The 02840 ZIP Code is primarily associated with Newport, RI in Newport County in the United States. The current population estimate is 23,112. An estimated 23.2% of residents in the 02840 ZIP Code are of age 62 years and older. Overall, the region has a median age of 37.0 years. Approximately 51.5% of residents in this Rhode Island region have a bachelor's degree or higher, and the per capita income is an estimated $44,834. Approximately 10% of the population lives below the poverty line, while the median househould income sits at $66,805.
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The median household income in ZIP Code 02840 is $66,805, while the region's mean household income is $97,912. Breaking income down further, per capita income in the region is $44,834. The per capita income in ZIP Code 02840 of $44,834 is approximately 24.12% more than the per capita income in Rhode Island overall of $36,121. An estimated 10.4% of the population is living below the poverty line in this region. This rate is approximately9.47% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 17.0% of the population in 02840 earn $100,000 to $149,999 per year, while an estimated 14.3% earn $50,000 to $74,999 per year, and 6.2% of 02840 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 7.1% |
| $10,000 to $14,999 per year | 6.2% |
| $15,000 to $24,999 per year | 7.7% |
| $25,000 to $34,999 per year | 9.7% |
| $35,000 to $49,999 per year | 9.4% |
| $50,000 to $74,999 per year | 14.3% |
| $75,000 to $99,999 per year | 11.3% |
| $100,000 to $149,999 per year | 17.0% |
| $150,000 to $199,999 per year | 9.1% |
| $200,000 or more per year | 8.1% |
In ZIP Code 02840, 93.8% of the population graduated high school, while 51.5% have a bachelor's degree or higher. In this region, 2.6% achieved an education level less than 9th grade, while 20.6% hold a graduate or professional degree. Approximately 20.6% in this Newport County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 2.6% |
| 9th to 12th grade, no diploma | 3.6% |
| High school graduate (includes equivalency) | 20.6% |
| Some college, no degree | 16.5% |
| Associate's degree | 5.2% |
| Bachelor's degree | 30.9% |
| Graduate or professional degree | 20.6% |
Looking at race in the population that makes up ZIP Code 02840, 96.5% is one race, while 3.5% are two or more races. Approximately 9.7% of 02840 residents are hispanic or Latino (of any race). The most common race in 02840 (race alone or in combination with one or more other races), is White (87.4%), followed by Black or African American (9.5%) .
| Industry | Percent |
|---|---|
| White | 87.4% |
| Black or African American | 9.5% |
| American Indian and Alaska Native | 2.7% |
| Asian | 2.4% |
| Native Hawaiian and Other Pacific Islander | 0.6% |
| Some other race | 1.7% |
In ZIP Code 02840, 88.2% of the population lists "English only" as the language spoken in home, while 5.9% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 4.5% of homes, and other Indo-European languages are spoken in 1.0% of homes. Lastly, 0.5% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Newport County region.
| Language Spoken | Percent |
|---|---|
| English only | 88.2% |
| Spanish | 5.9% |
| Other Indo-European languages | 4.5% |
| Asian and Pacific Islander languages | 1.0% |
| Other languages | 0.5% |
The median home value in ZIP Code 02840 in January 2025 comes in at $935,473. The January 2025 value is approximately 2% higher than the $915,384 median value in August 2024, and 3% higher than the $904,393 median value in February 2024. Regarding the age of homes in ZIP Code 02840, an estimated 54.0% of homes were built in 1939 or earlier. Additionally, 8.0% of homes in the region were built between 1950 and 1959, while an estimated 0.5% of homes were built in 2014 or later in this Newport County region.
