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ZIP Code 02840

Newport, Rhode Island

ZCTA 02840

Juniper

ZIP Code 02840 is in the lowest 2% nationally for FEMA risk score. It also sits in the highest 3% nationally for home price growth over five years. And it sits in the highest 3% nationally for home price against income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$987,650

Higher than 96% of U.S. ZIP codes
Home Price Growth, Past Five Years

83%

Higher than 97% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

10.3

Lower than 98% of U.S. ZIP codes

The boundary of ZIP Code 02840, in Newport, Rhode Island.

The basics

Total Population

23,448

Median Age

40.3

Population Density

3,221.73

Home values & property tax

Median Property Tax

$5,264

Property Tax Rateyearly tax as a share of home value

0.7%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

8.66×

Higher than 97% of U.S. ZIP codes
Median Income

$86,250

Higher than 69% of U.S. ZIP codes
Median Rent

$1,695

Higher than 84% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

7.6%

Higher than 79% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

59%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

20%

Climate & weather

Summer Avg High (°F)

75.7

Winter Avg Low (°F)

26.8

Avg Temperature (°F)

51.6

Hot Days/yr (>90°F)

1.5

Freezing Days/yr (<32°F)

89

Annual Precipitation (in)

47.5

Annual Snowfall (in)

26

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.04

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 02840: frequently asked questions

What is the typical home value in ZIP Code 02840?
The estimated median home value in ZIP Code 02840 today is $987,650, higher than 96% of U.S. ZIP codes.
How much is property tax in ZIP Code 02840?
The median annual property tax in ZIP Code 02840 is $5,264, an effective rate of 0.7% of home value.
Is ZIP Code 02840 expensive to live in?
Homes in ZIP Code 02840 cost about 8.66× the median household income, higher than 97% of U.S. ZIP codes.
What is the average rent in ZIP Code 02840?
The median gross rent in ZIP Code 02840 is $1,695 a month, higher than 84% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 02840?
Home prices in ZIP Code 02840 have moved 83% over the past five years (7.6% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 02840?
ZIP Code 02840 has a population of 23,448, about 3,221.73 people per square mile, per the U.S. Census American Community Survey. The median age is 40.3.
What is the weather like in ZIP Code 02840?
ZIP Code 02840 averages 51.6°F year-round, summer highs near 75.7°F, winter lows around 26.8°F (NOAA 1991–2020 normals). It sees about 26 inches of snow a year.
Is ZIP Code 02840 at risk of flooding or natural disasters?
ZIP Code 02840's FEMA National Risk Index score is 10.3 (lower than 98% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0.04 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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