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ZipNumbers

Newport County · Rhode Island

ZIP code 02842

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 02842 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
16,920

ZCTA residents

Median income
$97,650

Household, past 12 months

Median home
$536,600

Owner-occupied value

Sales tax
7%

Rhode Island state rate

Quick answer

ZIP 02842 sits in Newport County, Rhode Island and is home to 16,920 people. Median household income is $97,650, the median home is worth $536,600 and median gross rent is $1,906. 58.7% of households own their home, and purchases are taxed at 7% (Rhode Island state rate).

County
Newport County

FIPS 44005

State
Rhode Island (RI)

81 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 02842

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
16,920ZIP 02842 residents
Median household income
$97,650Past 12 months, inflation adjusted
Median home value
$536,600Owner-occupied units
Median gross rent
$1,906Rent plus utilities, monthly
Median age
44.2 yrsAll residents
Homeownership rate
58.7%Owner-occupied households

Sales tax in 02842

What a purchase inside this ZIP costs at checkout.

Rate applied
7%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$70Before any exemptions

Rhode Island levies 7% statewide with no local add-ons. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
23%Median rent ÷ median income
Price-to-income
5.5×Home value ÷ household income
Est. mortgage
$2,784/mo20% down, 30-yr at 6.75%
Poverty rate
10%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 02842 compares

ZIP 02842 against the median ZIP in Newport County and across Rhode Island.

MeasureZIP 02842County medianState medianvs state
Median household income$97,650$119,135$97,650even
Median home value$536,600$539,700$378,000+42%
Median gross rent$1,906$1,758$1,282+49%
Population16,92010,9038,095+109%

Medians are computed across the 8 ZIP areas in Newport County and the 81 ZIP areas in Rhode Island.

Statewide rank

Where this ZIP places among all 81 Rhode Island ZIP areas.

Income

richer than 49% of 71 state ZIPs

#36
Home value

above 85% of 72 state ZIPs

#11
Population

larger than 63% of 81 state ZIPs

#30

Comparable ZIP codes

Rhode Island ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
02816Kent County$97,941$317,400$1,168
02916Providence County$96,293$360,400$1,267
02809Bristol County$96,005$447,500$1,352
02882Washington County$95,794$686,000$1,661
02878Newport County$99,542$367,400$1,228
02828Providence County$94,746$400,900$999

Nearby ZIP codes

Other ZIP codes filed under Newport County.

ZIP 02842 questions

Common questions about this ZIP code.

Where is ZIP code 02842?
ZIP 02842 lies mostly in Newport County, Rhode Island. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 02842?
Rhode Island charges 7% statewide.
Is 02842 expensive to live in?
Median rent runs $1,906 a month, about 23% of median household income, and the median home is worth $536,600+42% against the typical Rhode Island ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 02842, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.