Pascoag, RI
Population 4,081 · Rhode Island
About Pascoag, RI
Pascoag is a small town located in Rhode Island with a population of 4,081 residents according to the latest US Census Bureau American Community Survey data. The median household income is $101,359 per year, which is 35% above the national median of $75,149. The median age of 37.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Pascoag features a median home value of $335,400, which is 37% above the national median of $244,900. This positions Pascoag in a moderately priced market relative to the rest of the country. Median monthly rent is $1,181, 2% above the national average of $1,163/month. Of the 1,564 total housing units, 67% are owner-occupied (947 units) and 33% are renter-occupied (473 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pascoag shows an unemployment rate of 8.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pascoag have an average one-way commute time of 31.4 minutes.
Education & Demographics
25.3% of Pascoag residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.2% Hispanic or Latino, 0.3% Black or African American, and 12.0% Asian residents, with 12.3% of the population being foreign-born.
How Pascoag Ranks in Rhode Island
Cost of Living in Pascoag, RI
Compared to national averages, Pascoag has a median household income of $101,359 (35% above the national median of $75,149). Home values average $335,400, which is 37% above the national median. Monthly rent at $1,181 is 2% above the US average of $1,163. Within Rhode Island, Pascoag's income is 9% above the state average of $92,962, and home values are 29% below the state median of $469,914.
Why Live in Pascoag, RI?
Pascoag offers a strong local economy with a median household income of $101,359, well above the national average, and a low poverty rate of 12.3%, better than the national average.
Pascoag has a population of 4,081 with a median age of 37.9 years. Compare Pascoag with other cities to see how it stacks up, or explore all cities in Rhode Island.
Similar Cities Near Pascoag
Cities in Rhode Island with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Narragansett Pier | 3,080 | $79,683 | $771,800 | Compare |
| Hope Valley | 2,147 | $98,481 | $424,100 | Compare |
| Melville | 1,840 | $103,393 | $0 | Compare |
| Chepachet | 1,819 | $95,423 | $285,600 | Compare |
| Harrisville | 1,816 | $66,016 | $348,700 | Compare |
| Ashaway | 1,682 | $101,165 | $305,600 | Compare |
| Charlestown | 1,648 | $113,281 | $545,800 | Compare |
| Bradford | 1,437 | $108,295 | $387,100 | 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 Pascoag With Other Cities
Frequently Asked Questions about Pascoag
What is the population of Pascoag, RI?
The population of Pascoag, RI is 4,081 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Rhode Island.
What is the median household income in Pascoag?
The median household income in Pascoag, RI is $101,359 per year, which is 35% above the national median of $75,149.
What is the median home value in Pascoag?
The median home value in Pascoag, RI is $335,400, which is 37% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pascoag?
The median monthly rent in Pascoag, RI is $1,181, which is 2% above the national average of $1,163/month.
What is the unemployment rate in Pascoag?
The unemployment rate in Pascoag, RI is 8.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Pascoag, RI a good place to live?
Pascoag offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 4,081 and a median age of 37.9, the city appeals to a broad range of residents.
How educated is Pascoag, RI?
25.3% of residents in Pascoag aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Pascoag?
Key cost-of-living indicators for Pascoag, RI: median home value is $335,400 (37% above national), median rent is $1,181/month, and median household income is $101,359. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pascoag?
The poverty rate in Pascoag, RI is 12.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pascoag, RI?
Pascoag's population is 0.0% White, 0.2% Hispanic or Latino, 0.3% Black or African American, 12.0% Asian, and 0.4% two or more races. 12.3% of residents are foreign-born.