HomeRhode IslandProvidence CountyWoonsocket city
Woonsocket city, Rhode Island: commercial real estate data.
Woonsocket city is a Census city of 43,521 people across 7.75 square miles of land, in Providence County. Median household income is $61,059, 37.2 percent of occupied homes are owned, and the SBA record carries 29 7(a) approvals to borrowers here worth $7.7 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Woonsocket
What Woonsocket is
- Census place typecity
- Land area7.75 sq mi
- Water area0.19 sq mi
- Population per square mile of land5,619
- County holding the largest share of its areaProvidence County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Woonsocket
How many people live in Woonsocket
- Population43,521
- Median age35.7
- Population under 1810,134
- Share under 1823.3 percent
- Population 65 and over6,387
- Share 65 and over14.7 percent
- Households17,618
- Family households10,424
- Share of households that are families59.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Woonsocket
Income and work in Woonsocket
- Median household income$61,059
- Per capita income$31,639
- Civilian labor force21,457
- Employed19,996
- Unemployed1,461 plus or minus 328
- Unemployment rate6.8 percent plus or minus 1.5
- Adults 25 and over29,947
- Adults 25 and over with a high school diploma or higher82.6 percent
- Adults 25 and over with a bachelor degree or higher19.8 percent
- Adults 25 and over with a graduate degree5.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Woonsocket
Housing in Woonsocket
- Housing units19,429
- Occupied units17,618
- Vacant units1,811
- Vacancy rate9.3 percent
- Owner occupied6,551
- Renter occupied11,067
- Ownership rate37.2 percent
- Median owner-occupied home value$311,000
- Median gross rent, monthly$1,161
- Annual rent as a share of median income22.8 percent
- Single family units5,526
- Share single family28.4 percent
- Units in buildings of two or more13,903
- Share in buildings of two or more71.6 percent
- Mobile homes0
- Median year structure built1952
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Woonsocket
How Woonsocket gets to work
- Workers 16 and over who commute17,991
- Commuting under 15 minutes4,330
- Share commuting under 15 minutes24.1 percent
- Commuting 30 minutes or more8,092
- Share commuting 30 minutes or more45.0 percent
- Drove alone73.0 percent
- Carpooled11.8 percent plus or minus 2.5
- Public transport1.7 percent plus or minus 0.7
- Walked1.3 percent plus or minus 0.6
- Worked from home6.4 percent plus or minus 1.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Woonsocket
SBA loans in Woonsocket (7(a))
- Approvals29
- Gross approval$7,706,500
- Average approval$265,741
- Median approval$150,000
- Ninetieth percentile approval$938,000
- Largest approval$1,230,000
- Jobs supported176
- Jobs per approval6.1
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more10.3 percent
- Share to franchises3.4 percent
- Distinct lenders16
- Distinct industries by NAICS26
A charge-off rate is not published here. only 5 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Woonsocket
SBA loans in Woonsocket (504)
- Approvals15
- Gross approval$11,495,000
- Average approval$766,333
- Median approval$310,000
- Largest approval$5,500,000
- Jobs supported89
- Loans with a final outcome3
- Charged off0
- Median term240 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Providence County, not Woonsocket
Providence County context, not Woonsocket figures
These are Providence County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Woonsocket measurements.
- Establishments in Providence County16,414
- Employment at those establishments, Providence County273,731
- Covered employment, Providence County288,107
- Average annual pay, Providence County$68,852
- Average weekly wage, Providence County$1,324
- Housing units permitted, Providence County782
- Of those, single family, Providence County314
- County product, 2024, Providence County$46,726,521,000
- County product change over the prior year, Providence County4.5 percent
- Average income of an arriving household, Providence County$68,047
Every figure in this section is published for Providence County as a whole and is not a measurement of Woonsocket. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Woonsocket questions, answered from the record.
How many people live in Woonsocket, Rhode Island?
43,521, in 17,618 households. Woonsocket city covers 7.75 square miles of land, which is 5,619 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Woonsocket in?
Providence County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Woonsocket?
$61,059. The median owner-occupied home is valued at $311,000. Median gross rent is $1,161 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Woonsocket businesses?
29 7(a) approvals totalling $7.7 m, across 16 lenders, median approval $150,000, plus 15 504 approvals worth $11.5 m. These count approvals to borrowers whose address is in Woonsocket, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Woonsocket borrowers get paid back?
No rate is published for Woonsocket. only 5 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Woonsocket figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Providence County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Woonsocket.
Is zoning published for Woonsocket?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.