ZIP code 02816: income, home prices and cost of living

The median household income in ZIP 02816 is $94,026, which is 0% above the Rhode Island median of $94,026 and 37% above the national figure. The typical home is valued at $294,800, and the median rent is $1,178/month. 80.6% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$94,026

Rhode Island average
$94,026
National
$68,75037%

Median home value

$294,800

Rhode Island average
$364,00019%
National
$209,60041%

Median gross rent

$1,178

Rhode Island average
$1,2355%
National
$98420%

Median age

44.1 yrs

Rhode Island average
42.2 yrs5%
National
41.0 yrs8%

Homeownership rate

80.6%

Rhode Island average
74.4%8%
National
75.8%6%

Bachelor's degree or higher

20.5%

Rhode Island average
22.4%9%
National
15.9%29%

How ZIP 02816 compares with Rhode Island and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Rhode Island

02817028140281802813028220280902825028060282802830

Or compare 02816 with 02817.

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What people search about ZIP 02816

Searches for the cost of living in 02816, the median household income in 02816, average rent in 02816 and home values in this part of Rhode Island all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 02816, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.