Misquamicut, RI
Population 355 · Rhode Island
About Misquamicut, RI
Misquamicut is a small community located in Rhode Island with a population of 355 residents according to the latest US Census Bureau American Community Survey data. The median household income is $105,250 per year, which is 40% above the national median of $75,149. The median age of 67.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Misquamicut features a median home value of $790,900, which is 223% above the national median of $244,900. This places Misquamicut in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 810 total housing units, 89% are owner-occupied (186 units) and 11% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Misquamicut shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Misquamicut have an average one-way commute time of 41.6 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
62.7% of Misquamicut residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.8% of the population being foreign-born.
How Misquamicut Ranks in Rhode Island
Cost of Living in Misquamicut, RI
Compared to national averages, Misquamicut has a median household income of $105,250 (40% above the national median of $75,149). Home values average $790,900, which is 223% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Rhode Island, Misquamicut's income is 13% above the state average of $92,962, and home values are 68% above the state median of $469,914.
Why Live in Misquamicut, RI?
Misquamicut offers a strong local economy with a median household income of $105,250, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 62.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $790,900. However, Misquamicut’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Misquamicut has a population of 355 with a median age of 67.1 years. Compare Misquamicut with other cities to see how it stacks up, or explore all cities in Rhode Island.
Similar Cities Near Misquamicut
Cities in Rhode Island with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wyoming | 351 | $0 | $354,500 | Compare |
| Foster Center | 328 | $56,027 | $450,000 | Compare |
| Hopkinton | 402 | $0 | $247,700 | Compare |
| Weekapaug | 471 | $121,111 | $842,900 | Compare |
| Watch Hill | 224 | $0 | $2,000,001 | Compare |
| Clayville | 184 | $128,264 | $235,600 | Compare |
| Quonochontaug | 577 | $106,058 | $880,000 | Compare |
| Greene | 1,009 | $102,000 | $358,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Rhode Island
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Misquamicut With Other Cities
Frequently Asked Questions about Misquamicut
What is the population of Misquamicut, RI?
The population of Misquamicut, RI is 355 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Rhode Island.
What is the median household income in Misquamicut?
The median household income in Misquamicut, RI is $105,250 per year, which is 40% above the national median of $75,149.
What is the median home value in Misquamicut?
The median home value in Misquamicut, RI is $790,900, which is 223% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Misquamicut?
The median monthly rent in Misquamicut, RI is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Misquamicut?
The unemployment rate in Misquamicut, RI is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Misquamicut, RI a good place to live?
Misquamicut offers above-average incomes, a competitive housing market, and a strong job market. With a population of 355 and a median age of 67.1, the city appeals to established professionals and retirees.
How educated is Misquamicut, RI?
62.7% of residents in Misquamicut aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Misquamicut?
Key cost-of-living indicators for Misquamicut, RI: median home value is $790,900 (223% above national), median rent is $0/month, and median household income is $105,250. The home-value-to-income ratio is 7.5x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Misquamicut?
The poverty rate in Misquamicut, RI is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Misquamicut, RI?
Misquamicut's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.8% of residents are foreign-born.