ZIP Code 02824 — undefined, RI Demographics & Data

ZIP code 02824 covers RI in Providence County with a population of about 375.

At a glance, the area shows median age of 34.5 versus a U.S. median of about 38.9.

It sits in telephone area code 401; U.S. House district RI-1; the PROVIDENCE - NEW BEDFORD media market.

RI ranks among higher-income / higher-home-value communities on US5 (very high median household income (~$158,438)). Searchers often dig into housing affordability stretch, private schools, and neighborhood comparisons rather than entry-level rentals.

Median household income in ZIP 02824 is about $158,438 — about 111% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 0.0%; unemployment rate near 0.0%; 52.5% of adults with a bachelor’s degree or higher (about 18.8 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Public administration and Healthcare; a mean commute of about 89.0 minutes (U.S. average near 26.8).

Median home value is about $414,100 — about 19% above the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 100.0% (about 34.6 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 02824 in RI, a household would need roughly $114,000 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 $2,660. That sits below the local median household income ($158,438), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for RI as Relatively Moderate (composite score 93.7), which is among the highest nationally. The strongest component scores on US5 are flood (96.6) and hurricane (91.7). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for RI show limited published climate normals on US5.

IRS migration statistics show a net inflow of about 14 for ZIP 02824 (RI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.