Providence-Warwick, RI-MA · Rhode Island

Newport County

ZIP 02871

85,095 residents151 permits TTM$100,859 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$559,700

ACS 5-Year

Cap rate proxy

3.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.7%

HUD FMR ÷ ACS HHI

Net migration

+1.68%

IRS SOI

Permits (TTM)

151

Census BPS

Climate risk

36.4

FEMA NRI (0–100)

ZIP 02871

Median home value

Gross yield

Buy Box score

0.3

Section 8 gap

Affordability

P/I: 6.5R/I: 37.6%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown8 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
028780.5
028710.3
028420.2
028370.1
028400.1
028350.0
02841
02872

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Demographics

Owner-occupied

67.4%

Census ACS

Vacancy rate

16.9%

Census ACS

Bachelor's degree +

53.0%

Census ACS

Rent burdened

48.7%

Census ACS (>30% income)

Median age

46.4

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026