New Shoreham at a Glance:
New Shoreham is the town located on Block Island in Washington County, Rhode Island. According to the United States Census Bureau, the town has a total area of 109.5 square miles, of which 99.8 square miles is water. It was established in 1664 and incorporated by Home Rule Charter on October 30, 1672. New Shoreham's government is composed of a Town Council and a Town Manager. The Town Council is comprised of a First Warden, Second Warden and three Town Councilors, elected each even numbered year for a two-year term.
Housing Facts: 2011
| Typical monthly housing payment* for a $970,000 house |
$6,273 |
| Household income required to afford a $970,000 house |
$250,914 |
| Average monthly rent for a two-bedroom apartment |
$1,150 |
| Household income required for that rent to be affordable |
$46,000 |
| Average private-sector wage for jobs in New Shoreham |
$38,116 |
| Foreclosures in New Shoreham |
|
| Actual number of foreclosures |
0 |
| Total number of mortgaged housing units |
202 |
| Foreclosures as a percentage of mortgaged stock |
0.00% |
| Housing Units in New Shoreham |
|
| Number of year-round housing units |
555 |
| Housing units that quality as affordable |
56 |
| Affordable housing units reserved for the elderly |
0 |
| Affordable housing units reserved for families |
56 |
| Affordable housing units reserved for persons with special needs |
0 |
| Homes funded through Building Homes Rhode Island |
11 |
| How much housing is needed? |
|
| Additional housing units necessary to meet the 10% threshold established by the State's Low and Moderate Income Housing Act of 2004 |
0 |
