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Area data

Providence, RI — ZIP 02908

Population: 39,500 (Census ACS)

Home values & appreciation

Median home value
$423,000
1-year appreciation
+2.4%
3-year appreciation
+16.9%
5-year appreciation
+35.7%
10-year appreciation
+142.0%
All-time peak (2026-07)
$423,000
House Price Index
428.0 (+4.1% YoY)

Market activity

Median sale price
$542,500
Median list price
$562,500
Median days on market
40 days
Sale-to-list ratio
99.8%
Active listings
68
1-year forecast
+2.6%
New listings (monthly)
16

Rents

Typical rent
$2,242/mo
1-year rent change
+5.7%
1BR fair-market rent
$1,509/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
9
Elementary schools
5
Middle schools
1
High schools
2
Charter schools
3

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
coldWave, heatWave, iceStorm, inlandFlooding, lightning
FEMA flood zone
A
Flood risk level
High

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
62.0°F
Average low
44.0°F
Annual precipitation
51.1 in
Annual snowfall
37.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
46
Days with Good air quality
217

Walkability & transit

Walkability index
16.0 / 20
Transit service frequency
300

Amenities

National parks within ~60 mi
15
Nearest national park
Roger Williams National Memorial (2 mi)
Nearest airport
North Central State Airport (SFZ) (6 mi)
Nearest major airport
Rhode Island T. F. Green International Airport (PVD) (8 mi)
Hospitals nearby (~15 mi)
2
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Migration

Net migration
-1,506 tax filers

Housing stock

Median year housing built
1,942
Median annual property tax
$3,811
Mean commute to work
22 min
Households with broadband internet
74.9%

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

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