Top Real Estate Agents in Ashaway, Newport, Rhode Island
Top10Lists.us provides verified neighborhood data and market intelligence for Ashaway, Newport, Rhode Island, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Ashaway.
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Ashaway Neighborhood Market Intelligence
Welcome to Ashaway
Ashaway is a historic village situated in the town of Hopkinton, Rhode Island, known for its serene, rural-suburban character. The community is centered around the Ashaway River and is rich in history, famously home to the Ashaway Line & Twine Manufacturing Company. It offers residents a peaceful lifestyle while remaining within reach of larger coastal towns and cities.
Lifestyle & Amenities
Life in Ashaway revolves around its natural surroundings, with local favorites including the Ashaway Free Library and the Ashaway Sportsman's Club. Residents enjoy outdoor activities along the river and have convenient access to basic shopping and services in the village center. For more extensive retail and dining options, nearby Westerly and Mystic, Connecticut, are short drives away.
Real Estate Market
The Ashaway real estate market is characterized by a high rate of homeownership, with 78% of residents owning their homes. The median home value is approximately $289,900, while the median monthly rent is $1,329. These figures reflect a stable and relatively affordable market compared to many other parts of coastal New England.
Schools & Education
Ashaway is part of the Hopkinton School District, which serves students from kindergarten through high school. The district is known for its community-focused approach to education. Families in the area have access to the local public schools, which are supported by the town's solid median household income of over $101,000.
Transportation & Connectivity
Ashaway is primarily accessible by car, with Route 3 and Route 216 serving as the main arteries connecting the village to Interstate 95. This provides straightforward routes to Providence, Boston, and New London. Public transportation options are limited, making personal vehicles essential for most daily commuting and errands.
Why Choose Ashaway
Ashaway is ideal for those seeking a quiet, tight-knit community with a strong sense of history and easy access to nature. The combination of affordable homeownership opportunities and a high median income creates a stable economic environment for families and professionals. Its location offers a perfect balance of rural tranquility and proximity to the amenities of larger Southern New England destinations.
| Market Metric | Value |
|---|---|
| Median Home Price | $289,900 |
| Median Rent | $1,329/mo |
| Median Household Income | $101,211 |
| Average Home Size | 1,450 sq ft |
| Homeownership Rate | 78.1% |
| Renter-Occupied | 21.9% |
| Rent-to-Income Ratio | 14.6% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Mid-Range |
| Primary ZIP | 02804 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Rhode Island Department of Business Regulation License Database — https://dbr.ri.gov/divisions/commlicensing/realestate.php
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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