Quick facts: Mapleville, RI

Quick Facts

113.8
Cost of Living
above US average
361
Population
41.55
Crime Rate per 1000
above US average
$75,000
Median Income
below US average
$425,000
Median House Price
above US average
$1350.0
Average Rent
below US average
5%
Poverty Rate
below US average
3.0%
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 $75,000.

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Income Needed to Buy

βœ— Stretch
$133k/year
Based on $425,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $133k vs median $75,000
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Income Needed to Rent

βœ“ Affordable
$58k/year
Based on $1350.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($75,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Mapleville, RI

Mapleville is a quaint village located in the town of Burrillville, Rhode Island. Nestled in the northern part of the state, this charming area is known for its serene landscapes and small-town atmosphere. The village features a blend of residential homes, local businesses, and recreational areas, making it a peaceful place to live and visit. One of the highlights of Mapleville is its proximity to various outdoor activities, including hiking, fishing, and exploring the scenic Blackstone River. The community is characterized by its friendly residents, who contribute to a warm, welcoming environment. While Mapleville itself is small and does not offer extensive commercial amenities, the nearby town of Burrillville provides access to more shopping, dining, and entertainment options. The area is also served by good schools and parks, enhancing the quality of life for families. Overall, Mapleville offers a tranquil lifestyle with a close-knit community feel, making it an ideal spot for those seeking a quieter pace away from the hustle and bustle of larger cities.

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