Providence, RI — Demographics & Statistics
ZIP code 02905 serves a portion of Providence, Rhode Island, within Providence County. This community is home to approximately 37,910 residents, with a median age of 46.7 years. The median household income of $63,756 sits below the national median of $67,521, while median home values of $242,272 are below the national average of $301,500. The area has a owner-majority housing profile, with 52% owner-occupied and 48% renter-occupied units. Cost of living in this part of Providence is higher than the national baseline, with an index of 102 (100 = national average). With a college-education rate of 43% and an unemployment rate of 6.9%, 02905 reflects the economic character of Providence County in Rhode Island.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 37,910 | — |
| Population | Density (per sq mi) | 1,318 | — |
| Economics | Median Household Income | $63,756 | ↓ 6% vs nat'l avg |
| Economics | Median Home Value | $242,272 | ↓ 20% vs nat'l avg |
| Economics | Cost of Living Index | 102 | ↑ Higher than avg |
| Economics | Unemployment Rate | 6.9% | ↑ 77% vs nat'l avg |
| Economics | Below Poverty Line | 6.2% | ↓ 46% vs nat'l avg |
| Education | College Educated (25+) | 43% | ↑ 23% vs nat'l avg |
| Demographics | Median Age | 46.7 yrs | ↑ 22% vs nat'l avg |
| Housing | Owner-Occupied | 52% | — |
| Housing | Renter-Occupied | 48% | — |
| Housing | Total Housing Units | 15,543 | — |