Providence, RI — Demographics & Statistics
ZIP code 02903 serves a portion of Providence, Rhode Island, within Providence County. This community is home to approximately 44,374 residents, with a median age of 40.3 years. The median household income of $54,316 sits below the national median of $67,521, while median home values of $249,853 are below the national average of $301,500. The area has a owner-majority housing profile, with 57% owner-occupied and 43% renter-occupied units. Cost of living in this part of Providence is lower than the national baseline, with an index of 90 (100 = national average). With a college-education rate of 69% and an unemployment rate of 8.5%, 02903 reflects the economic character of Providence County in Rhode Island.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 44,374 | — |
| Population | Density (per sq mi) | 15,974 | — |
| Economics | Median Household Income | $54,316 | ↓ 20% vs nat'l avg |
| Economics | Median Home Value | $249,853 | ↓ 17% vs nat'l avg |
| Economics | Cost of Living Index | 90 | ↓ Lower than avg |
| Economics | Unemployment Rate | 8.5% | ↑ 118% vs nat'l avg |
| Economics | Below Poverty Line | 6.2% | ↓ 46% vs nat'l avg |
| Education | College Educated (25+) | 69% | ↑ 97% vs nat'l avg |
| Demographics | Median Age | 40.3 yrs | ↑ 5% vs nat'l avg |
| Housing | Owner-Occupied | 57% | — |
| Housing | Renter-Occupied | 43% | — |
| Housing | Total Housing Units | 23,961 | — |