Zip Code
02840
City
Newport, RI
Population & Migration
What is the forecasted population for Zip code 02840 Newport, RI?
- Population census 2020
- 22,976
- Forecasted population 2025
- 23,520
- 2.4% vs. 2020
- Forecasted population 2030
- 23,715
- 3.2% vs. 2020
Zip code 02840 Newport, RI population is forecasted to decrease 2.4% by 2025 (-2.3 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 23,520 people for 2025 zip code 02840 Newport, RI will generate a good demand for housing, which is expected to have a deficit of 420 houses for 2030. Vacancy rate is 13.1 points above national US average.
- Total homes available 2020
- 13,080
- Estimated total home demand in 2030
- 13,500
- Total homes balance inventory
- 420
Average Household Income in zip code 02840 Newport, RI
from Internal Revenue Service
- Average household income in 2021
- $112,478
Affordability
- Affordability Index
- 7
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 02840 Newport, RI?
County total number of drinking water violations
150
-34%
226
County total number of drinking water contaminations
36
+57%
23
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