HousingHandbookReference data

U.S. ZIP Code · RI02859

Providence County · Providence-Warwick, RI-MA

Typical home value

$467,476[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.1%
5-year / yr
+6.6%
10-year / yr
+7.6%

Relative price

vs U.S.
+64.6%
vs metro
-10.0%
vs state
-8.8%
ZIP 02859 location in RI
Location of ZIP 02859 in RI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 02859 is worth $467,476 — 10.0% below the Providence-Warwick, RI-MA median. Over the past year, values have risen 5.1%. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.1%[3]
Typical annual tax
$5,008[3]

#Climate risk

FEMA National Risk Index ratings for Providence County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Relatively Low
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
7,018[3]
Median household income
$124,592[3]

#Migration

Household moves in and out of Providence County over a year, from IRS tax-return data.

Net migration
-138[5]
Moved in
14,188
Moved out
14,326

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Steere Farm Elementary School

    Elementary · Grades 2–5 · Burrillville

    272 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,364
Loan principal$373,981
Down payment$93,495
Total interest paid$476,992

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$3,170
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
46th percentile[1]
Rental yield
[2]
Property tax
40th percentile[3]

Frequently asked

How much is a home worth in ZIP code 02859?
The typical home in 02859 is worth $467,476, based on the Zillow Home Value Index.
Are home values rising in 02859?
Home values in 02859 are up 5.1% over the past year, and up 6.6% a year over five years.
What is the property tax rate in 02859?
The effective property tax rate in 02859 is 1.1% — roughly $5,008 a year on a typical home.
Who lives in 02859?
ZIP code 02859 has a population of 7,018 and a median household income of $124,592.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Fall River, MA

    Typical home
    $458,105
    Gross yield
    4.8%
  • Ashaway CDP, RI

    Typical home
    $458,089
    Gross yield
  • RI

    Typical home
    $455,681
    Gross yield
  • Somerset CDP, MA

    Typical home
    $480,154
    Gross yield
  • New Bedford, MA

    Typical home
    $453,815
    Gross yield
    5.1%
  • RI

    Typical home
    $451,291
    Gross yield

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