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Area data

Richmond, RI — ZIP 02892

Population: 5,768 (Census ACS)

Home values & appreciation

Median home value
$606,079
1-year appreciation
+3.7%
3-year appreciation
+15.4%
5-year appreciation
+34.5%
10-year appreciation
+101.6%
All-time peak (2026-07)
$606,079
House Price Index
428.0 (+4.1% YoY)

Market activity

Median sale price
$605,000
Median list price
$669,000
Median days on market
45 days
Sale-to-list ratio
101.7%
Active listings
9
1-year forecast
+2.5%
New listings (monthly)
7

Rents

2-bedroom fair-market rent (HUD reference)
$1,921/mo
3BR fair-market rent
$2,498/mo

Affordability

Cost of living index (Average)
99.0 (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%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
coastalFlooding, hurricane, iceStorm, inlandFlooding, lightning
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
50.5 in

Air quality

Air quality rating
Good
Median AQI (annual)
40
Days with Good air quality
287

Walkability & transit

Walkability index
12.3 / 20
Transit service frequency
341

Amenities

National parks within ~60 mi
4
Nearest national park
Touro Synagogue National Historic Site (15 mi)
Nearest airport
Richmond Airport (1 mi)
Nearest major airport
Quonset State Airport (NCO) (12 mi)
Hospitals nearby (~15 mi)
4
Avg hospital rating
3.8 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-46 tax filers

Housing stock

Median year housing built
1,987
Median annual property tax
$6,272
Mean commute to work
30 min
Households with broadband internet
86.0%

Employment & development

Total county employment
49,172
Average weekly wage
$1,122
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
222

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

Data last updated

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

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