The median income for a household in the town was $50,363, and the median income for a family was $67,571. Males had a median income of $45,436 versus $31,759 for females. The per capita income for the town was $28,194. About 4.9% of families and 16.0% of the population were below the poverty line, including 8.4% of those under age 18 and 5.0% of those age 65 or over. In 2010, Narragansett was estimated to have 2,743 people in poverty; college students represented 71% of that group, and in comparison, statewide college students make up only 13.7 percent of the total population in poverty. This large college factor, in a relatively small community has a profound impact on the overall poverty rate.