Everything You Should Know Before Moving to New Shoreham, RI
Considering a move to New Shoreham, RI? This charming island town, with just over 1,000 residents, offers tranquil living with low crime rates and short commutes averaging 8 minutes. Expect a higher cost of living, with median home prices near $988,000 and rents around $1,500. Residents enjoy mild summers, 58% sunny days, and a close-knit school community. With excellent healthcare access and a high rate of college-educated neighbors, New Shoreham is ideal for those seeking peaceful coastal living.
Demographics - New Shoreham, RI
Demographics - New Shoreham, RI
New Shoreham is a small island community with a population of just over 1,000, a median age of 48, and a predominantly White demographic. The gender ratio is nearly balanced, and the town has a modest proportion of non-English speakers, contributing to its close-knit and welcoming atmosphere.
Population:
1,055
Density:
110 per sq mi
Median Age:
48.2
Gender Ratio:
104 males per 100 females
Non-English Speakers Percentage:
5.5%
Ethnic Composition
White:
95.0%
Black:
0.2%
Asian:
0.2%
Others:
4.6%
Cost Of Living
What is the average cost of living in New Shoreham, RI?
Living in New Shoreham comes with a high cost of living, with a median home value close to $1 million and average rents around $1,500 per month. Overall expenses, including housing and utilities, are well above the national average, reflecting its desirable location and limited housing supply.
Median House Value:
$988,000
Gross Rent:
$1,500
Monthly Electricity Charges:
$170
Auto Insurance:
$1,650
House Owner Cost With Mortgage:
$2,900
House Owner Cost Without Mortgage:
$900
State Taxes:
Low:
3.75%
|
High:
5.99%
Cost Of Living Index:
137.4
Grocery:
125.0
Housing:
171.0
Utilities:
118.0
Transportation:
130.0
Health Care:
118.0
Miscellaneous:
110.0
Crime
Is New Shoreham, RI a safe place to live?
New Shoreham boasts a low crime rate, with violent crime significantly below the national average and property crime relatively rare. Residents enjoy a strong sense of safety, with a 1 in 1,050 chance of encountering violent crime.
Violent Crimes Per 100k:
95
Property Crimes Per 100k:
380
Crime Index:
475
Chance Of Violent Crime:
1 in 1,050
Chance Of Property Crime:
1 in 275
Weather
What is the weather like in New Shoreham, RI year-round?
Residents experience mild coastal weather, with summer highs in the upper 70s and winters that rarely dip below the mid-20s. The area receives about 45 inches of rainfall annually and enjoys sunshine 58% of the year, making it pleasant for outdoor activities.
Winter
Min:
26°F
Max:
38°F
Spring
Min:
43°F
Max:
62°F
Summer
Min:
61°F
Max:
77°F
Fall
Min:
49°F
Max:
66°F
Average Rainfall Inches:
45.0 inches
Sunny Days Percentage:
58%
Neighbors
The community has a median household income of $72,300 and a low unemployment rate of 3.8%. Most residents are well-educated, with 95% holding a high school diploma or higher, and commute times are exceptionally short, averaging just over 8 minutes.
Median Income:
$47,000
Household Income:
$72,300
Family Income:
$80,100
Per Capita Income:
$41,200
Income Male:
$46,500
Income Female:
$40,000
Poverty Rate:
7.8%
Non English Speakers:
5.5%
Rent:
$1,500
Unemployment Rate:
3.8%
Public Transport Usage:
0.8%
Commute Time:
8.2 minutes
Education
High School or Higher:
95.1%
Bachelors or More:
42.0%
Education
How are the schools in New Shoreham, RI?
New Shoreham provides quality local education through its small public school, which has a low student-teacher ratio and serves around 120 students. For higher education, the University of Rhode Island is accessible via a short ferry ride to the mainland.
Public Schools
Name:
Block Island School
Street:
15 High St
Phone:
401-466-5600
Students:
120
Student Teacher Ratio:
6.8
Colleges
Name:
University of Rhode Island
City:
Kingston
State:
RI
Distance:
13 miles (mainland, via ferry)
Students:
17,800
Healthcare
Healthcare access is strong, with local primary and emergency care available on the island and additional hospital services nearby on the mainland. There are 2.6 physicians per 1,000 residents and over 94% of the population has health insurance coverage.
Major Hospitals
Name:
Block Island Health Services
Address:
6 Payne Rd, Block Island, RI 02807
Phone:
(401) 466-2974
Type:
Primary & Emergency Care
Emergency Services:
Yes
Name:
South County Hospital (mainland)
Address:
100 Kenyon Ave, Wakefield, RI 02879
Phone:
(401) 782-8000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.6
Health Insurance Coverage:
94.3%
Health Care Index:
78.0
Housing Market
What is the housing market like in New Shoreham, RI?
The housing market in New Shoreham is competitive, featuring a median home price nearing $1 million and an owner-occupied rate above 80%. Home values have seen nearly 9% appreciation over the past year, making it an attractive market for long-term investment.
Median Home Price:
$988,000
Average Rent For 2 Bedroom:
$1,500
Owner Occupied Rate:
83.5%
Rental Vacancy Rate:
10.2%
Home Appreciation Rate (1yr):
8.9%
New Construction Rate:
1.1%
Foreclosure Rate:
0.6%
DMV Information
Residents access motor vehicle services through the Rhode Island Division of Motor Vehicles, located in Cranston. The DMV offers a full range of licensing and registration services for state residents both online and in-person.
State:
Rhode Island
Department:
Rhode Island Division of Motor Vehicles
Address:
600 New London Ave, Cranston, RI 02920
Phone:
401-462-4368
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.