City

Ashaway, RI

1 ZIP code  ·  Washington County  ·  Rhode Island

👥2,661Population
💰$101,392Median HH Income▲ 33% above avg
🎂48.4Median Age
🏠$303,000Median Home Value▲ 9% above avg
🎓36.5%College Grads≈ Avg
📊3.2%Unemployment▼ 34% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 44.8% Female 55.2% ♀

Race & Ethnicity

White: 92.6%Hispanic: 2.1%Other: 5.2%Race
White92.6%
Hispanic2.1%
Other5.2%

Age Breakdown

Under 5
3%
5–17
18%
18–24
11%
25–44
15%
45–64
37%
65+
9%

Key Indicators

Median Age48.4 yrs
Avg HH Size2.62
Below Poverty6.3% ▼ 37% below avg
College Grads36.5% ≈ Avg
Unemployment3.2% ▼ 34% below avg
No HS Diploma17 (1%)
HS Graduate554 (31.2%)
Some College268 (15.1%)
Associates289 (16.3%)
Bachelors237 (13.3%)
Graduate Degree412 (23.2%)

Education

No HS: 1%HS Grad: 31.2%Some College: 15.1%Associates: 16.3%Bachelors: 13.3%Graduate: 23.2%Edu
No HS1.0%
HS Grad31.2%
Some College15.1%
Associates16.3%
Bachelors13.3%
Graduate23.2%
Housing & Income

Housing Tenure

Owner: 81.1%Renter: 18.9%Tenure
Owner81.1%
Renter18.9%

Home Value Distribution

Under $50k
1%
$200k–$300k
48%
$300k–$500k
43%
Over $500k
8%

Financials

Median HH Income$101,392 ▲ 33% above avg
Median Home Value$303,000 ▲ 9% above avg
Home/Income Ratio3.0x (nat avg ~3.5x)
Median Rent$1,318/mo
Total Housing Units1,182
Vacant Units168

Income Distribution

Under $25k
10%
$25k–$50k
5%
$50k–$75k
20%
$75k–$100k
11%
$100k–$150k
24%
$150k–$200k
11%
Over $200k
20%
Employment & Commute

How People Get to Work

Drove Alone
96%
Walked
0%
Work From Home
4%

Commute Time

Under 15 min
29%
15–30 min
34%
30–45 min
21%
Over 45 min
16%
Housing Stock

Year Built

Before 1940
8%
1940s–1950s
15%
1960s–1970s
10%
1980s–1990s
10%
2000+
57%
About Ashaway, RI

Ashaway is a city in Rhode Island, located in Washington County. The city spans 1 ZIP code and is home to approximately 2,661 residents. It is a mature city, with a median age of 48.4 years.

Economically, Ashaway is a upper-middle-income community. The median household income of $101,392 is above the national average. Approximately 6.3% of residents live below the poverty line. The unemployment rate is 3.2%, below the national average.

The real estate market in Ashaway is a mid-range housing market. Median home values stand at $303,000, which is near the national average. Renters typically pay around $1,318 per month. Homeownership is high at 81.1%, typical of suburban and family-oriented communities.

The population of Ashaway is moderately educated. 36.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (92.63%).

Ashaway, RI offers residents above-average earning potential within Rhode Island.

ZIP Codes in Ashaway
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
02804 2,661 $101,392 $303,000 $1,318 3.2% 36.5% 81.1%