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, RI

ZIP 02806 — Housing & Real Estate

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

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02806

Median Home Value
$591,700
Median Rent
$1,632
Affordability Snapshot
$163,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,801/mo PITI).

13%
Rent-to-Income Ratio

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

3.9x
Home Price-to-Income Ratio

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

30.2 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 02806 in RI, a household would need roughly $163,000 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 $3,801. That is roughly in line with the local median household income ($150,542). 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
89.0%+36% vs US avg
x
Vacancy Rate
5.7%-44% vs US avg
x
Broadband Access
96.4%+11% vs US avg
x
4+ Bedrooms
5.3%-64% vs US avg
x
Built Pre-1939
6.5%-50% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
18.4%-63% vs US avg
x
Mortgage-Free
28.4%-26% vs US avg
x
$591,700
Home Value
$1,632
Rent
1956
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached93.1%
  • 1-unit attached0.6%
  • 2-9 units3.5%
  • 10+ units2.8%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$591,700
Median rent$1,632
Owner-occupied89.0%
Vacant5.7%
Price-to-income3.9x
Est. income to buy$163,000