Quick facts: Glendale, RI

Quick Facts

113.8
Cost of Living
above US average
1,773
Population
28.2
Crime Rate per 1000
above US average
$75,854
Median Income
below US average
$675,000
Median House Price
above US average
$2097
Average Rent
above US average
5%
Poverty Rate
below US average
3.2%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $75,854.

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Income Needed to Buy

βœ— Stretch
$212k/year
Based on $675,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $212k vs median $75,854
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Income Needed to Rent

⚠ Stretch
$90k/year
Based on $2097/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $90k vs median $75,854
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Glendale, RI

Glendale is a quaint village located within the town of Burrillville in Providence County, Rhode Island. Nestled in a predominantly rural area, it offers a serene environment characterized by its lush landscapes and proximity to various natural attractions, including the scenic Burlingame State Park and the picturesque Scituate Reservoir. The village has a rich history, reflecting the charm of New England with its historic homes and community spirit. Glendale is primarily residential, with a small population that contributes to a close-knit community atmosphere. The area boasts several local businesses, parks, and recreational spaces, offering residents opportunities for outdoor activities such as hiking, fishing, and picnicking. It's a perfect spot for those who appreciate a quieter lifestyle away from the hustle and bustle of larger cities. Despite its small size, Glendale is conveniently located near major highways, providing easy access to nearby urban centers like Providence, where residents can enjoy a wider array of cultural, dining, and entertainment options. Overall, Glendale combines the tranquility of rural life with the conveniences of urban accessibility, making it an attractive place for families and nature enthusiasts alike.

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