ZIP Code 02831
standardSource:
Hope · Providence County · Rhode Island
- Population
- 3,515
- Median income
- $137,181
- Median home value
- $462,200
- Bachelor's or higher
- 30.9%
- Land area
- 24.9 sq mi
141/sq mi
▲ 80% vs US
higher than 94% of US ZIPs
▲ 66% vs US
higher than 85% of US ZIPs
Median age 41.1
New York
ZIP code 02831 in Hope, Rhode Island has a population of 3,515. The median household income is $137,181, which is 80% above the national average. Median home value is $462,200, 66% above the US average. 30.9% of residents hold a bachelor's degree or higher.
ZIP code 02831 is classified by USPS as a standard delivery area and covers roughly 24.9 square miles in Hope, Providence County, Rhode Island. The area is home to 3,515 residents, producing a population density of 141 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 02831 against Rhode Island and the nation.
On the economic side, the median household income for ZIP 02831 sits at $137,181 (34% above the Rhode Island average), while per-capita income is $67,199. The poverty rate stands at 5.4% and the unemployment rate at 1.0%. On housing, the median home value is $462,200 (1% above the state average) with median rent at $1,705 per month, and 95.0% of occupied units are owner-occupied, a direct signal of whether 02831 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 30.9% of adults hold a bachelor's degree or higher, the median age is 41.1, and the average commute is 28 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Providence County, so you can benchmark 02831 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 02831
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 02831.
- Construction
Construction
26 establishments
- Administrative and support and waste management and remediation services 10
Administrative and support and waste management and remediation services
10 establishments
- Other services (except public administration) 10
Other services (except public administration)
10 establishments
- Professional, scientific, and technical services 9
Professional, scientific, and technical services
9 establishments
- Wholesale trade 6
Wholesale trade
6 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 02831, Hope, RI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
3,515
Population
24.9
Area (sq mi)
141
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 02831?
41.1
Median Age
52.8%
Male
47.2%
Female
3.2%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$137,181
Median Household Income
+34% vs state
$67,199
Per Capita Income
5.4%
Poverty Rate
1.0%
Unemployment Rate
28.3 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
1,309
Total Housing Units
1,309
Occupied Units
0
Vacant Units
2.63
Avg Household Size
Occupancy Type
$462,200
Median Home Value
+1% vs state
$1,705
Median Rent
1965
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+11.8%
YoY Change (2024)
287
HPI Index (2000 = 100)
+187%
Total Change Since 2000
Home values in ZIP 02831 have increased 11.8% over the past year (2024). Since 2000, this ZIP has seen +187% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.4% | 183 |
| 2021 | +18.1% | 216 |
| 2022 | +18.2% | 256 |
| 2023 | +0.4% | 257 |
| 2024 | +11.8% | 287 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 83 business establishments in ZIP 02831, employing approximately 257 people with a combined annual payroll of $13,260,000.
83
Businesses
257
Employees
$13.3M
Annual Payroll
8
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 26 | 31.3% |
| Administrative and support and waste management and remediation services | 10 | 12.1% |
| Other services (except public administration) | 10 | 12.1% |
| Professional, scientific, and technical services | 9 | 10.8% |
| Wholesale trade | 6 | 7.2% |
| Health care and social assistance | 6 | 7.2% |
| Real estate and rental and leasing | 4 | 4.8% |
| Finance and insurance | 3 | 3.6% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 02831 vs 02921 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 02921 | Cranston, RI | 12,361 | 3.8 mi |
| 02815 | Clayville, RI | 278 | 3.8 mi |
| 02816 | Coventry, RI | 32,611 | 4.6 mi |
| 02857 | North Scituate, RI | 8,412 | 5.7 mi |
| 02893 | West Warwick, RI | 29,630 | 5.3 mi |
| 02920 | Cranston, RI | 37,547 | 6.4 mi |
| 02919 | Johnston, RI | 28,790 | 6.3 mi |
| 02828 | Greenville, RI | 7,704 | 8.8 mi |
| 02825 | Foster, RI | 5,377 | 7.3 mi |
| 02886 | Warwick, RI | 29,269 | 7.5 mi |
More ZIP Codes in Providence County
Related Areas
Frequently Asked Questions
What county is ZIP code 02831 in? ▼
What is the population of ZIP code 02831? ▼
What is the median household income in ZIP 02831? ▼
What is the average home value in ZIP 02831? ▼
What is the demographic makeup of ZIP 02831? ▼
How many businesses are in ZIP code 02831? ▼
What are the main industries in ZIP code 02831? ▼
How have home values changed in ZIP code 02831? ▼
What is the education level in ZIP code 02831? ▼
What is the average commute time in ZIP 02831? ▼
What percentage of residents own vs. rent in ZIP 02831? ▼
What is the poverty rate in ZIP code 02831? ▼
ZIP Code Research Guides
Official Data Resources for Hope, RI
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.