Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

ZIP Code 02863, RI

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 02863.

← Back to ZIP Code 02863 Hub

Community Insights

Leading Industries
Healthcare · Finance & Insurance · Information & Media
22% healthcare
Home Value Growth⬆⬆⬆
+32.1% over 2 years
Young Adults
36% of residents
well above average
Renters
74% of occupied units

People & Demographics

Total Population22,686
Households
Under 18
26.0%
Age 18–34
36.0%
Age 35–64
27.0%
Age 65+
11.0%
Veterans
2.0%
Active Duty
0.0%

Housing & Living

Median Home Value$355,176
Median Gross Rent$1,199/mo
Owner Occupied
25.6%
Renter Occupied
74.4%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$49,424
Poverty Rate

Key Industries

Healthcare22.0%
Professional Services0.0%
Manufacturing0.0%
Retail14.0%
Education1.0%

Amenities & Transit

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

Education

High School Grad
Bachelor's Degree
10.0%
Master's or Higher
1.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 02863?

The total population of ZIP code 02863 is approximately 22,686. 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 02863?

The housing market in ZIP code 02863 is predominantly driven by renters, with 26% of housing units being owner-occupied and 74% being renter-occupied.

What is the education level of residents in ZIP code 02863?

In ZIP code 02863, approximately 10% of adult residents hold a bachelor's degree or higher. Additionally, 1% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.