from development.
Residents enjoy access to several state parks and wildlife refuges within town boundaries. The area attracts buyers seeking privacy and natural beauty.
The town’s location provides easy access to popular beach destinations while maintaining a quieter atmosphere. Charlestown offers a blend of coastal living and rural tranquility that appeals to wealthy homeowners.
20. Exeter
Exeter sits in Washington County as a predominantly rural community with scattered residential developments. The town spans approximately 58 square miles of rolling hills and woodlands.
Many residents commute to nearby urban centers while enjoying country living. Properties often feature larger lots compared to more densely populated Rhode Island communities.
The town maintains a quiet, residential character with limited commercial development. Local amenities include recreational areas and conservation lands that attract outdoor enthusiasts.
Exeter’s median household income places it among Rhode Island’s more affluent communities. The area appeals to families seeking privacy and space while remaining within reasonable distance of employment centers.
Housing stock consists primarily of single-family homes on substantial acreage. The community’s low population density contributes to its appeal among higher-income residents seeking rural tranquility.
21. Coventry
Coventry ranks among Rhode Island’s top 30 richest areas, making it a notable community for affluent residents. The town holds the distinction of being the largest municipality in the smallest state.
This western Rhode Island community combines suburban comfort with financial prosperity. Residents benefit from spacious properties and a more rural atmosphere compared to urban centers.
The town’s wealth stems from its appeal to families seeking larger homes and land parcels. Many professionals choose Coventry for its balance of affordability and upscale living within the state’s wealthy rankings.
Coventry’s inclusion in the richest areas list reflects its growing economic status. The community continues attracting residents who value space and suburban amenities while maintaining proximity to employment centers throughout Rhode Island.
22. West Warwick
West Warwick sits in Kent County as one of Rhode Island’s established communities. The town features a mix of residential neighborhoods and commercial areas.
The median household income in West Warwick reaches approximately $62,000. This places it among the middle-income communities in the state.
West Warwick offers affordable housing options compared to Rhode Island’s coastal areas. The town maintains several parks and recreational facilities for residents.
The community benefits from its central location in the state. Residents have access to major highways connecting to Providence and other employment centers.
West Warwick’s downtown area includes local businesses and dining establishments. The town operates its own school district serving neighborhood families.
Several historical sites exist throughout West Warwick. The community has preserved some of its textile mill heritage from the industrial era.
23. Warren
Warren stands out as a Bristol County community experiencing remarkable financial growth. This coastal town has demonstrated exceptional real estate appreciation over the past decade.
Property values in Warren have surged by 163% since 2010. This represents the highest 15-year appreciation rate in Rhode Island.
The town’s strategic location along the water contributes to its rising affluence. Warren offers residents access to waterfront living while maintaining reasonable entry costs compared to other coastal communities.
While not currently among the state’s most expensive markets, Warren’s trajectory suggests growing wealth concentration. The community attracts buyers seeking value in an appreciating market.
Bristol County’s economic strength supports Warren’s continued development. The town benefits from regional prosperity while offering more accessible pricing than neighboring premium markets.
Warren’s sustained growth pattern indicates its emergence as a significant wealth center in Rhode Island’s coastal region.
24. Scituate
Scituate ranks among Rhode Island’s most affluent communities in the western part of the state. This historic town maintains a median household income well above the state average.
The community has established itself as one of Rhode Island’s wealthiest areas through consistent economic prosperity. Scituate’s residents benefit from the town’s strategic location and desirable living conditions.
The town combines historical charm with modern affluence. Its western Rhode Island location provides residents with both rural tranquility and access to urban amenities.
Scituate’s wealth stems from its appeal to high-income professionals and families seeking quality residential areas. The town’s economic profile reflects its status as a premium destination within the state.
Property values in Scituate support its reputation as an exclusive community. The town attracts residents who value both financial stability and small-town atmosphere.
25. Foster
Foster stands as a rural town in Providence County with approximately 4,600 residents. The community maintains its agricultural character while attracting affluent families seeking countryside living within commuting distance of Providence.
The town features large residential properties and historic farmsteads. Many homes sit on multi-acre lots, contributing to higher property values despite the rural setting.
Foster’s median household income exceeds the state average. The town benefits from its location along major transportation corridors connecting to urban employment centers.
Residents enjoy outdoor recreational opportunities including hiking trails, fishing spots, and equestrian facilities. The area maintains a strong sense of community through local events and volunteer organizations.
The town’s low population density and zoning regulations help preserve its rural character. This exclusivity appeals to wealthy residents seeking privacy and space away from urban development.
26. Glocester
Glocester ranks among Rhode Island’s more affluent residential communities with a median home value of approximately $425,000 as of 2025. This town attracts residents seeking spacious living arrangements away from urban density.
The community consists primarily of single-family homes situated on generous lots. Many properties offer scenic views of the surrounding countryside, enhancing their appeal to potential buyers.
Glocester’s rural character distinguishes it from more densely populated areas in the state. The town provides residents with a quieter lifestyle while maintaining reasonable access to employment centers and amenities.
Property values in Glocester reflect its desirability among homebuyers who prioritize space and natural settings. The combination of larger lots and countryside views contributes to the area’s higher property valuations compared to many other Rhode Island communities.
27. North Smithfield
North Smithfield stands out as one of Rhode Island’s more prosperous communities. The town offers a compelling mix of suburban comfort and natural beauty that attracts middle-class and upper-middle-class residents.
Home values in North Smithfield exceed many comparable cities with similar populations. The real estate market reflects the town’s desirability among families seeking quality living environments.
The community features beautiful homes of various sizes set within a forested landscape. Low noise levels and sidewalk accessibility contribute to the town’s family-friendly atmosphere.
