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Carolina, Rhode Island Demographics & Population 2026

Highest IncomeHighest median household income in Rhode Island

During the 2020–2024 ACS period, Carolina, Rhode Island had a total population of 1,048, the 26th largest community in Rhode Island, with a median household income of $140,196, which is 60% higher than the state average. The poverty rate is 5.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Carolina Quick Facts

Population 1,048
Median Household Income $140,196
Median Home Value $396,400
Poverty Rate 5.6%
Unemployment Rate 1.7%
Median Age 41.9 years
Homeownership Rate 92.0%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 43.4%
High School Graduation Rate 93.5%
Diversity Index 13/100
Population 1,048 26th of 36
Median Income $140,196 top 10%
Poverty Rate 5.6% 55% lower than national
Median Home Value $396,400 average

How Carolina Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,2381,048-15.3%
Median household income$123,063$140,196+13.9%
Median home value$366,000$396,400+8.3%

How Carolina Compares

Economy & Housing

Household Income Distribution

Under $25K 5.8%
$25K-$50K 14.4%
$50K-$100K 12.8%
$100K+ 67.0%
Detailed income brackets
Under $10K
5.8%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
8.0%
$30K-$35K
0.0%
$35K-$40K
6.4%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
3.2%
$60K-$75K
9.6%
$75K-$100K
0.0%
$100K-$125K
6.7%
$125K-$150K
25.3%
$150K-$200K
13.1%
$200K+
21.8%

Employment

1.7% Unemployment Rate State: 5.8%|National: 5.2%
62.0% Labor Force Participation

Housing Overview

Owner 92.0%
Renter 8.0%
Affordability Index Very Affordable
2.8x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 50 | National average: 61

Education

Carolina Rankings in Rhode Island

#26 Population of 36
#2 Median Income of 35
#13 Education of 36
#18 Home Value of 35

Other Cities in Washington County

CityPopulationMedian IncomePovertyHome Value
Westerly 18,411 $95,207 5.7% $448,800
Wakefield-Peace Dale 9,302 $106,551 9.5% $494,400
Kingston 7,332 $107,404 1.8% $553,400
Narragansett Pier 3,167 $82,192 13.6% $851,300
Hope Valley 2,297 $101,932 9.2% $447,500
Ashaway 1,722 $103,707 1.4% $343,600
Bradford 1,511 $120,250 2.3% $418,100
Charlestown 1,499 $108,563 4.2% $583,200
Quonochontaug 610 $86,071 5.3% $1,043,900
Weekapaug 541 $137,917 5.7% $1,252,700

Cities Similar to Carolina

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Harmony1,006$120,235$341,40038.2%14.0%
Greene962$129,583$424,00038.7%2.1%
Bradford1,511$120,250$418,10039.1%2.3%
Charlestown1,499$108,563$583,20057.6%4.2%
Melville1,631$102,266N/A59.5%1.6%

Population Overview

Carolina is a small community located in Rhode Island, within Washington County. The total population is 1,048. It ranks as the 26th most populous out of 36 Census-designated places in Rhode Island.

Age Demographics

The median age in Carolina is 41.9 years. This is 3% higher than the state median of 40.6 years. With 32.3% of the population under 18, Carolina has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Carolina is $140,196. This is 60% higher than the state median of $87,796. It is also 74% higher than the national median of $80,734. The poverty rate stands at 5.6%. This is 50% lower than the state poverty rate of 11.2%. The unemployment rate is 1.7%. This is 70% lower than the state rate of 5.8%. The median home value is $396,400. Housing costs are 2% lower than the state median of $404,200. With a home-value-to-income ratio of just 2.8x, Carolina is one of the most affordable housing markets in the area. 92.0% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 63.6%.

Race & Ethnicity

Carolina has a predominantly White (non-Hispanic) population, comprising 93.2% of all residents.

Education

43.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% higher than the state rate of 37.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.5%.

Data Sources & Methodology

All demographic data for Carolina, Rhode Island is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Rhode Island state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 36 Census-designated places in Rhode Island. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Rhode Island city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Carolina, Rhode Island?

Carolina, Rhode Island has a population of 1,048 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Carolina, RI?

The median household income in Carolina is $140,196, which is 74% higher than the national median of $80,734.

What is the poverty rate in Carolina, RI?

The poverty rate in Carolina is 5.6%. This means approximately 59 residents live below the federal poverty line.

What is the racial makeup of Carolina, Rhode Island?

Carolina's population is 93.2% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Carolina, RI?

The median home value in Carolina is $396,400. The home-value-to-income ratio is 2.8x.

How educated is Carolina, Rhode Island?

43.4% of adults (25+) in Carolina hold a bachelor's degree or higher, and 14.2% hold a graduate or professional degree.