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Pawtucket city, RI

ZIP 02861 — 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 02861

Median Home Value
$285,200
Median Rent
$1,084
Affordability Snapshot
$79,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,832/mo PITI).

16%
Rent-to-Income Ratio

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

3.4x
Home Price-to-Income Ratio

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

21.9 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 02861 in Pawtucket city, RI, a household would need roughly $79,000 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 $1,832. That is roughly in line with the local median household income ($83,044). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
64.6%-1% vs US avg
x
Vacancy Rate
5.6%-46% vs US avg
x
Broadband Access
90.3%+4% vs US avg
x
4+ Bedrooms
1.0%-93% vs US avg
x
Built Pre-1939
14.6%+14% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
24.4%-51% vs US avg
x
Mortgage-Free
31.5%-18% vs US avg
x
$285,200
Home Value
$1,084
Rent
1951
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 detached52.0%
  • 1-unit attached2.9%
  • 2-9 units34.6%
  • 10+ units9.1%
  • Mobile home & other1.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$285,200
Median rent$1,084
Owner-occupied64.6%
Vacant5.6%
Price-to-income3.4x
Est. income to buy$79,000