| ZIP Code | 02840 |
|---|---|
| City | Newport |
| State | Rhode Island (RI) |
| County | Newport County |
| Area Code | 401 |
| Latitude | 41.476681 |
|---|---|
| Longitude | -71.319627 |
| Timezone | New York (DST) |
| FIPS | 44005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.9 yrs ↑ 8% since 2019 |
|---|---|
| Avg Household Size | 2.06 |
| Below Poverty | 14.2% ▲ 42% above avg |
| College Grads | 61.4% ▲ 58% above avg |
| Unemployment | 9.5% ▲ 95% above avg |
| No HS Diploma | 80 (0.5%) |
| HS Graduate | 2,771 (17.4%) |
| Some College | 1,270 (8%) |
| Associates | 2,027 (12.7%) |
| Bachelors | 831 (5.2%) |
| Graduate Degree | 8,945 (56.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $83,515 ▲ 9% above avg ↑ 25% since 2019 |
|---|---|
| Median Home Value | $669,500 ▲ 140% above avg ↑ 49% since 2019 |
| Home/Income Ratio | 8.0x (nat avg ~3.5x) |
| Median Rent | $1,610/mo ↑ 30% since 2019 |
| Total Units | 13,515 |
| Vacant Units | 2,852 |
| Avg HH Size | 2.06 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 13,515 |
|---|---|
| Vacant | 2,852 |
| Owner Occupied | 49.6% |
| Renter Occupied | 50.4% |
| Avg HH Size | 2.06 |
ZIP code 02840 is located in Newport, Rhode Island, within Newport County. With a population of 23,615, this is a moderately populated ZIP code with a middle-aged community — the median age is 39.9 years. Economically, 02840 is a middle-income ZIP code: the median household income of $83,515 is near the national average.
Real estate in ZIP code 02840 represents a premium housing market. The median home value of $669,500 is more than double the national average. Renters can expect to pay around $1,610 per month in median rent. The area has a relatively balanced mix of owners (49.6%) and renters (50.4%). Median home values have increased by 49% since 2019.
The population of 02840 is primarily White (74.38%). Residents are highly educated — 61.4% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects some residents at 14.2%. Household income has grown by 25% since 2019.
The unemployment rate in 02840 stands at 9.5%, which is significantly above the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 64%.
Overall, ZIP code 02840 in Newport, RI is characterized as middle-income, highly educated, and a middle-aged community. With 23,615 residents, a median household income of $83,515, and a median home value of $669,500, it offers a clear picture of life in this part of Rhode Island.