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, RI

ZIP 02865 — Housing & Real Estate

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

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02865

Median Home Value
$427,700
Median Rent
$1,049
Affordability Snapshot
$118,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,747/mo PITI).

11%
Rent-to-Income Ratio

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

3.7x
Home Price-to-Income Ratio

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

34.0 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 02865 in RI, a household would need roughly $118,000 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 $2,747. That is roughly in line with the local median household income ($117,042). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
77.0%+18% vs US avg
x
Vacancy Rate
2.5%-76% vs US avg
x
Broadband Access
89.4%+3% vs US avg
x
4+ Bedrooms
6.4%-56% vs US avg
x
Built Pre-1939
3.9%-69% vs US avg
x
Built Post-2014
1.2%-83% vs US avg
x
Rent Burden >30%
19.6%-61% vs US avg
x
Mortgage-Free
39.6%+4% vs US avg
x
$427,700
Home Value
$1,049
Rent
1967
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 detached67.9%
  • 1-unit attached5.7%
  • 2-9 units17.6%
  • 10+ units8.3%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$427,700
Median rent$1,049
Owner-occupied77.0%
Vacant2.5%
Price-to-income3.7x
Est. income to buy$118,000