1540 WADK.com Updates

A new report says more affordable housing is needed for aging Rhode Islanders as the number of households headed by someone 65 or older continues to increase.

The HousingWorks RI 2016 Fact Book says 32 percent of all households in the state will be headed by someone 65 or older by 2025. That's up from 23 percent in 2014.

HousingWorks says about 40 percent of Rhode Islanders rent their homes, and more than half of renters spent more than 30 percent of their income on housing in 2014.

The report says a household earning the state's median household income of $54,891 in 2015 would be able to afford a median-priced, single-family home in only six of the state's 39 cities and towns.

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