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East Providence

Learn about the people, housing, costs and businesses in East Providence, Rhode Island

Median Home$369,650
Median Rent$1,262/month
Population47,281
Leading IndustriesPublic Administration · Manufacturing · Arts, Food & Hospitality27% public administration
Home Value Growth⬆⬆⬆+22.6% over 2 years
Young Adults28% of residentsnear the national average
Homeowners60% of occupied units
NotableAmenity Score74/100 · highly walkable area
East Providence
RI

Explore East Providence

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in East Providence?

As of today, the 30-year fixed mortgage rate for East Providence is approximately 6.894% (6.930% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in East Providence?

The median home value in East Providence is $370k. The median monthly rent is $1,262. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in East Providence?

Home values in East Providence have increased 22.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in East Providence?

Based on a typical all-in ownership cost of $1,512/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in East Providence is $81k/year.

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What industries drive the economy in East Providence?

The largest employment sectors in East Providence are public administration (27%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.