HomeRhode IslandWashington CountyWesterly
Westerly, Rhode Island: commercial real estate data.
Westerly 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 since FY2020.
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$213,500
- Ninetieth percentile approval$2,503,300
- Largest approval$5,000,000
- Jobs supported220
- Jobs per approval9.2
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term105 months
- Share on real estate terms of 20 years or more12.5 percent
- Share to franchises12.5 percent
- Distinct lenders16
- Distinct industries by NAICS20
Counted by borrower city: approvals to borrowers whose address is in Westerly, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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$297,000
- Largest approval$1,156,000
- Jobs supported67
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Westerly, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Westerly
Flood risk in Westerly
- NFIP communityTown of Westerly
- NFIP community number445410
- Participating in the NFIPYes
- Community Rating System classClass 7
- Currently effective map date04/03/20
The Town of Westerly participates in the National Flood Insurance Program as community 445410 and carries Community Rating System class 7, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Washington County, not Westerly
Washington County context, not Westerly figures
- Establishments in Washington County3,799
- Covered employment, Washington County59,183
- Average annual pay, Washington County$62,700
- Housing units permitted, Washington County299
Every figure in this section is published for Washington County as a whole and is not a measurement of Westerly.
All Washington County figures →
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $19.2 m since FY2020, across 16 lenders, median approval $213,500, plus 18 504 approvals worth $7.5 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Westerly in the National Flood Insurance Program?
Yes. Westerly appears in the FEMA Community Status Book as Westerly, town of, community 445410, carrying Community Rating System class 7, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Westerly figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.