Providence, RI · standard

ZIP Code 02907

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

27,445
4,815/sq mi High-density area
$52,485
Median income Below-median income area
$349,200
Median home value Above-median home value
22.5%
Bachelor's or higher Near-average bachelor's attainment

National ZIP placement

Providence pairs one of the lowest household incomes in the country with above-median home values, in a suburban-density, renter-heavy area.

17th pct
household income, US ZIPs
Top 26%
home value, US ZIPs
4,815
people per sq mi
36%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 02907 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 02907 (Providence, RI) fell -11.4% from 2023 to 2024. The all-transactions index moved from 453.0 in 2023 to 401.4 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 02907 is a densely settled ZIP (a standard USPS delivery area) in Providence, Providence County, Rhode Island, with 27,445 residents across 5.7 square miles, a density of 4,815 people per square mile, in the New York time zone.

ZIP 02907 reports a modest median household income of $52,485 (49% below the average Rhode Island ZIP), while per-capita income is $25,184. The poverty rate is 22.2%, so the area-level income figures should not be treated as typical household experience. Home values sit below the statewide ZIP benchmark: the median is $349,200 (24% below the average Rhode Island ZIP), and median rent is $1,170; owner occupancy is 36.3%.

Educational attainment sits below the national norm: 22.5% of adults hold a bachelor's degree or higher, the median age is 33.8, and the average commute is 22 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Providence County, so 02907 can be compared with both its immediate and county-level context.

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 →

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Top industries in ZIP 02907

Top 5 sectors by establishment count in Providence, RI

Which industries have the most business establishments in ZIP 02907.

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 02907, Providence, 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

27,445

Population

5.7

Area (sq mi)

4,815

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 02907?

33.8

Median Age

51.0%

Male

49.0%

Female

55.9%

Foreign-Born

White 17.0%
African American 11.9%
Asian 4.6%
American Indian or Alaska Native 1.4%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 22.8%
Hispanic or Latino 68.4%

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?

$52,485

Median Household Income

-49% vs state ZIP avg

$25,184

Per Capita Income

22.2%

Poverty Rate

7.6%

Unemployment Rate

22.2 min

Mean Commute Time

How ZIP 02907 ranks among Rhode Island ZIPs

Providence, RI household income vs. every Rhode Island ZIP code

Median household income among 71 reporting Rhode Island ZIPs (this ZIP's population is too small for a reliable national-corpus placement)

$52,485 3rd percentile higher than 3% of 71 Rhode Island ZIPs

This ZIP $0 $200K+ every Rhode Island ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more Rhode Island 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 53.5%
Bachelor's Degree or Higher 22.5%

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

What does housing look like?

11,467

Total Housing Units

10,982

Occupied Units

485

Vacant Units

2.82

Avg Household Size

Occupancy Type

Owner 36.3%
Renter 63.7%

$349,200

Median Home Value

-24% vs state ZIP avg

$1,170

Median Rent

1938

Median Year Built

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

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

-11.4%

YoY Change (2024)

401

HPI Index (2000 = 100)

+301%

Total Change Since 2000

Home values in ZIP 02907 have decreased 11.4% over the past year (2024). Since 2000, this ZIP has seen +301% cumulative appreciation.

Year Annual Change HPI Index
2020 +13.2% 271
2021 +12.3% 304
2022 +19.0% 362
2023 +25.1% 453
2024 -11.4% 401

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 590 business establishments in ZIP 02907, employing approximately 7,563 people with a combined annual payroll of $442,690,000.

590

Businesses

7,563

Employees

$442.7M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 100 16.9%
Other services (except public administration) 92 15.6%
Health care and social assistance 69 11.7%
Construction 47 8.0%
Professional, scientific, and technical services 46 7.8%
Accommodation and food services 45 7.6%
Manufacturing 31 5.3%
Administrative and support and waste management and remediation services 30 5.1%
Wholesale trade 29 4.9%
Transportation and warehousing 26 4.4%
Real estate and rental and leasing 24 4.1%
Finance and insurance 16 2.7%
Educational services 10 1.7%
Management of companies and enterprises 9 1.5%
Arts, entertainment, and recreation 9 1.5%
Utilities 4 0.7%

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 02907 vs 02910 →

ZIP 02907 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 02907 ranks #5 by population - useful context the national average alone can't give.

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

ZIP 02907 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 02907 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
02910 Cranston, RI 21,000 1.7 mi
02903 Providence, RI 10,780 1.6 mi
02905 Providence, RI 25,223 1.6 mi
02909 Providence, RI 43,540 2.0 mi
02912 Providence, RI 1,370 2.2 mi
02908 Providence, RI 37,467 2.9 mi
02888 Warwick, RI 19,912 3.5 mi
02920 Cranston, RI 37,547 3.0 mi
02904 Providence, RI 29,359 4.3 mi
02914 East Providence, RI 21,963 3.3 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 02907, both outside RI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (27,445 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Providence County

Frequently Asked Questions

What county is ZIP code 02907 in?

ZIP code 02907 (Providence) is located in Providence County, Rhode Island. Providence County contains multiple ZIP codes, see the full list at /counties/providence-ri.

What is the population of ZIP code 02907?

ZIP code 02907 in Providence, RI has a population of 27,445 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 02907?

The median household income in ZIP 02907 is $52,485, which is 31% below the national average of $76,288.

What is the average home value in ZIP 02907?

The median home value in ZIP 02907 is $349,200, which is 26% above the national average of $278,155.

What is the demographic makeup of ZIP 02907?

The largest racial group in ZIP 02907 is Two or More Ethnicities at 22.8%. Hispanic or Latino residents make up 68.4% of the population.

How many businesses are in ZIP code 02907?

ZIP code 02907 has 590 business establishments employing approximately 7,563 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 02907?

The top industries by establishment count in ZIP 02907 are: Retail trade (100), Other services (except public administration) (92), Health care and social assistance (69). There are 16 industry sectors represented in total.

How have home values changed in ZIP code 02907?

According to the FHFA House Price Index, home values in ZIP 02907 decreased by 11.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 301%. 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 02907?

In ZIP code 02907, 53.5% of residents aged 25+ have a high school diploma or higher, and 22.5% 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 02907?

The mean commute time for workers in ZIP code 02907 is 22.2 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 02907?

In ZIP code 02907, approximately 36.3% of occupied housing units are owner-occupied and 63.7% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 02907?

The poverty rate in ZIP code 02907 is 22.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 02907's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

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

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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.