Town by town, here’s what Rhode Islanders need to earn to affordably buy a home
With the cost of housing figuring prominently in the governor's race and the Providence mayoral race, a new report from HousingWorks RI shows the annual income Rhode Island households need to earn to affordably buy a home. A new report by HousingWorks RI has revealed that a Rhode Island household needs an annual income of nearly $130,000 to affordably buy a home in Rhode Island, and much more in many cities and towns. The cost of housing has been a topic in both the mayoral race in Providence and the governor race, with candidates offering different approaches to building more affordable homes quickly. The report also reveals that a household needs to earn nearly $129,000 annually to affordable a home. The annual income needed to afford a median-priced home in each city or town is listed below.
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The cost of housing has figured prominently in this year’s mayoral race in Providence and in the race for governor, with candidates for each office offering contrasting visions about how to build as m... [1129 symbols]