Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

ZIP Code 02840, RI

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 02840.

← Back to ZIP Code 02840 Hub

Community Insights

Highly Educated
33% bachelor's · 18% graduate
top 7% nationally
Veteran Community
9% of residents
top 23% nationally
Leading Industries
Arts, Food & Hospitality · Healthcare · Education
13% arts, food & hospitality
Home Value Growth⬆⬆⬆
+30.2% over 2 years
Young Adults
41% of residents
well above average
Homeowners
50% of occupied units

People & Demographics

Total Population24,870
Households
Under 18
12.0%
Age 18–34
41.0%
Age 35–64
24.0%
Age 65+
23.0%
Veterans
9.0%
Active Duty
11.0%

Housing & Living

Median Home Value$784,526
Median Gross Rent$1,771/mo
Owner Occupied
49.8%
Renter Occupied
50.2%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$85,279
Poverty Rate

Key Industries

Healthcare17.0%
Professional Services1.0%
Manufacturing0.0%
Retail5.0%
Education2.0%

Amenities & Transit

Transit Score
Walkability / Amenities
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
33.0%
Master's or Higher
18.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 02840?

The total population of ZIP code 02840 is approximately 24,870. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in ZIP code 02840?

The housing market in ZIP code 02840 is predominantly driven by renters, with 50% of housing units being owner-occupied and 50% being renter-occupied.

What is the education level of residents in ZIP code 02840?

In ZIP code 02840, approximately 33% of adult residents hold a bachelor's degree or higher. Additionally, 18% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.