Housing Insights for ZIP Code 02914 (East Providence, RI)

Housing Summary for ZIP Code 02914

Homeowners

The median home value in ZIP Code 02914 (East Providence, RI) is $212,500. Approximately 51.7% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 2.5%.

The average occupancy of owner-occupied units in ZIP Code 02914 is 2.69 occupants, while owner-occupied units have an aggregate average size of 2.36 bedrooms per housing unit.

Renters

In the 02914 ZIP Code, an estimated 48.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 4.6%.

Among renter-occupied units in this ZIP, the average occupancy is 2.05 occupants, while renters in this Providence County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 02914

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 02914.

ZIP 02914 Rhode Island U.S.
Median Home Value $212,500 $468,795 $361,498
Owner-Occupied Housing Units 51.7% 60.8% 64.0%
Homeowner Vacancy Rate 2.5% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.69 2.63 2.70
Average # of Bedrooms Per Unit 2.36 2.55 2.75
Median Housing Rent $0 $1,004 $1,062
Renter-Occupied Housing Units 48.3% 39.2% 36.0%
Rental Vacancy Rate 4.6% 5.7% 6.0%
Average Size of Renter-Occupied Unit 2.05 2.23 2.49
Percent of Income Spent on Rent 0% 29.52% 29.83%

Home Values in ZIP Code 02914 (East Providence, RI)

The median home value in ZIP Code 02914 is $212,500. That median value is about 19% lower than the median home value of $261,900 in Rhode Island overall, and is 2% lower than the $217,500 the median home value in the entire U.S. In ZIP Code 02914, about 48.6% of homes are valued $200,000 to $299,999. That is 46% higher than in Rhode Island, in which 33.2% of homes are valued at $200,000 to $299,999, and is about 148% higher than in the U.S. overall (19.6% of homes valued at $200,000 to $299,999). The home value range that the smallest portion of ZIP Code 02914 homes fall into is $500,000 to $999,999 (0.0% of homes).

Home Values in ZIP Code 02914

This chart visualizes the breakdown of home values in ZIP Code 02914, Rhode Island, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 02914 vs. home values in both the state of Rhode Island and in the U.S. overall.

Home Values in ZIP Code 02914

See the table below for a regional comparison of home values in ZIP Code 02914.

Home Value ZIP 02914 Rhode Island U.S.
Less than $50,000 2.6% 2.3% 6.9%
$50,000 to $99,999 0.7% 2.0% 12.0%
$100,000 to $149,999 10.6% 7.0% 13.3%
$150,000 to $199,999 27.4% 16.6% 14.0%
$200,000 to $299,999 48.6% 33.2% 19.6%
$300,000 to $499,999 9.6% 27.5% 19.3%
$500,000 to $999,999 0.0% 9.5% 11.4%
$1,000,000 or more 0.6% 2.0% 3.4%

Home Ages in ZIP Code 02914 (East Providence, RI)

Approximately 37.3% of homes in this East Providence, RI region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 02914 is about 23% higher than percentage of homes built in this time period in Rhode Island overall (30.4% of homes), and is 196% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 15.9% of local homes were built in 1970 to 1979. On the other end of the scale, just 0.2% of homes in this Providence County ZIP Code were built in 2014 or later in ZIP Code 02914. 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 02914

A detailed regional comparison of home ages in ZIP Code 02914.

Year Built ZIP 02914 Rhode Island U.S.
2014 or later 0.2% 0.7% 2.5%
2010 to 2013 1.7% 0.9% 2.7%
2000 to 2009 0.8% 6.1% 14.0%
1990 to 1999 3.0% 7.6% 13.9%
1980 to 1989 5.1% 11.3% 13.4%
1970 to 1979 15.9% 12.1% 15.2%
1960 to 1969 13.3% 11.6% 10.6%
1950 to 1959 13.4% 12.3% 10.3%
1940 to 1949 9.3% 7.1% 4.9%
1939 or earlier 37.3% 30.4% 12.6%

Age of Homes in ZIP Code 02914

See the chart below for details on the age of homes in ZIP Code 02914, 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 02914

Frequently asked questions about housing in this East Providence, RI ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 02914.

1

What is the average home value ZIP Code 02914?

The median home value in ZIP Code 02914 (East Providence, RI) is $212,500.
2

Are homes expensive in ZIP Code 02914?

The median home value in 02914 ($212,500) is an estimated 19% lower than the aggregate median value of $261,900 in Rhode Island, and is 2% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 02914?

The vacacy rate for owner-occupied housing in ZIP Code 02914 is 2.5%. This rate is 47% higher than the overall Rhode Island owner-occupied vacancy rate of 1.7%. Additionally, the 02914 vacancy rate is 56% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 02914 have older homes or newer construction?

In ZIP Code 02914, about 37.3% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 15.9% of homes in the region were built in 1970 to 1979. In contrast, 0.2% of homes in 02914 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 02914? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 02914 than renter-occupied housing. Owner-occupied units make up 51.7% of housing, compared to 48.3% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 02914?

The vacacy rate for rental units in ZIP Code 02914 is 4.6%. This rate is 19% lower than the overall Rhode Island vacancy rate of 5.7%. Additionally, the 02914 vacancy rate is 23% lower than the entire U.S. vacancy rate of 6.0%.