Do you like your neighborhood? Is it friendly, and where everyone knows their neighbors? No matter if you live in the sticks or in an apartment building in downtown Providence, you have a little pocket that you can call home. And each neighborhood is different.
Smaller neighborhoods usually have obvious benefits — less crime, a slower pace of life, and a lower cost of living. But not all Providence neighborhoods are created equal. Some are better than others. But which ones?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Providence are the best. If you’re in one of the places we’re about to highlight, odds are you know you’ve got it made.
Here are the best neighborhoods in Providence for 2018:
- Wayland (Homes)
- College Hill (Homes)
- Elmhurst (Homes)
- Mount Pleasant (Homes)
- Blackstone (Homes)
- Fox Point (Homes)
- Hope (Homes)
- Mount Hope (Homes)
- South Elmwood (Homes)
- Reservoir (Homes)
Read on to see how we determined the places around Providence that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Providence.
If you’re thinking of moving to elsewhere in Rhode Island check out:
- 10 Best Places To Live In Rhode Island
- 10 Cheapest Places To Live In Rhode Island
- 10 Most Dangerous Cities In Rhode Island
How do you determine the top neighborhoods in Providence for 2018?
In order to rank the best neighborhoods in Providence, we had to determine what criteria defines a ‘best’.
Using crime, census, and extrapolated BLS data, we arrived at the following set of criteria:
- High incomes
- Low unemployment rates
- Low crime
- High home prices
- High population densities (A proxy for things to do)
We limited the analysis to neighborhoods with over 1,000 people.
We then ranked each neighborhood with scores from 1 to 24 in each category, where 1 was the best.
Next, we averaged the rankings for each neighborhood to create a best neighborhood index.
And finally, we crowned the neighborhood with the lowest best neighborhood index the ‘Best City Neighborhood In Providence.’ We’re lookin’ at you, Wayland.
Read on below to learn more about what it’s like to live in the best places Providence has to offer. Or skip to the end to see the list of all the neighborhoods in the city from best to worst.
Median Income: $49,078
Median Home Value: $522,425
2. College Hill
Median Income: $73,024
Median Home Value: $611,738
College Hill is a neighborhood in Providence, Rhode Island, and one of six neighborhoods comprising the East Side of Providence and part of the College Hill Historic District. It is roughly bounded by South and North Main Street to the west, Power Street to the south, Governor Street and Arlington Avenue to the east and Olney Street to the north. College Hill is also home to Thayer Street, a shopping strip frequented by students in the Providence area.
More on College Hill: Real Estate | Data
Median Income: $61,325
Median Home Value: $180,591
Elmhurst is a primarily residential neighborhood in the northwest quadrant of Providence, Rhode Island. Douglas Avenue and Admiral Street bound Elmhurst to the northeast, Academy Avenue and Smith Street bound it to the west, while Chalkstone Avenue marks the southern border.
More on Elmhurst: Real Estate | Data
4. Mount Pleasant
Median Income: $58,154
Median Home Value: $158,727
Mount Pleasant is a working-class residential neighborhood situated in the northwest of the city of Providence, Rhode Island. It is bordered by Olneyville to the south, Valley to the east, Manton to the west, and Elmhurst to the northeast, and the Town of North Providence to the north. The major street boundaries that define Mount Pleasant are Academy Avenue to the east, Smith Street to the northeast, Atwells Avenue to the south, and portions of Bullock, Chalkstone, Mera, and Rushmore Avenues to the west.
More on Mount Pleasant: Real Estate | Data
Median Income: $94,661
Median Home Value: $430,925
Blackstone is a predominantly residential neighborhood in Providence, Rhode Island. It is in the northeast corner of the city and is bounded to the south and west by Lloyd Avenue and Hope Street respectively. It is one of six neighborhoods comprising the East Side of Providence.
More on Blackstone: Real Estate | Data
6. Fox Point
Median Income: $52,271
Median Home Value: $321,020
Fox Point is a neighborhood in the East Side of Providence, Rhode Island. It is bounded by the Providence and Seekonk rivers, Interstate 195 and the College Hill and Wayland neighborhoods. Fox Point is the southernmost neighborhood in the East Side area of Providence.
More on Fox Point: Real Estate | Data
Median Income: $72,622
Median Home Value: $298,550
Hope is a neighborhood on the northern border of Providence, Rhode Island. To the west, it is bounded by North Main Street, the North Burial Ground, and Interstate 95, while Rochambeau Ave, Hope Street, and the Providence-Pawtucket city line roughly delineate its boundaries to the south, east, and north respectively. Hope is sometimes referred to as Summit, named for the street that runs through the middle of the neighborhood. Though ‘Hope’ is officially recognized, residents and the local neighborhood organization more often use ‘Summit’.
More on Hope: Real Estate | Data
8. Mount Hope
Median Income: $49,791
Median Home Value: $182,950
Mount Hope is a neighborhood in northern Providence, Rhode Island. It is one of six neighborhoods comprising the East Side of Providence. The area is bounded to the north by Rochambeau Avenue, to the east by Hope Street, to the south by Olney Street, while the western border is the former New York-New Haven Railroad and Interstate 95. Camp Street is often used as a landmark for the neighborhood, as it runs lengthwise through Mount Hope’s center.
More on Mount Hope: Real Estate | Data
9. South Elmwood
Median Income: $41,450
Median Home Value: $165,750
South Elmwood is the southernmost neighborhood in Providence, Rhode Island, and is home to Roger Williams Park and the Roger Williams Park Zoo. The neighborhood is bounded to the northwest by Interstate 95, to the northeast by Broad Street and Verndale Avenue, and on all other sides by the municipal boundary with Cranston. The population of the neighborhood, as of 2000, was 2,184.
More on South Elmwood: Real Estate | Data
Median Income: $48,204
Median Home Value: $149,333
Reservoir is a neighborhood in southwest Providence, Rhode Island. It is bounded to the north and east by the Amtrak Northeast Corridor railroad tracks, and to the west and south by the municipal boundary with Cranston. The population of the neighborhood, as of 2000, was 2,963.
More on Reservoir: Real Estate | Data
Putting A Bow On Our Analysis Of Providence
If you’re measuring the neighborhoods in Providence where crime is low and everyone wants to live, this is an accurate list.
If you’re curious, here are the worst places in Providence:
- Lower South Providence
For more reading, check out:
- 10 Worst Places To Live In Rhode Island
- These Are The 10 Richest Cities In Rhode Island
- 10 Safest Places In Rhode Island
Detailed List Of The Best Neighborhoods In Providence
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