02840 ZIP Code – Newport, Rhode Island

Located in Newport, Rhode Island, ZIP code 02840 is a large ZIP code within Newport County with a population of approximately 23,847 residents. At $81,307, the median household income here runs near the Rhode Island average and near the U.S. average. At $622,800, median home values run well above the national average, with 49.8% owner-occupied housing (increasing). ; median rent of $1,526 is similarly above the national average. Housing consists of 46% single-family (increasing), 19% apartments (decreasing), 35% duplex/multi-family.

At 9.9%, the unemployment rate is well above the national figure. The poverty rate is 15.2%, near the national average. 55.1% of adults hold a bachelor's degree or higher, well above the U.S. average. At 39.9, the median age is near the national figure. ZIP codes in the surrounding area include 02841, 02842, 02835.

ZIP Code 02840 Data

Population 23,847
Median Household Income $81,307
Median Home Value $622,800
Median Rent $1,526
Median Age 39.9
Unemployment Rate 9.9%
Poverty Rate 15.2%
Bachelor's Degree or Higher 55.1%
State Rhode Island

ZIP 02840 vs. Rhode Island vs. U.S.

MetricZIP 02840RI Avg.U.S. Avg.
Population23k13k10k
Median Household Income$81k$92k$73k
Median Home Value$622k$382k$258k
Median Rent$1,526$1,325$1,088
Median Age39.943.043.2
Unemployment Rate9.9%4.6%5.0%
Poverty Rate15.2%9.2%13.3%
Bachelor's Degree or Higher55.1%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
02841 NEWPORT 1,240 Not provided
02842 MIDDLETOWN 17,009 $97,555
02835 JAMESTOWN 5,554 $131,875
02874 SAUNDERSTOWN 6,376 $136,473
02871 PORTSMOUTH 17,748 $107,360