Housing Insights for ZIP Code 02806 (Barrington, RI)

Housing Summary for ZIP Code 02806

Homeowners

The median home value in ZIP Code 02806 (Barrington, RI) is $432,800. Approximately 88.7% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.6%.

The average occupancy of owner-occupied units in ZIP Code 02806 is 2.75 occupants, while owner-occupied units have an aggregate average size of 3.26 bedrooms per housing unit.

Renters

In the 02806 ZIP Code, an estimated 11.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 2.9%.

Among renter-occupied units in this ZIP, the average occupancy is 2.00 occupants, while renters in this Bristol County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 02806

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 02806.

ZIP 02806 Rhode Island U.S.
Median Home Value $432,800 $468,795 $361,498
Owner-Occupied Housing Units 88.7% 60.8% 64.0%
Homeowner Vacancy Rate 0.6% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.75 2.63 2.70
Average # of Bedrooms Per Unit 3.26 2.55 2.75
Median Housing Rent $0 $1,004 $1,062
Renter-Occupied Housing Units 11.3% 39.2% 36.0%
Rental Vacancy Rate 2.9% 5.7% 6.0%
Average Size of Renter-Occupied Unit 2.00 2.23 2.49
Percent of Income Spent on Rent 0% 29.52% 29.83%

Home Values in ZIP Code 02806 (Barrington, RI)

The median home value in ZIP Code 02806 is $432,800. That median value is about 65% higher than the median home value of $261,900 in Rhode Island overall, and is 99% higher than the $217,500 the median home value in the entire U.S. In ZIP Code 02806, approximately 42.1% of homes are valued $300,000 to $499,999. That is 53% higher than in Rhode Island, in which 27.5% of homes are valued at $300,000 to $499,999, and is about 118% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 02806 homes fall into is $100,000 to $149,999 (0.1% of homes).

Home Values in ZIP Code 02806

This chart visualizes the breakdown of home values in ZIP Code 02806, Rhode Island, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 02806 vs. home values in both the state of Rhode Island and in the U.S. overall.

Home Values in ZIP Code 02806

See the table below for a regional comparison of home values in ZIP Code 02806.

Home Value ZIP 02806 Rhode Island U.S.
Less than $50,000 1.2% 2.3% 6.9%
$50,000 to $99,999 0.3% 2.0% 12.0%
$100,000 to $149,999 0.1% 7.0% 13.3%
$150,000 to $199,999 2.0% 16.6% 14.0%
$200,000 to $299,999 16.6% 33.2% 19.6%
$300,000 to $499,999 42.1% 27.5% 19.3%
$500,000 to $999,999 29.6% 9.5% 11.4%
$1,000,000 or more 8.1% 2.0% 3.4%

Home Ages in ZIP Code 02806 (Barrington, RI)

Approximately 25.4% of homes in this Barrington, RI region were built in 1950 to 1959. This amount of homes built in 1950 to 1959 in ZIP Code 02806 is about 107% higher than percentage of homes built in this time period in Rhode Island overall (12.3% of homes), and is 147% higher the percentage (10.3% of homes) in the U.S. as a whole. Additionally, an esimated 23.4% of local homes were built in 1939 or earlier. On the other end of the scale, just 0.6% of homes in this Bristol County ZIP Code were built in 2014 or later in ZIP Code 02806. In comparison, 0.7% of homes in Rhode Island overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 02806

A detailed regional comparison of home ages in ZIP Code 02806.

Year Built ZIP 02806 Rhode Island U.S.
2014 or later 0.6% 0.7% 2.5%
2010 to 2013 1.3% 0.9% 2.7%
2000 to 2009 3.9% 6.1% 14.0%
1990 to 1999 7.5% 7.6% 13.9%
1980 to 1989 5.8% 11.3% 13.4%
1970 to 1979 7.8% 12.1% 15.2%
1960 to 1969 15.8% 11.6% 10.6%
1950 to 1959 25.4% 12.3% 10.3%
1940 to 1949 8.6% 7.1% 4.9%
1939 or earlier 23.4% 30.4% 12.6%

Age of Homes in ZIP Code 02806

See the chart below for details on the age of homes in ZIP Code 02806, Rhode Island, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 02806

Frequently asked questions about housing in this Barrington, RI ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 02806.

1

What is the average home value ZIP Code 02806?

The median home value in ZIP Code 02806 (Barrington, RI) is $432,800.
2

Are homes expensive in ZIP Code 02806?

The median home value in 02806 ($432,800) is an estimated 65% higher than the aggregate median value of $261,900 in Rhode Island, and is 99% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 02806?

The vacacy rate for owner-occupied housing in ZIP Code 02806 is 0.6%. This rate is 65% lower than the overall Rhode Island owner-occupied vacancy rate of 1.7%. Additionally, the 02806 vacancy rate is 63% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 02806 have older homes or newer construction?

In ZIP Code 02806, about 25.4% of homes were built in 1950 to 1959. That time range includes the most home construction. Also, 23.4% of homes in the region were built in 1939 or earlier. In contrast, 0.6% of homes in 02806 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 02806? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 02806 than renter-occupied housing. Owner-occupied units make up 88.7% of housing, compared to 11.3% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 02806?

The vacacy rate for rental units in ZIP Code 02806 is 2.9%. This rate is 49% lower than the overall Rhode Island vacancy rate of 5.7%. Additionally, the 02806 vacancy rate is 52% lower than the entire U.S. vacancy rate of 6.0%.