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
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.
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