HomeRhode IslandWashington CountyWesterly CDP
Westerly CDP, Rhode Island: commercial real estate data.
Westerly CDP is a Census CDP of 18,411 people across 15.83 square miles of land, in Washington County. Median household income is $95,207, 71.4 percent of occupied homes are owned, and the SBA record carries 24 7(a) approvals to borrowers here worth $19.2 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Westerly
What Westerly is
- Census place typeCDP
- Land area15.83 sq mi
- Water area0.69 sq mi
- Population per square mile of land1,163
- County holding the largest share of its areaWashington 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.
Westerly
How many people live in Westerly
- Population18,411
- Median age50.4
- Population under 182,647
- Share under 1814.4 percent
- Population 65 and over4,633
- Share 65 and over25.2 percent
- Households8,282
- Family households5,210
- Share of households that are families62.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westerly
Income and work in Westerly
- Median household income$95,207
- Per capita income$53,043
- Civilian labor force10,108
- Employed9,810
- Unemployed298 plus or minus 148
- Unemployment rate2.9 percent plus or minus 1.4
- Adults 25 and over14,104
- Adults 25 and over with a high school diploma or higher94.6 percent
- Adults 25 and over with a bachelor degree or higher43.3 percent
- Adults 25 and over with a graduate degree18.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westerly
Housing in Westerly
- Housing units9,028
- Occupied units8,282
- Vacant units746 plus or minus 289
- Vacancy rate8.3 percent plus or minus 3.2
- Owner occupied5,912
- Renter occupied2,370
- Ownership rate71.4 percent
- Median owner-occupied home value$448,800
- Median gross rent, monthly$1,260
- Annual rent as a share of median income15.9 percent
- Single family units5,824
- Share single family64.5 percent
- Units in buildings of two or more3,183
- Share in buildings of two or more35.3 percent
- Mobile homes21 plus or minus 33
- Median year structure built1972
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westerly
How Westerly gets to work
- Workers 16 and over who commute8,756
- Commuting under 15 minutes3,441
- Share commuting under 15 minutes39.3 percent
- Commuting 30 minutes or more2,540 plus or minus 514
- Share commuting 30 minutes or more29.0 percent
- Drove alone80.6 percent
- Carpooled5.6 percent plus or minus 2.9
- Public transport0.6 percent plus or minus 0.6
- Walked1.8 percent plus or minus 1.4
- Worked from home10.4 percent plus or minus 2.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Westerly
SBA loans in Westerly (7(a))
- Approvals24
- Gross approval$19,178,400
- Average approval$799,100
- Median approval$227,000
- Ninetieth percentile approval$2,650,000
- Largest approval$5,000,000
- Jobs supported220
- Jobs per approval9.2
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises12.5 percent
- Distinct lenders16
- Distinct industries by NAICS20
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.
Westerly
SBA loans in Westerly (504)
- Approvals18
- Gross approval$7,468,000
- Average approval$414,889
- Median approval$309,000
- Largest approval$1,156,000
- Jobs supported67
- Loans with a final outcome2
- 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.
Washington County, not Westerly
Washington County context, not Westerly figures
These are Washington County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Westerly measurements.
- Establishments in Washington County3,799
- Employment at those establishments, Washington County46,113
- Covered employment, Washington County59,183
- Average annual pay, Washington County$62,700
- Average weekly wage, Washington County$1,206
- Housing units permitted, Washington County299
- Of those, single family, Washington County222
- County product, 2024, Washington County$9,767,982,000
- County product change over the prior year, Washington County6.9 percent
- Average income of an arriving household, Washington County$130,895
Every figure in this section is published for Washington County as a whole and is not a measurement of Westerly. 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
Westerly questions, answered from the record.
How many people live in Westerly, Rhode Island?
18,411, in 8,282 households. Westerly CDP covers 15.83 square miles of land, which is 1,163 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Westerly in?
Washington 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 Westerly?
$95,207. The median owner-occupied home is valued at $448,800. Median gross rent is $1,260 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Westerly businesses?
24 7(a) approvals totalling $19.2 m, across 16 lenders, median approval $227,000, plus 18 504 approvals worth $7.5 m. These count approvals to borrowers whose address is in Westerly, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Westerly borrowers get paid back?
No rate is published for Westerly. 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 Westerly figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Washington 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 Westerly.
Is zoning published for Westerly?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.