Correct proper right here Are The Most Costly ZIP Codes In Rhode Island, From Zillow Information
The Beakers is an outdated Newport Vanderbilt mansion, an icon of America’s Gilded Age wealth. Actually considered one of many … [+]
We’ve been doing a satisfying tour of New England, analyzing ZIP codes within the case of their dwelling values, and figuring out which ZIP codes contained in the state are the most expensive. Not too manner again, we took a have a look on the most costly ZIP codes in Connecticut, Maine, and Vermont. This time spherical, we’ll check out Rhode Island’s costliest ZIP codes.
Research on to hunt out out the most expensive ZIP codes in Rhode Island in 2025, based mostly on knowledge 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 most expensive, 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 the nation, and for this iteration, we’re specializing throughout the 69 ZIP codes that Zillow tracks dwelling worth 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 method to buy a further 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 the entire island, unsurprisingly contemplating ZIP codes are for capabilities of the Postal Service. House 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 increased 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 each little factor of Conanicut Island in Narragansett Bay. This ZIP code is simply west of Newport, all by the Claiborne Pell/Newport Bridge. Incomes listed beneath are excessive, with 33.9% of households incomes $200,000 or further per yr. The median family earnings is $141,442, whereas the on a regular basis family earnings is $182,060. House values correct proper right here rose by near two-thirds: From $641,615 in December 2019, the median dwelling worth soared as loads 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 loads as a result of the Massachusetts border. There are increased than 1,500 households on this ZIP code. Bigger than 1 / 4 of them earn $200,000 or further per yr. The median family earnings in 02837 is $129,750. The widespread family earnings is noticeably elevated, at $209,440. House worth appreciation correct proper right here was larger than contained in the No. 2 costliest ZIP code. From a median of $527,064 in December 2019, dwelling values rocketed by 73.9%, to realize $916,531 by December 2024. An vital 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. House worth progress was substantial, although not as fairly a bit as contained in 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 contained in the south to Bonnet Shores contained in the North. The median family earnings in ZIP code 02882 is $95,794, whereas the on a regular basis family earnings is $116,579. House values grew immensely correct proper right here over the previous 5 years. The median dwelling worth in December 2019 was $474,217, before it rose by 69.3%, reaching $802,727 in December 2024. As rapidly as as quickly as further, essential year-over-year progress in dwelling values was from December 2020 to December 2021 — $529,385 to $641,200.