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).
$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)
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
| Providence | State median | US median | |
|---|---|---|---|
| Median home value | $562,606 | $517,445 | $289,727 |
| Median sale price | $526,667 | $551,000 | $325,000 |
| Median days on market | 41 days | 34 days | 51 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
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →