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, RI

ZIP 02838 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02838

Median Home Value
$327,500
Median Rent
$1,202
Affordability Snapshot
$90,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,104/mo PITI).

18%
Rent-to-Income Ratio

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

4.0x
Home Price-to-Income Ratio

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

22.7 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 02838 in RI, a household would need roughly $90,000 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 $2,104. That is roughly in line with the local median household income ($82,075). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
54.6%-17% vs US avg
x
Vacancy Rate
6.1%-40% vs US avg
x
Broadband Access
90.7%+4% vs US avg
x
4+ Bedrooms
7.1%-52% vs US avg
x
Built Pre-1939
1.0%-92% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
17.8%-64% vs US avg
x
Mortgage-Free
44.4%+16% vs US avg
x
$327,500
Home Value
$1,202
Rent
1973
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached36.8%
  • 1-unit attached5.4%
  • 2-9 units42.1%
  • 10+ units15.7%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$327,500
Median rent$1,202
Owner-occupied54.6%
Vacant6.1%
Price-to-income4.0x
Est. income to buy$90,000