The 10 Richest Neighborhoods In Providence, RI For 2024

The richest Providence neighborhoods are Blackstone and College Hill for 2024 based on Saturday Night Science.

Richest Neighborhoods In Providence
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Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.

These are the wealthiest neighborhoods that Providence has to offer. Where houses go for over 3.1x the national median and household incomes are 2.33x the national median.

But where exactly in Providence do the richest of the rich people live? That would be Blackstone where the median income is a cool $128,378.

Here’s a look at the top 10 wealthiest neighborhoods in Providence out of 23 for 2024.

The Richest Neighborhoods In Providence For 2024

  1. Blackstone
  2. College Hill
  3. Wayland
  4. Mount Hope
  5. Hope
  6. Elmhurst
  7. Mount Pleasant
  8. Fox Point
  9. Valley
  10. Reservoir

What’s the richest neighborhood to live in Providence for 2024? According to the most recent census data, Blackstone looks to be the richest Providence neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $777,760. And that, my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.

Find where your neighborhood ranks amongst the richest in Providence.

For more Providence reading, check out the best neighborhoods in Providence and the worst neighborhoods in Providence.

Or, for living around Providence, out the best Providence suburbs and the worst Providence suburbs.

Table Of Contents: Table | Methodology

Richst Neighborhoods In Providence For 2024 By Median Income

Rank Neighborhood Median Household Income
1 Blackstone $128,378
2 College Hill $92,475
3 Wayland $89,275
4 Mount Hope $77,826
5 Hope $76,286
6 Elmhurst $68,504
7 Mount Pleasant $64,063
8 Fox Point $63,560
9 Valley $59,559
10 Reservoir $57,834
11 Federal Hill $52,291
12 Smith Hill $51,724
13 Downtown $49,838
14 Silverlake $49,563
15 South Elmwood $49,439
16 Washington Park $45,408
17 West End $45,261
18 Charles $43,450
19 Elmwood $43,068
20 Olneyville $43,021
21 Wanskuck $42,194
22 Hartford $38,131
23 Lower South Providence $27,440

How We Determined The Wealthiest Neighborhoods In Providence For 2024

Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.

And by no one, we mean you because there’s always someone richer than you.

How do you quantify richer than you? We looked at one simple criterion:

Which neighborhoods have the highest median income?

Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Providence.

We ranked every neighborhood in Providence by median income from highest to lowest. The neighborhood with the highest median income, Blackstone, was named the wealthiest neighborhood in Providence.

The richest neighborhoods in Providence are Blackstone, College Hill, Wayland, Mount Hope, Hope, Elmhurst, Mount Pleasant, Fox Point, Valley, and Reservoir.

The poorest neighborhood? That would be Lower South Providence.

The poorest neighborhoods in Providence are Lower South Providence, Hartford, Wanskuck, Olneyville, and Elmwood.

We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Providence.

For more Rhode Island reading, check out:

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.