Up-and-Coming Neighborhoods in Woonsocket, RI

21 neighborhoods with growth potential — still affordable, increasingly walkable, and showing improving conditions. Ranked by affordability, walkability, employment, safety, and air quality.

Population: 43,0292026 Data

Up-and-Coming Neighborhoods in Woonsocket, RI — Key Takeaways

Woonsocket has 21 neighborhoods showing growth potential. The most affordable up-and-coming area is Chepachet CDP with a median home value of $282,100. The most walkable is Valley Falls CDP with a Walk Score of 41/100. The strongest job market is in Melville CDP with an unemployment rate of 2.1%.

Woonsocket has a population of 43,029, a median household income of $54,398, an unemployment rate of 8.9%, and a poverty rate of 19.2%. The median home value citywide is $241,000, which is 15% below the national average of $281,900.

Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA AirNow, Walk Score, and FEMA. Last updated: March 2026.

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Top 3 Up-and-Coming Neighborhoods

Melville CDP

83/100

Up-and-Coming Score

Unemp: 2.1%

Chepachet CDP

49/100

Up-and-Coming Score

$282,100

Unemp: 0.0%

Ashaway CDP

49/100

Up-and-Coming Score

$285,300

Unemp: 0.0%

Complete Rankings — 21 Neighborhoods

Up-and-coming neighborhoods in Woonsocket ranked by growth potential score, with median home value, walk score, unemployment rate, crime rate, and rent.
#	Neighborhood	Score	Median Home	Walk Score	Unemployment	Crime Rate	Rent
	Melville CDP	83	N/A	—	2.1%	2.2 per 1K	$2,354
	Chepachet CDP	49	$282,100	—	0.0%	2.2 per 1K	$1,011
	Ashaway CDP	49	$285,300	—	0.0%	2.2 per 1K	$1,329
4	Weekapaug CDP	49	$678,200	—	0.0%	2.2 per 1K	N/A
5	Valley Falls CDP	46	$322,800	41/100	2.8%	2.2 per 1K	$1,129
6	Cumberland Hill CDP	46	$342,900	41/100	2.5%	2.2 per 1K	$1,129
7	Greenville CDP	45	$376,000	41/100	3.4%	2.2 per 1K	$1,129
8	Tiverton CDP	45	$336,900	41/100	3.4%	2.2 per 1K	$1,223
9	Greene CDP	43	$332,500	—	2.8%	2.2 per 1K	N/A
10	Harmony CDP	42	$339,900	—	3.5%	2.2 per 1K	N/A
11	Newport East CDP	42	$444,300	41/100	5.8%	2.2 per 1K	$1,129
12	Westerly CDP	41	$377,000	41/100	6.5%	2.2 per 1K	$1,129
13	Wakefield-Peace Dale CDP	39	$436,600	41/100	7.9%	2.2 per 1K	$1,129
14	Harrisville CDP	37	$339,500	—	5.7%	2.2 per 1K	$742
15	Carolina CDP	36	$346,000	—	6.1%	2.2 per 1K	N/A
16	Kingston CDP	35	$458,600	41/100	11.0%	2.2 per 1K	N/A
17	Pascoag CDP	33	$294,000	—	7.7%	2.2 per 1K	$1,132
18	Hope Valley CDP	32	$429,200	—	8.4%	2.2 per 1K	$1,214
19	Charlestown CDP	30	$496,200	—	9.2%	2.2 per 1K	$1,524
20	Narragansett Pier CDP	25	$682,900	—	11.6%	2.2 per 1K	$1,636
21	Bradford CDP	18	$282,200	—	15.1%	2.2 per 1K	$985

Rankings by Category

Top 5 up-and-coming neighborhoods in Woonsocket for each growth-potential metric.

Most Affordable

Lowest median home value

1
Chepachet CDP
$282,100
2
Bradford CDP
$282,200
3
Ashaway CDP
$285,300
4
Pascoag CDP
$294,000
5
Valley Falls CDP
$322,800

Most Walkable

Highest Walk Score

Lowest Unemployment

Lowest unemployment rate

Safest

Lowest violent crime rate

1
Melville CDP
2.2 per 1K
2
Chepachet CDP
2.2 per 1K
3
Ashaway CDP
2.2 per 1K
4
Weekapaug CDP
2.2 per 1K
5
Valley Falls CDP
2.2 per 1K

Best Air Quality

Lowest Air Quality Index

1
Kingston CDP
AQI 29
2
Valley Falls CDP
AQI 36
3
Cumberland Hill CDP
AQI 36
4
Greenville CDP
AQI 36
5
Tiverton CDP
AQI 36

Lowest Rent

Lowest median rent

Highest Income

Highest median household income

1
Melville CDP
$128,750
2
Cumberland Hill CDP
$120,365
3
Weekapaug CDP
$110,000
4
Charlestown CDP
$109,563
5
Kingston CDP
$108,056

Lowest Poverty

Lowest poverty rate

1
Melville CDP
0.7%
2
Ashaway CDP
0.8%
3
Greene CDP
2.1%
4
Weekapaug CDP
2.5%
5
Kingston CDP
3.4%

How We Identify Up-and-Coming Neighborhoods in Woonsocket

Up-and-coming neighborhoods are identified using a Growth Potential Score that evaluates five weighted categories. These areas are still affordable relative to the city average but show strong fundamentals that suggest improving conditions and future appreciation.

Affordability vs City Average: 30% weight
Walkability & Transit: 25% weight
Job Market (Unemployment): 20% weight
Safety: 15% weight
Environment (Air Quality): 10% weight

Neighborhoods that are priced below the city median home value score higher on affordability. Walkability reflects the Walk Score, indicating access to amenities on foot. A low unemployment rate signals a strong local economy. Safety is measured by violent crime rates per 1,000 residents. Air quality uses the EPA Air Quality Index (AQI), where lower values indicate cleaner air.

Data Sources: US Census Bureau American Community Survey (ACS) 5-Year Estimates, FBI Uniform Crime Reporting (UCR), EPA AirNow, Walk Score, Bureau of Labor Statistics (BLS), and FEMA National Flood Hazard Layer. All data is updated on a rolling basis as new government releases become available.

Frequently Asked Questions

What are the most up-and-coming neighborhoods in Woonsocket?

The top up-and-coming neighborhoods in Woonsocket are: Melville CDP, Chepachet CDP, Ashaway CDP, Weekapaug CDP, Valley Falls CDP. These areas combine affordability, walkability, low unemployment, and improving conditions.

Which neighborhoods in Woonsocket are still affordable but improving?

The most affordable up-and-coming neighborhood in Woonsocket is Chepachet CDP with a median home value of $282,100. The national median is $281,900.

What is the most walkable up-and-coming area in Woonsocket?

The most walkable up-and-coming neighborhood in Woonsocket is Valley Falls CDP with a Walk Score of 41/100. The national average Walk Score is 48/100.

Is Woonsocket a good place to buy property for appreciation?

Woonsocket has a median home value of $241,000, which is below the national average, suggesting room for appreciation. There are 21 neighborhoods showing growth potential based on affordability, walkability, and economic indicators.

Which up-and-coming neighborhoods in Woonsocket have the lowest unemployment?

Melville CDP has the lowest unemployment rate among up-and-coming neighborhoods in Woonsocket at 2.1%. The national average is 3.7%.

What is the median household income in Woonsocket?

The median household income in Woonsocket, RI is $54,398. The national median is $74,580.

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