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US City Data

Carolina, RI

Population 1,238 · Rhode Island

Population
1,238
Median Income
$123,063
Median Home Value
$366,000
Median Rent
$0/mo

About Carolina, RI

Carolina is a small community in Rhode Island with a population of 1,238 residents. The median household income is $123,063 per year, which is above the national average. The median age in Carolina is 41.1 years.

Housing in Carolina has a median home value of $366,000 and median monthly rent of $0. Of the 373 total housing units, the majority are owner-occupied, with 294 owner-occupied and 79 renter-occupied units.

The unemployment rate in Carolina is 4.7% and the poverty rate is 4.2%. 35.9% of residents hold a bachelor's degree or higher. The average commute time is 48.1 minutes.

How Carolina Ranks in Rhode Island

Most Populated Cities
#26
of 36 cities · 1,238
Most Affordable Cities
#19
of 35 cities · $366,000
Highest Income Cities
#3
of 33 cities · $123,063
Most Educated Cities
#21
of 36 cities · 35.9%
Best Job Markets
#8
of 27 cities · 4.7%

Cost of Living in Carolina, RI

Compared to national averages, Carolina has a median household income of $123,063 (64% above the national median of $75,149). Home values average $366,000, which is 49% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Rhode Island, Carolina's income is 32% above the state average of $92,962, and home values are 22% below the state median of $469,914.

Income vs National
$123,063
National: $75,149
Rhode Island: $92,962
Home Value vs National
$366,000
National: $244,900
Rhode Island: $469,914
Rent vs National
$0
National: $1,163
Rhode Island: $1,279
Unemployment vs National
4.7%
National: 3.7%
Rhode Island: 7%

Why Live in Carolina, RI?

Carolina offers a strong local economy with a median household income of $123,063, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 35.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.2%, better than the national average.

Carolina has a population of 1,238 with a median age of 41.1 years. Compare Carolina with other cities to see how it stacks up, or explore all cities in Rhode Island.

Similar Cities Near Carolina

Cities in Rhode Island with a similar population size.

CityPopulationMedian IncomeHome Value
Harmony1,094$108,971$380,700Compare
Bradford1,437$108,295$387,100Compare
Greene1,009$102,000$358,200Compare
Charlestown1,648$113,281$545,800Compare
Ashaway1,682$101,165$305,600Compare
Harrisville1,816$66,016$348,700Compare
Chepachet1,819$95,423$285,600Compare
Melville1,840$103,393$0Compare

Demographics

41.1
Median Age
559
Male
679
Female
3.8%
Foreign Born

Racial & Ethnic Composition

White0Hispanic/Latino0Black0Asian0Two or More0

Economy & Education

4.7%
Unemployment Rate
4.2%
Poverty Rate
35.9%
Bachelor's Degree+
48.1 min
Avg Commute

Housing

373
Total Housing Units
294
Owner Occupied
79
Renter Occupied

Other Cities in Rhode Island

AshawayBradfordCentral FallsCharlestownChepachetClayville

Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.

Compare Carolina With Other Cities

Carolina vs AshawayCarolina vs BradfordCarolina vs Central FallsCarolina vs Charlestown

Frequently Asked Questions about Carolina

What is the population of Carolina, RI?

The population of Carolina, RI is 1,238 according to the latest Census data.

What is the median household income in Carolina?

The median household income in Carolina, RI is $123,063 per year.

What is the median home value in Carolina?

The median home value in Carolina, RI is $366,000.

What is the average rent in Carolina?

The median monthly rent in Carolina, RI is $0.

What is the unemployment rate in Carolina?

The unemployment rate in Carolina, RI is 4.7%.

Explore More

Cost of Living in Rhode IslandMost Populated Cities in Rhode IslandCheapest Cities in Rhode IslandHighest Income Cities in Rhode IslandLowest Rent in Rhode IslandBest Cities for FamiliesBest Cities for Young ProfessionalsBest Cities for RetireesGuide: Cost Of LivingGuide: Moving GuideCarolina vs AshawayCarolina vs BradfordCarolina vs Central Falls