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Woonsocket city, RI

ZIP 02895 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 02895

Median Home Value
$267,900
Median Rent
$951
Affordability Snapshot
$74,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,721/mo PITI).

19%
Rent-to-Income Ratio

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

4.6x
Home Price-to-Income Ratio

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

23.5 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 02895 in Woonsocket city, RI, a household would need roughly $74,000 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 $1,721. That is about 26% above the local median household income ($58,579), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
38.2%-42% vs US avg
x
Vacancy Rate
10.1%-2% vs US avg
x
Broadband Access
88.6%+2% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
8.1%-36% vs US avg
x
Built Post-2014
0.3%-96% vs US avg
x
Rent Burden >30%
24.1%-51% vs US avg
x
Mortgage-Free
35.9%-6% vs US avg
x
$267,900
Home Value
$951
Rent
1950
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached25.2%
  • 1-unit attached2.4%
  • 2-9 units56.8%
  • 10+ units15.3%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$267,900
Median rent$951
Owner-occupied38.2%
Vacant10.1%
Price-to-income4.6x
Est. income to buy$74,000