02831 ZIP Code – Hope, Rhode Island

02831 is a ZIP code serving Hope, Rhode Island in Providence County with a population of approximately 3,840 residents. The median household income of $129,122 is above the Rhode Island average and well above the national average. Homes in this ZIP code have a median value of $412,600, well above the national average, with 95.0% owner-occupied housing (increasing). , with median rent coming in at $1,668 — well above the national figure. Housing consists of 93% single-family (increasing), 7% duplex/multi-family.

Unemployment stands at 0.2%, which is well below the U.S. rate. The poverty rate is 6.1%, well below the national average. An estimated 32.0% of adults hold a bachelor's degree or higher, above the national average. Residents have a median age of 40.6, near the U.S. median. Nearby ZIP codes include 02823, 02921, 02816.

ZIP Code 02831 Data

Population 3,840
Median Household Income $129,122
Median Home Value $412,600
Median Rent $1,668
Median Age 40.6
Unemployment Rate 0.2%
Poverty Rate 6.1%
Bachelor's Degree or Higher 32.0%
State Rhode Island

ZIP 02831 vs. Rhode Island vs. U.S.

MetricZIP 02831RI Avg.U.S. Avg.
Population3,84013k10k
Median Household Income$129k$92k$73k
Median Home Value$412k$382k$258k
Median Rent$1,668$1,325$1,088
Median Age40.643.043.2
Unemployment Rate0.2%4.6%5.0%
Poverty Rate6.1%9.2%13.3%
Bachelor's Degree or Higher32.0%40.1%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
02823 FISKEVILLE 17 Not provided
02921 CRANSTON 12,205 $123,066
02816 COVENTRY 33,148 $94,026
02815 CLAYVILLE 134 $201,500
02893 WEST WARWICK 30,909 $71,851