U.S. ZIP Code · RI02894

Price history

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

The typical home in 02894 is worth $494,267 — 4.8% below the Providence-Warwick, RI-MA median. Over the past year, values have risen 2.3%.

#Rent & investment

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

Monthly rent

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Gross yield?Gross yieldAnnual rent (latest ZORI × 12) divided by the typical home value (latest ZHVI). Headline cash-flow proxy; ignores expenses, vacancy, and financing.

—^[2]

Cap rate?Cap rateEstimated net operating income divided by purchase price. Net operating income assumes 40% of gross rent goes to taxes, insurance, repairs, vacancy, and management — the standard rule for single-family rentals.

—^[2]

#Property tax

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

Effective tax rate?Effective tax rateAggregate real estate taxes paid in this ZIP divided by aggregate home value, from the latest Census ACS. Includes every assessment line item — not the headline statutory rate.

—^[3]

Typical annual tax?Typical annual taxThe effective tax rate applied to this ZIP's typical home (latest ZHVI). A rough estimate of what one ZIP-median property would pay annually.

—^[3]

#Climate risk

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

Overall risk?Overall riskFEMA's composite National Risk Index rating, combining every modeled hazard with the area's social vulnerability and community resilience.

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

831^[3]

Median household income

—^[3]

#Migration

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

Net migration?Net migrationTax returns moving in minus tax returns moving out, per year. From IRS Statistics of Income county-to-county migration data. County-level — every ZIP in the county carries the same number.

-216^[5]

Moved in

3,375

Moved out

3,591

Schools

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

Public schools

4

Elementary

0

Middle

1

High

2

• Chariho High School

  High · Grades 9–12 · Chariho

  1,012 students

• Chariho Regional Middle School

  Middle · Grades 5–8 · Chariho

  811 students

• Chariho Alternative Learning A

  Other · Grades 2–12 · Chariho

  72 students

• Chariho Career and Tech Center

  High · Grades 9–12 · Chariho

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#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation?Metro percentileThis ZIP's rank among every ZIP in its metro for five-year price appreciation. 75th percentile means three-quarters of the metro's ZIPs appreciated less.

52nd percentile^[1]

Rental yield

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Property tax

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#Comparable ZIPs

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

• 02832vs 02894 →

  Hope Valley CDP, RI

  Typical home

  $494,694

  Gross yield

  —

• 02916vs 02894 →

  East Providence, RI

  Typical home

  $496,106

  Gross yield

  —

• 02814…

  Chepachet CDP, RI

  Typical home

  $496,166

  Gross yield

  —

• 02833…

  Hopkinton CDP, RI

  Typical home

  $499,893

  Gross yield

  —

• 02898…

  Wyoming CDP, RI

  Typical home

  $487,206

  Gross yield

  —

• 02719…

  MA

  Typical home

  $504,521

  Gross yield

  —

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

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