1031 Exchange West Greenwich, Rhode Island

 

Surrounding submarket Area

West Greenwich, Rhode Island is a part of the Southern Rhode Island Submarket submarket area, and contains zip code 2817.

West Greenwich Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the West Greenwich, RI submarket area was $1,273, which is 11.28% higher than 2014 average rent. This represents a compounded annual growth rate of 2.16%. 2019 vacancy in West Greenwich, RI was 2.80%.

The total population of the city of West Greenwich, RI has grown 3.33% since 2010. As of 2018, the population was 6,339. The median household income of the West Greenwich was $104,727, which is 73.70% higher than the national average.

  • submarket area Southern Rhode Island Submarket
  • avg rent $1,273
  • rent growth 11.28%
  • vacancy 2.80%
  • median income $104,727
  • population (2018) 6,339
  • population growth 3.33%
  • vs. nat'l avg 73.70%
  • zip code 2817

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