HousingHandbookReference data

U.S. ZIP Code · RI02888

Kent County · Providence-Warwick, RI-MA

Typical home value

$411,059[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.3%
5-year / yr
+7.3%
10-year / yr
+8.1%

Relative price

vs U.S.
+44.7%
vs metro
-20.9%
vs state
-19.8%
ZIP 02888 location in RI
Location of ZIP 02888 in RI

Price history

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

The typical home in 02888 is worth $411,059 — 20.9% below the Providence-Warwick, RI-MA median. Over the past year, values have risen 3.3%. The effective property tax rate is 1.2%.

#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
1.2%[3]
Typical annual tax
$5,066[3]

#Climate risk

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

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

#Who lives here

Population
19,134[3]
Median household income
$91,867[3]

#Migration

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

Net migration
+311[5]
Moved in
5,091
Moved out
4,780

Schools

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

Public schools
5
Elementary
3
Middle
0
High
1
  • Pilgrim High School

    High · Grades 9–12 · Warwick

    1,165 students

  • Wyman School

    Elementary · Grades K–5 · Warwick

    285 students

  • Holliman School

    Elementary · Grades K–5 · Warwick

    258 students

  • Norwood School

    Elementary · Grades K–5 · Warwick

    257 students

  • Warwick Early Learning Center

    Prekindergarten · Grades PK · Warwick

    162 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$2,079
Loan principal$328,847
Down payment$82,212
Total interest paid$419,426

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$2,842
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
73rd percentile[1]
Rental yield
[2]
Property tax
75th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 02888?
The typical home in 02888 is worth $411,059, based on the Zillow Home Value Index.
Are home values rising in 02888?
Home values in 02888 are up 3.3% over the past year, and up 7.3% a year over five years.
What is the property tax rate in 02888?
The effective property tax rate in 02888 is 1.2% — roughly $5,066 a year on a typical home.
Who lives in 02888?
ZIP code 02888 has a population of 19,134 and a median household income of $91,867.

#Comparable ZIPs

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

  • Warwick, RI

    Typical home
    $411,505
    Gross yield
    7.1%
  • Providence, RI

    Typical home
    $414,853
    Gross yield
    6.5%
  • Cranston, RI

    Typical home
    $405,839
    Gross yield
    6.1%
  • Providence, RI

    Typical home
    $418,322
    Gross yield
    5.3%
  • RI

    Typical home
    $402,801
    Gross yield
    5.5%
  • Providence, RI

    Typical home
    $420,785
    Gross yield
    5.3%

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