Safety remains a key attraction for both children and adults. The town’s secure environment makes it particularly appealing to families looking for a stable place to establish roots.
North Smithfield combines the benefits of suburban living with easy access to Rhode Island’s amenities. The town’s balanced approach to development preserves its natural character while supporting residential growth.
28. South Kingstown
South Kingstown ranks as one of Rhode Island’s wealthiest communities with a mean income of $119,020. The town’s prosperity stems from its diverse economic base and desirable location in Washington County.
Home values have surged 118% since 2010, reaching $640,408 by 2025. This dramatic appreciation reflects strong demand from affluent buyers seeking coastal living opportunities.
The University of Rhode Island brings vibrant college-town energy to the community. Academic professionals and staff contribute to the town’s educated population and stable economy.
South Kingstown’s school system ranks among Rhode Island’s best. High-quality education attracts affluent families willing to pay premium prices for homes in top-rated districts.
The town blends rural charm with beachfront exclusivity in areas like Matunuck and Green Hill. This combination of coastal amenities and diverse villages appeals to high-income professionals and retirees seeking both tranquility and recreational opportunities.
29. Portsmouth
Portsmouth stands as one of Rhode Island’s affluent communities, consistently attracting residents seeking quality education and coastal living. The town offers excellent public schools that rank among the state’s top educational systems.
Located in Newport County, Portsmouth provides residents with scenic waterfront views and a suburban atmosphere. The community maintains strong property values due to its desirable location and amenities.
The town’s proximity to major employment centers makes it attractive to professionals and families. Portsmouth residents benefit from the area’s recreational opportunities, including boating and outdoor activities.
Housing costs reflect the community’s desirability, with well-maintained neighborhoods throughout the town. The local economy supports various businesses while maintaining a residential character that appeals to higher-income households.
30. Central Falls
Central Falls stands as the smallest city in Rhode Island by land area, covering just 1.2 square miles. Despite its compact size, the city maintains a diverse residential community in the northern part of the state.
The city borders Pawtucket and Lincoln, providing residents access to broader economic opportunities in the region. Central Falls has a population density that ranks among the highest in New England.
Housing costs in Central Falls remain relatively affordable compared to other Rhode Island municipalities. The city features a mix of multi-family homes and smaller single-family properties.
Central Falls has undergone various revitalization efforts in recent years. The community benefits from its proximity to major transportation routes and urban centers while maintaining its distinct neighborhood character.
Understanding Wealth in Rhode Island
Rhode Island’s affluent communities are shaped by strategic coastal locations, proximity to major metropolitan areas, and diverse economic sectors. Income disparities across the state reveal significant variations between waterfront enclaves and inland communities.
Economic Factors Influencing Affluent Communities
Rhode Island’s wealthiest areas benefit from several key economic drivers. Coastal communities like Watch Hill and Jamestown attract high-net-worth individuals seeking waterfront properties and seasonal retreats.
The state’s proximity to Boston and New York City creates opportunities for wealthy professionals who can commute to major financial centers. Many affluent residents work in finance, technology, and consulting sectors while maintaining homes in Rhode Island’s exclusive neighborhoods.
Tourism and hospitality generate substantial wealth in coastal areas. Newport’s historic mansions and sailing culture attract visitors year-round, supporting luxury service industries.
The marine industry contributes significantly to local economies. Yacht manufacturing, boat services, and maritime businesses cluster around affluent coastal towns.
Higher education institutions like Brown University and the Naval War College bring educated professionals and faculty to surrounding communities. These academic centers elevate property values and attract knowledge-based businesses.
Comparison of Median Incomes Across Regions
Rhode Island shows marked income variations across different regions. East Greenwich leads the state with a median household income of $133,373, followed closely by Barrington.
Northern and Central Communities:
- West Greenwich: $105,000+
- Coventry: $85,000
Coastal Areas:
- Watch Hill: Highest per capita wealth
- Jamestown: Richest community overall
- Newport area: Premium waterfront pricing
Kent County communities generally report higher median incomes than Providence County urban areas. Rural and suburban towns consistently outperform urban centers in household income metrics.
The income gap between affluent communities and working-class areas can exceed $50,000 annually. Waterfront properties command premium prices, creating wealth concentration in specific geographic areas.
Lifestyle and Amenities in Affluent Rhode Island Towns
Rhode Island’s wealthiest communities provide residents with premium amenities ranging from exclusive country clubs to top-tier educational institutions. These towns combine historic New England charm with modern luxury services.
Exclusive Residential Facilities
Affluent Rhode Island towns feature private country clubs with championship golf courses, tennis facilities, and marina access. The Rhode Island Country Club in Barrington and Wannamoisett Country Club in Rumford offer members exclusive dining and recreational privileges.
Premium amenities include:
- Private beach clubs with waterfront dining
- Yacht clubs and deep-water moorings
- Spa and wellness centers
- Historic estates converted to luxury condominiums
Coastal communities like Newport and East Greenwich provide residents with private marina access and sailing clubs. Many properties feature private docks and waterfront terraces.
Luxury shopping districts in these areas include boutique retailers and high-end services. Professional concierge services handle property management and personal assistance for residents.
Educational Opportunities in Wealthy Areas
Wealthy Rhode Island communities host some of the state’s highest-performing public school districts. East Greenwich, Barrington, and North Kingstown consistently rank among the top districts statewide.
Private educational options include prestigious preparatory schools. Notable institutions:
- St. George’s School in Middletown
- Portsmouth Abbey School
- Moses Brown School in Providence
These schools offer small class sizes, advanced placement programs, and extensive extracurricular activities. Many feature historic campuses with modern facilities including science laboratories and athletic complexes.
Higher education access includes proximity to Brown University, the University of Rhode Island, and Bryant University. Residents benefit from cultural programs and continuing education opportunities through these institutions.