| Month | Home value |
|---|---|
| Jan 2025 | $935,473 |
| Dec 2024 | $930,191 |
| Nov 2024 | $927,375 |
| Oct 2024 | $924,923 |
| Sep 2024 | $920,538 |
| Aug 2024 | $915,384 |
| Jul 2024 | $913,798 |
| Jun 2024 | $914,543 |
| May 2024 | $915,472 |
| Apr 2024 | $912,249 |
| Mar 2024 | $907,969 |
| Feb 2024 | $904,393 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.5% |
| Built between 2010 and 2013 | 0.6% |
| Built between 2000 and 2009 | 4.6% |
| Built between 1990 and 1999 | 4.9% |
| Built between 1980 and 1989 | 7.2% |
| Built between 1970 and 1979 | 7.5% |
| Built between 1960 and 1969 | 7.2% |
| Built between 1950 and 1959 | 8.0% |
| Built between 1940 and 1949 | 5.4% |
| Built in 1939 or earlier | 54.0% |
Residents of ZIP Code 02840 are younger than average. The median age of 37.0 years in ZIP Code 02840 is approximately 2.89% lower than the overall median age in the U.S. of 38.1 years. About 84.9% of residents are aged 18 years and older, and 23.2% of residents are 62 years and over. Approximately 17.4% of the population in 02840 falls in the age group 25 to 34 years, while an estimated 11.8% are aged 65 to 74 years. On the low end of the scale, 2.8% of 02840 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 5.2% |
| 5 to 9 years | 3.7% |
| 10 to 14 years | 3.8% |
| 15 to 19 years | 7.6% |
| 20 to 24 years | 8.8% |
| 25 to 34 years | 17.4% |
| 35 to 44 years | 10.7% |
| 45 to 54 years | 11.2% |
| 55 to 59 years | 5.9% |
| 60 to 64 years | 6.0% |
| 65 to 74 years | 11.8% |
| 75 to 84 years | 5.1% |
| 85 years and over | 2.8% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 02840 is current access to health insurance, as an estimated 93.9% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 02840 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 93.9% |
| Risk Behavior | Percent of adults* |
|---|
Regarding solar power potential, ZIP Code 02840 has an average daily solar radiation level of 4.86 kWh/m2/day. This is approximately 17.96% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 26.25% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 02840 | 14.24¢/kWh | 8.1¢/kWh | 5.25¢/kWh |
| Rhode Island | 28.3¢/kWh | 22.43¢/kWh | 19.53¢/kWh |
| United States | 18.07¢/kWh | 14.06¢/kWh | 9.02¢/kWh |
| Month | ZIP Code 02840 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.91 | 1.9 | 5.84 |
| Feb | 4.74 | 3 | 6.31 |
| Mar | 5.08 | 3.65 | 7.02 |
| Apr | 5.09 | 5.13 | 7.3 |
| May | 5.18 | 5.17 | 7.13 |
| Jun | 5.56 | 5.72 | 6.95 |
| Jul | 5.96 | 6.22 | 6.51 |
| Aug | 5.74 | 6.08 | 6.65 |
| Sep | 5.61 | 5.15 | 7.02 |
| Oct | 4.58 | 3.32 | 6.92 |
| Nov | 3.76 | 2.33 | 5.99 |
| Dec | 3.09 | 1.78 | 5.46 |
In 02840, 65.7% of the population is in the labor force. Recent estimates place 6.8% as working from home, while the total labor force in the region has a mean travel to time to work of 19.2 minutes. Approximately 28.0% of the employed population 16 years and over in 02840 work in educational services, and health care and social assistance, while an estimated 20.2% work in arts, entertainment, and recreation, and accommodation and food services. On the lower end of the scale, just 0.6% of 02840 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.6% |
| Construction | 4.8% |
| Manufacturing | 5.7% |
| Wholesale trade | 2.2% |
| Retail trade | 7.1% |
| Transportation and warehousing, and utilities | 2.8% |
| Information | 1.4% |
| Finance and insurance, and real estate and rental and leasing | 6.9% |
| Professional, scientific, management, and administrative | 10.1% |
| Educational services, and health care and social assistance | 28.0% |
| Arts, entertainment, and recreation, and accommodation and food services | 20.2% |
| Other services, except public administration | 5.2% |
| Public administration | 5.0% |