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RI area data

Providence, RI

Aggregated across 5 ZIP codes in Providence.

Population: 85,477 (Census ACS)

The median home value in Providence, RI is $562,606 — up 2.4% over the past year. Homes sell for a median $526,667 after a median 41 days on market. Typical rent runs $2,402/month. 23 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coldwave, heatwave, icestorm the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$562,606

Median home value

+2.4%

1-year change

41

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$562,606
1-year appreciation
+2.4%
3-year appreciation
+16.3%
5-year appreciation
+33.9%
10-year appreciation
+100.8%
All-time peak (2025-10)
$563,606
House Price Index (state)
428.0 (+4.1% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$526,667
Median list price
$506,333
Median price per sqft
$391
1-year sale-price change
+2.8%
Median days on market
41 days
Homes sold (recent period)
38
For-sale inventory
136
Sale-to-list ratio
100.0%
Active listings
37
1-year forecast
+2.4%
Days to pending
24 days
New listings (monthly)
57

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,402/mo
1-year rent change
+4.7%
Studio fair-market rent
$1,207/mo
1BR fair-market rent
$1,509/mo
2BR fair-market rent
$1,921/mo
3BR fair-market rent
$2,498/mo
4BR fair-market rent
$2,882/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
100.3 (100 = US avg)
Electricity rate (state-level)
29.5¢/kWh
Natural gas rate (state-level)
$21.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
23
Elementary schools
8
Middle schools
3
High schools
11
Charter schools
8
School districts serving the area
Urban Collaborative, Trinity Academy for the Performing Arts, Rhode Island Nurses Institute Middle College
Schools include
Urban Collaborative Program, Trinity Academy Performing Art, RINI Middle College, Sheila Skip Nowell, Village Green Virtual

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
coldWave, heatWave, iceStorm, inlandFlooding, lightning
Notable hazard ratings (county)
coastalFlooding: Relatively Low · coldWave: Relatively High · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively High
FEMA flood zone (varies by location)
includes C
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 18% of US counties
Buildings in wildfire direct-exposure zone
16.9%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Centredale Manor Restoration Project (2.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
52.3°F
Average high
61.6°F
Average low
43.1°F
Annual precipitation
53.3 in
Annual snowfall
32.5 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
43
Days with Good air quality
247
Days with Moderate air quality
116
Highest AQI recorded (year)
104

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
17.2 / 20
Transit service frequency
175
Jobs reachable by car (30 min)
138,561
Jobs reachable by transit (45 min)
132,952

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
75
Nearest national park
Roger Williams National Memorial (1 mi)
National parks include
Roger Williams National Memorial, Blackstone River Valley National Historical Park, Touro Synagogue National Historic Site
Airports within 30 mi
113
Nearest airport
North Central State Airport (SFZ) (6 mi)
Nearest major airport
Rhode Island T. F. Green International Airport (PVD) (7 mi)
Hospitals nearby (~15 mi)
29
Hospitals include
STURDY MEMORIAL HOSPITAL, ARBOUR-FULLER HOSPITAL, SAINT ANNE'S HOSPITAL
Avg hospital rating (CMS)
3.3 / 5
Best hospital rating nearby (CMS)
4.2 / 5
EV charging stations (within 10 mi)
119
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-1,506 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,943
Housing built before 1970
56.8%
Housing built 2000 or later
6.4%
Median annual property tax
$5,136
Mean commute to work
19 min
Households with broadband internet
46.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
249,035
Average weekly wage
$1,251
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
223

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ProvidenceState medianUS median
Median home value$562,606$517,445$289,727
Median sale price$526,667$551,000$325,000
Median days on market41 days34 days51 days
Typical rent$2,402/mo$2,126/mo$1,808/mo
Median annual property tax$5,136$4,962$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Providence, RI?
$562,606.
What is the median sale price in Providence, RI?
$526,667.
How long do homes take to sell in Providence, RI?
Median days on market: 41 days.
What is typical rent in Providence, RI?
Typical rent: $2,402/month.
What is the natural-hazard risk in Providence, RI?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coldWave, heatWave, iceStorm, inlandFlooding, lightning.
Is Providence, RI in a flood zone?
Minimal (FEMA NFIP). Parts of the area include FEMA flood zone C; zones vary by location within the city.
What is the wildfire risk in Providence, RI?
Risk to homes is higher than 18% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Providence, RI?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Providence, RI?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Centredale Manor Restoration Project, 2.7 mi.
How many schools serve Providence, RI?
23 schools (8 elementary, 3 middle, 11 high) (NCES, 2022-23).
Is Providence, RI walkable?
Walkability index: 17.2/20 (EPA Smart Location Database).
What is the air quality in Providence, RI?
Good. Median AQI: 43. (EPA AQI).
What is the cost of living in Providence, RI?
Regional Price Parity: 100.3 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP codes in Providence

Selling a home in Providence, RI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents