Correct proper right here Are The Most Dear ZIP Codes In Rhode Island, From Zillow Information
The Beakers is an outdated Newport Vanderbilt mansion, an icon of America’s Gilded Age wealth. One among many … [+]
We’ve been doing a satisfying tour of New England, analyzing ZIP codes when it comes to their dwelling values, and figuring out which ZIP codes contained in the state are the costliest. Not too method again, we took a have a look on the most costly ZIP codes in Connecticut, Maine, and Vermont. This time spherical, we are going to check out Rhode Island’s costliest ZIP codes.
Be taught on to hunt out out the costliest ZIP codes in Rhode Island in 2025, based mostly on information from Zillow’s dwelling worth index and the Census Bureau.
The Most Dear ZIP Codes In Rhode Island
To go looking out out which ZIP codes are the costliest, we turned to Zillow’s dwelling worth index and the Census Bureau’s 2023 American Neighborhood Survey. We analyzed 1000’s of ZIP codes all by the nation, and for this iteration, we’re specializing throughout the 69 ZIP codes that Zillow tracks dwelling worth information for in Rhode Island.
As a part of our evaluation, we took into consideration the latest month-to-month dwelling values Zillow has — December 2024 — together with the on a regular basis of 12 months of median dwelling values from January 2024 to December 2024, as an answer to buy a further full image.
Beneath are the 15 costliest ZIP codes in Rhode Island.
The Extreme 5 Most Dear ZIP Codes In Rhode Island
The No. 1 costliest ZIP code in Rhode Island is 02807, defending Block Island. This makes full sense due to that is furthermore the richest place in Rhode Island. This ZIP code is centered on New Shoreham, however covers all of the island, unsurprisingly contemplating ZIP codes are for capabilities of the Postal Service. Residence values correct proper right here didn’t merely admire; they skyrocketed. As soon as extra in December 2019, the median dwelling worth in 02807 was already fairly excessive at $911,482. Over the subsequent 5 years, the median dwelling worth soared by 86.7%, reaching bigger than $1.7 million by December 2024. In merely the final word yr alone, the median dwelling worth rose by 6.3%, which is kind of a bit for a mere 12 months.
The No. 2 costliest ZIP code in Rhode Island is 02835. It’s centered on Jamestown and covers the whole thing of Conanicut Island in Narragansett Bay. This ZIP code is simply west of Newport, all by the Claiborne Pell/Newport Bridge. Incomes listed beneath are excessive, with 33.9% of households incomes $200,000 or further per yr. The median family earnings is $141,442, whereas the on a regular basis family earnings is $182,060. Residence values correct proper right here rose by near two-thirds: From $641,615 in December 2019, the median dwelling worth soared as lots as over $1.045 million in December 2024.
The No. 3 costliest ZIP code in Rhode Island — 02837 — is east of Newport, defending Little Compton. This ZIP code runs appropriate as lots as a result of the Massachusetts border. There are bigger than 1,500 households on this ZIP code. Bigger than 1 / 4 of them earn $200,000 or further per yr. The median family earnings in 02837 is $129,750. The widespread family earnings is noticeably elevated, at $209,440. Residence worth appreciation correct proper right here was greater than contained in the No. 2 costliest ZIP code. From a median of $527,064 in December 2019, dwelling values rocketed by 73.9%, to achieve $916,531 by December 2024. A really highly effective year-over-year buy was From $583,112 in December 2020 to $710,897 in December 2021.
The fourth costliest ZIP code in Rhode Island is 02840, which covers southwestern Newport. This ZIP code consists of the well-known hang-out of the Vanderbilts, the Breakers — an icon of the Gilded Age. ZIP code 02840 is to the east of ZIP code 02835. Residence worth enchancment was substantial, although not as a lot as contained in the extreme three costliest ZIP codes. Over the 5 years from December 2019 to December 2024, the median dwelling worth elevated by 58.2%, from $547,602 to $866,061.
The No. 5 costliest ZIP code is 02882, which is centered in town of Narragansett. This ZIP code stretches from Port Judith contained in the south to Bonnet Shores contained in the North. The median family earnings in ZIP code 02882 is $95,794, whereas the on a regular basis family earnings is $116,579. Residence values grew immensely correct proper right here during the last 5 years. The median dwelling worth in December 2019 was $474,217, prior to it rose by 69.3%, reaching $802,727 in December 2024. As rapidly as as quickly as further, essential year-over-year enchancment in dwelling values was from December 2020 to December 2021 — $529,385 to $641,200.