HousingHandbookReference data

U.S. ZIP Code · RI02873

Washington County · Providence-Warwick, RI-MA

Typical home value

$512,310[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.1%
5-year / yr
+7.8%
10-year / yr
+7.7%

Relative price

vs U.S.
+80.3%
vs metro
-1.4%
vs state
≈ state median
ZIP 02873 location in RI
Location of ZIP 02873 in RI

Price history

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

The typical home in 02873 is worth $512,310 — 1.4% below the Providence-Warwick, RI-MA median. Over the past year, values have risen 5.1%.

#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
[3]
Typical annual tax
[3]

#Climate risk

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

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

#Who lives here

Population
124[3]
Median household income
$46,406[3]

#Migration

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

Net migration
-216[5]
Moved in
3,375
Moved out
3,591

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$2,591
Loan principal$409,848
Down payment$102,462
Total interest paid$522,739

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$3,530
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
87th percentile[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 02873?
The typical home in 02873 is worth $512,310, based on the Zillow Home Value Index.
Are home values rising in 02873?
Home values in 02873 are up 5.1% over the past year, and up 7.8% a year over five years.
Who lives in 02873?
ZIP code 02873 has a population of 124 and a median household income of $46,406.

#Comparable ZIPs

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

  • Somerset CDP, MA

    Typical home
    $512,870
    Gross yield
  • RI

    Typical home
    $513,860
    Gross yield
  • Ocean Grove CDP, MA

    Typical home
    $516,896
    Gross yield
  • RI

    Typical home
    $506,914
    Gross yield
  • Taunton, MA

    Typical home
    $518,042
    Gross yield
    4.6%
  • Valley Falls CDP, RI

    Typical home
    $519,310
    Gross yield
    5.2%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 02873 against any other ZIP — full side-by-side table.

Compare 02873

#Jump to section