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, RI

ZIP 02809 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02809

Median Home Value
$447,500
Median Rent
$1,133
Affordability Snapshot
$123,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,875/mo PITI).

14%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

32.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 02809 in RI, a household would need roughly $123,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,875. That is about 28% above the local median household income ($96,005), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
69.4%+6% vs US avg
x
Vacancy Rate
12.3%+20% vs US avg
x
Broadband Access
91.8%+5% vs US avg
x
4+ Bedrooms
3.0%-79% vs US avg
x
Built Pre-1939
5.8%-54% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
19.4%-61% vs US avg
x
Mortgage-Free
36.3%-5% vs US avg
x
$447,500
Home Value
$1,133
Rent
1967
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached58.8%
  • 1-unit attached4.1%
  • 2-9 units27.1%
  • 10+ units10.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$447,500
Median rent$1,133
Owner-occupied69.4%
Vacant12.3%
Price-to-income4.7x
Est. income to buy$123,000