PlainZIP

Newport, RI · standard

ZIP Code 02840

Newport County, Rhode Island - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

23,335
1,248/sq mi
$86,250
Median income
$746,900
Median home value
57.2%
Bachelor's or higher

The verdict

Newport pairs an above-median household income with top-decile home values, in a low-density, mixed-tenure area.

Top 31%
household income, US ZIPs
Top 5%
home value, US ZIPs
1,248
people per sq mi
50%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 02840 against every reporting US ZIP.

ZIP code 02840 is a densely settled ZIP (a standard USPS delivery area) in Newport, Newport County, Rhode Island, with 23,335 residents across 18.7 square miles, a density of 1,248 people per square mile, in the New York time zone.

ZIP 02840 lands in the middle-income range, with a median household income of $86,250 (16% below the Rhode Island average), while per-capita income is $58,362. Local economic indicators show a 16.5% poverty rate alongside 8.8% unemployment. The typical home here is valued at $746,900 (63% above the state average); renters pay a median of $1,695 monthly, and 49.8% of units are owner-occupied.

This is a highly-educated ZIP: 57.2% of adults hold a bachelor's degree or higher, the median age is 40.3, and the average commute is 20 minutes. We also surface 9 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Newport County, so you can benchmark 02840 against its immediate geography rather than a national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 02840

Top 5 sectors by establishment count in Newport, RI

Which industries have the most business establishments in ZIP 02840.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 02840, Newport, RI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

23,335

Population

18.7

Area (sq mi)

1,248

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 02840?

40.3

Median Age

45.4%

Male

54.6%

Female

7.0%

Foreign-Born

White 76.0%
African American 6.2%
Asian 2.3%
American Indian or Alaska Native 0.5%
Native Hawaiian or Pacific Islander 0.3%
Two or More Ethnicities 10.5%
Hispanic or Latino 10.5%

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?

$86,250

Median Household Income

-16% vs state

$58,362

Per Capita Income

16.5%

Poverty Rate

8.8%

Unemployment Rate

19.6 min

Mean Commute Time

How ZIP 02840 ranks nationally

Newport, RI household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$86,250 Top 31% higher than 69% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 75.3%
Bachelor's Degree or Higher 57.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

13,537

Total Housing Units

11,034

Occupied Units

2,503

Vacant Units

1.97

Avg Household Size

Occupancy Type

Owner 49.8%
Renter 50.2%

$746,900

Median Home Value

+63% vs state

$1,695

Median Rent

1938

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

+15.9%

YoY Change (2024)

453

HPI Index (2000 = 100)

+353%

Total Change Since 2000

Home values in ZIP 02840 have increased 15.9% over the past year (2024). Since 2000, this ZIP has seen +353% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.8% 262
2021 +12.9% 296
2022 +23.2% 365
2023 +7.0% 390
2024 +15.9% 453

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 1,024 business establishments in ZIP 02840, employing approximately 12,140 people with a combined annual payroll of $697,539,000.

1,024

Businesses

12,140

Employees

$697.5M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 191 18.6%
Accommodation and food services 187 18.3%
Professional, scientific, and technical services 123 12.0%
Other services (except public administration) 95 9.3%
Construction 58 5.7%
Health care and social assistance 57 5.6%
Administrative and support and waste management and remediation services 56 5.5%
Real estate and rental and leasing 53 5.2%
Finance and insurance 47 4.6%
Arts, entertainment, and recreation 45 4.4%
Transportation and warehousing 32 3.1%
Wholesale trade 29 2.8%
Information 17 1.7%
Manufacturing 15 1.5%
Educational services 13 1.3%
Management of companies and enterprises 3 0.3%

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 02840 vs 02841 →

ZIP 02840 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 02840 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 02840 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 02840 ranks #null of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
02841 Newport, RI 1,392 2.5 mi
02842 Middletown, RI 16,095 3.5 mi
02835 Jamestown, RI 5,405 3.9 mi
02872 Prudence Island, RI 218 9.6 mi
02871 Portsmouth, RI 17,171 8.1 mi
02874 Saunderstown, RI 5,860 8.1 mi
02882 Narragansett, RI 14,184 8.5 mi
02852 North Kingstown, RI 22,551 10.5 mi
02878 Tiverton, RI 15,780 11.8 mi

More ZIP Codes in Newport County

02871 standard
Portsmouth, RI
Pop: 17,171
02842 standard
Middletown, RI
Pop: 16,095
02878 standard
Tiverton, RI
Pop: 15,780
02835 standard
Jamestown, RI
Pop: 5,405
02837 standard
Little Compton, RI
Pop: 3,492
02841 standard
Newport, RI
Pop: 1,392

Related Areas

Newport County Newport, RI Rhode Island

Frequently Asked Questions

What county is ZIP code 02840 in? ▼
ZIP code 02840 (Newport) is located in Newport County, Rhode Island. Newport County contains multiple ZIP codes, see the full list at /counties/newport-ri.
What is the population of ZIP code 02840? ▼
ZIP code 02840 in Newport, RI has a population of 23,335 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 02840? ▼
The median household income in ZIP 02840 is $86,250, which is 13% above the national average of $76,288.
What is the average home value in ZIP 02840? ▼
The median home value in ZIP 02840 is $746,900, which is 169% above the national average of $278,155.
What is the demographic makeup of ZIP 02840? ▼
The largest racial group in ZIP 02840 is White at 76.0%. Hispanic or Latino residents make up 10.5% of the population.
How many businesses are in ZIP code 02840? ▼
ZIP code 02840 has 1,024 business establishments employing approximately 12,140 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 02840? ▼
The top industries by establishment count in ZIP 02840 are: Retail trade (191), Accommodation and food services (187), Professional, scientific, and technical services (123). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 02840? ▼
According to the FHFA House Price Index, home values in ZIP 02840 increased by 15.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 353%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 02840? ▼
In ZIP code 02840, 75.3% of residents aged 25+ have a high school diploma or higher, and 57.2% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 02840? ▼
The mean commute time for workers in ZIP code 02840 is 19.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 02840? ▼
In ZIP code 02840, approximately 49.8% of occupied housing units are owner-occupied and 50.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 02840? ▼
The poverty rate in ZIP code 02840 is 16.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.