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ZipNumbers

Providence County · Rhode Island

ZIP code 02863

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 02863 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
22,481

ZCTA residents

Median income
$45,921

Household, past 12 months

Median home
$300,500

Owner-occupied value

Sales tax
7%

Rhode Island state rate

Quick answer

ZIP 02863 sits in Providence County, Rhode Island and is home to 22,481 people. Median household income is $45,921, the median home is worth $300,500 and median gross rent is $1,118. 28.6% of households own their home, and purchases are taxed at 7% (Rhode Island state rate).

County
Providence County

FIPS 44007

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 02863

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

Population
22,481ZIP 02863 residents
Median household income
$45,921Past 12 months, inflation adjusted
Median home value
$300,500Owner-occupied units
Median gross rent
$1,118Rent plus utilities, monthly
Median age
31.9 yrsAll residents
Homeownership rate
28.6%Owner-occupied households

Sales tax in 02863

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
29%Median rent ÷ median income
Price-to-income
6.5×Home value ÷ household income
Est. mortgage
$1,559/mo20% down, 30-yr at 6.75%
Poverty rate
22.3%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 02863 compares

ZIP 02863 against the median ZIP in Providence County and across Rhode Island.

MeasureZIP 02863County medianState medianvs state
Median household income$45,921$91,287$97,650-53%
Median home value$300,500$332,200$378,000-21%
Median gross rent$1,118$1,267$1,282-13%
Population22,48111,9968,095+178%

Medians are computed across the 42 ZIP areas in Providence 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 1% of 71 state ZIPs

#70
Home value

above 15% of 72 state ZIPs

#61
Population

larger than 74% of 81 state ZIPs

#21

Comparable ZIP codes

Rhode Island ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
02907Providence County$49,564$311,600$1,136
02905Providence County$57,126$322,700$1,103
02895Providence County$58,579$267,900$1,116
02876Providence County$33,008$1,694
02860Providence County$59,954$287,400$1,112
02914Providence County$60,838$309,600$1,165

Nearby ZIP codes

Other ZIP codes filed under Providence County.

ZIP 02863 questions

Common questions about this ZIP code.

Where is ZIP code 02863?
ZIP 02863 lies mostly in Providence 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 02863?
Rhode Island charges 7% statewide.
Is 02863 expensive to live in?
Median rent runs $1,118 a month, about 29% of median household income, and the median home is worth $300,500-21% 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 02863, 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.