Correct proper right here Are The Most Costly ZIP Codes In Rhode Island, From Zillow Knowledge
The Beakers is an outdated Newport Vanderbilt mansion, an icon of America’s Gilded Age wealth. Definitely considered one of many … [+]
We’ve been doing a gratifying tour of New England, analyzing ZIP codes with reference to their dwelling values, and figuring out which ZIP codes all through the state are the costliest. Not too means again, we took a have a look on the most costly ZIP codes in Connecticut, Maine, and Vermont. This time spherical, we’ll strive Rhode Island’s costliest ZIP codes.
Research on to hunt out out the costliest ZIP codes in Rhode Island in 2025, primarily based on data from Zillow’s dwelling worth index and the Census Bureau.
The Most Costly ZIP Codes In Rhode Island
To go looking out out which ZIP codes are the costliest, we turned to Zillow’s dwelling worth index and the Census Bureau’s 2023 American Neighborhood Survey. We analyzed 1000’s of ZIP codes all by means of the nation, and for this iteration, we’re specializing throughout the 69 ZIP codes that Zillow tracks dwelling worth data for in Rhode Island.
As a part of our evaluation, we took into consideration the newest month-to-month dwelling values Zillow has — December 2024 — together with the usual of 12 months of median dwelling values from January 2024 to December 2024, as a choice to buy a extra full image.
Beneath are the 15 costliest ZIP codes in Rhode Island.
The Extreme 5 Most Costly ZIP Codes In Rhode Island
The No. 1 costliest ZIP code in Rhode Island is 02807, defending Block Island. This makes full sense on account of that is furthermore the richest place in Rhode Island. This ZIP code is centered on New Shoreham, nonetheless covers your complete island, unsurprisingly contemplating ZIP codes are for capabilities of the Postal Service. Dwelling values correct proper right here didn’t merely admire; they skyrocketed. As soon as extra in December 2019, the median dwelling worth in 02807 was already fairly excessive at $911,482. Over the subsequent 5 years, the median dwelling worth soared by 86.7%, reaching greater than $1.7 million by December 2024. In merely the final word yr alone, the median dwelling worth rose by 6.3%, which is form of a bit for a mere 12 months.
The No. 2 costliest ZIP code in Rhode Island is 02835. It’s centered on Jamestown and covers all of the issues of Conanicut Island in Narragansett Bay. This ZIP code is solely west of Newport, all by means of the Claiborne Pell/Newport Bridge. Incomes listed beneath are excessive, with 33.9% of households incomes $200,000 or extra per yr. The median family earnings is $141,442, whereas the usual family earnings is $182,060. Dwelling values correct proper right here rose by near two-thirds: From $641,615 in December 2019, the median dwelling worth soared as rather a lot as over $1.045 million in December 2024.
The No. 3 costliest ZIP code in Rhode Island — 02837 — is east of Newport, defending Little Compton. This ZIP code runs right as rather a lot as a result of the Massachusetts border. There are greater than 1,500 households on this ZIP code. Bigger than 1 / 4 of them earn $200,000 or extra per yr. The median family earnings in 02837 is $129,750. The frequent family earnings is noticeably elevated, at $209,440. Dwelling worth appreciation correct proper right here was greater than all through the No. 2 costliest ZIP code. From a median of $527,064 in December 2019, dwelling values rocketed by 73.9%, to understand $916,531 by December 2024. A really highly effective year-over-year buy was From $583,112 in December 2020 to $710,897 in December 2021.
The fourth costliest ZIP code in Rhode Island is 02840, which covers southwestern Newport. This ZIP code consists of the well-known hang-out of the Vanderbilts, the Breakers — an icon of the Gilded Age. ZIP code 02840 is to the east of ZIP code 02835. Dwelling worth enchancment was substantial, although not as fairly rather a lot as all through the extreme three costliest ZIP codes. Over the 5 years from December 2019 to December 2024, the median dwelling worth elevated by 58.2%, from $547,602 to $866,061.
The No. 5 costliest ZIP code is 02882, which is centered in town of Narragansett. This ZIP code stretches from Port Judith all through the south to Bonnet Shores all through the North. The median family earnings in ZIP code 02882 is $95,794, whereas the usual family earnings is $116,579. Dwelling values grew immensely correct proper right here over the previous 5 years. The median dwelling worth in December 2019 was $474,217, prior to it rose by 69.3%, reaching $802,727 in December 2024. As shortly as as quickly as additional, essential year-over-year enchancment in dwelling values was from December 2020 to December 2021 — $529,385 to $641,200.