ZIP code 02874: income, home prices and cost of living

The median household income in ZIP 02874 is $136,473, which is 45% above the Rhode Island median of $94,026 and 99% above the national figure. The typical home is valued at $575,700, and the median rent is $1,875/month. 86.3% of households own their home.

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

Median household income

$136,473

Rhode Island average
$94,02645%
National
$68,75099%

Median home value

$575,700

Rhode Island average
$364,00058%
National
$209,600175%

Median gross rent

$1,875

Rhode Island average
$1,23552%
National
$98491%

Median age

44.0 yrs

Rhode Island average
42.2 yrs4%
National
41.0 yrs7%

Homeownership rate

86.3%

Rhode Island average
74.4%16%
National
75.8%14%

Bachelor's degree or higher

30.6%

Rhode Island average
22.4%36%
National
15.9%92%

How ZIP 02874 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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Homes in 02874 typically sell around $575,700. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Rhode Island

02871028780287902881028820286502864028630288502886

Or compare 02874 with 02871.

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See every local figure on the Rhode Island money guide.

What people search about ZIP 02874

Searches for the cost of living in 02874, the median household income in 02874, average rent in 02874 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 02874, 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.