Correct proper right here Are The Most Expensive ZIP Codes In Rhode Island, From Zillow Data
The Beakers is an outdated Newport Vanderbilt mansion, an icon of America’s Gilded Age wealth. Actually one in all many … [+]
We’ve been doing a nice 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 approach again, we took a have a look on the most expensive ZIP codes in Connecticut, Maine, and Vermont. This time spherical, we’ll check out Rhode Island’s costliest ZIP codes.
Be taught on to hunt out out the costliest ZIP codes in Rhode Island in 2025, based mostly completely on knowledge from Zillow’s dwelling value index and the Census Bureau.
The Most Expensive ZIP Codes In Rhode Island
To hunt out out which ZIP codes are the costliest, we turned to Zillow’s dwelling value 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 inside the 69 ZIP codes that Zillow tracks dwelling value knowledge 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 on a regular basis of 12 months of median dwelling values from January 2024 to December 2024, as a technique to buy a extra full image.
Beneath are the 15 costliest ZIP codes in Rhode Island.
The Extreme 5 Most Expensive 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, however covers the entire island, unsurprisingly contemplating ZIP codes are for options of the Postal Service. Residence values correct proper right here didn’t merely admire; they skyrocketed. As soon as extra in December 2019, the median dwelling value in 02807 was already fairly excessive at $911,482. Over the following 5 years, the median dwelling value soared by 86.7%, reaching higher than $1.7 million by December 2024. In merely the final word yr alone, the median dwelling value 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 the whole thing 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 on a regular basis family earnings is $182,060. Residence values correct proper right here rose by near two-thirds: From $641,615 in December 2019, the median dwelling value soared as so much 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 appropriate as so much as a result of the Massachusetts border. There are higher than 1,500 households on this ZIP code. Greater than 1 / 4 of them earn $200,000 or extra per yr. The median family earnings in 02837 is $129,750. The widespread family earnings is noticeably elevated, at $209,440. Residence value appreciation correct proper right here was larger 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 achieve $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. Residence value enchancment was substantial, although not as hundreds as all through the extreme three costliest ZIP codes. Over the 5 years from December 2019 to December 2024, the median dwelling value 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 on a regular basis family earnings is $116,579. Residence values grew immensely correct proper right here over the previous 5 years. The median dwelling value in December 2019 was $474,217, earlier than it rose by 69.3%, reaching $802,727 in December 2024. As shortly as as quickly as additional, an essential year-over-year enchancment in dwelling values was from December 2020 to December 2021 — $529,385 to $641,200.