Is Chepachet, Rhode Island a Good Place To Live? - Living In Chepachet, RI

Is Chepachet, Rhode Island a good place to live?
Chepachet is a city in Rhode Island state in USA with a population of 1530 residents.. The poverty rate of Chepachet is 14.6%, which is 4% higher than national average. The typical household in Chepachet earns $80463 a year, compared to the national median of $67,500. Nearly 34.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Chepachet, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Chepachet remained 4.1%, which is 13% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Chepachet, only 22% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in Chepachet is 0, which is 100% lower than national average. Median home value in Chepachet is $243800 , which is 6% higher than national average. While median income in Chepachet remained $80463, which is 19% higher than national average.
Population
1530
Unemployment
4.1%
13% NAT AVG.
Poverty
14.6%
4% NAT AVG.
Overall Score
5
Median Home Cost
$243800
6% NAT AVG.
Median Income
$80463
19% NAT AVG.
Median Rent
$1070
8% NAT AVG.
People Living BPL
1 in 7
Unemployed People
1 in 24
People Earning < $10,000
1 in 14
People Earning < $50,000
34.1%
People with <= High School
1 in 2.2
People With Any Degree
1 in 2.7
Pros & Cons Overview

Jobs85%

Housing85%

Affordability80%

Safety40%

Amenities40%

Diversity40%

Education60%

Commute60%