| ZIP Code | 02831 |
|---|---|
| City | Hope |
| State | Rhode Island (RI) |
| County | Providence County |
| Area Code | 401 |
| Elevation | 300 ft |
| Latitude | 41.746418 |
|---|---|
| Longitude | -71.584915 |
| Timezone | New York (DST) |
| FIPS | 44007 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.6 yrs ↓ 12% since 2019 |
|---|---|
| Avg Household Size | 2.77 |
| Below Poverty | 6.1% ▼ 39% below avg |
| College Grads | 50.5% ▲ 30% above avg |
| Unemployment | 0.2% ▼ 96% below avg |
| HS Graduate | 574 (22.3%) |
| Some College | 311 (12.1%) |
| Associates | 389 (15.1%) |
| Bachelors | 472 (18.4%) |
| Graduate Degree | 825 (32.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $135,106 ▲ 77% above avg ↑ 42% since 2019 |
|---|---|
| Median Home Value | $468,600 ▲ 68% above avg ↑ 60% since 2019 |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,723/mo ↑ 20% since 2019 |
| Total Units | 1,360 |
| Vacant Units | 52 |
| Avg HH Size | 2.77 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,360 |
|---|---|
| Vacant | 52 |
| Owner Occupied | 94.7% |
| Renter Occupied | 5.4% |
| Avg HH Size | 2.77 |
ZIP code 02831 is located in Hope, Rhode Island, within Providence County. With a population of 3,665, this is a sparsely populated ZIP code with a middle-aged community — the median age is 40.6 years. Economically, 02831 is a upper-middle-income ZIP code: the median household income of $135,106 is significantly above the national average.
Real estate in ZIP code 02831 represents a premium housing market. The median home value of $468,600 is significantly above the national average. Renters can expect to pay around $1,723 per month in median rent. Homeownership is strong here — 94.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 60% since 2019.
The population of 02831 is primarily White (96.92%). Residents are well-educated — 50.5% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 6.1%. Household income has grown by 42% since 2019.
The unemployment rate in 02831 stands at 0.2%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 89%.
Overall, ZIP code 02831 in Hope, RI is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 3,665 residents, a median household income of $135,106, and a median home value of $468,600, it offers a clear picture of life in this part of Rhode Island.