Interested in purchasing investment houses in the 02909 zip code in Providence, RI?
The zip code 02909 is in Providence county with a latitude of -71.451450000000 and longitude of 41.820260000000, is in the state of Rhode Island. The average asking price of houses and condos is $119,242.00 and the average sale price was $100,485.00. this regions is classified as the Providence metro area and is in the 401 area code. The location in degrees is 41° 49' 12.936" N, 71° 27' 5.22" W. The county F.I.P.S. is 44007. This zip code contains two cities including Providence, RI (99.94%), and Cranston, RI (0.06%) The total land area is 3.5 square miles and the water area is 0.0 square miles. The elevation in this area is 82 - 115 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 02909 is in county number 007 and is L. Sector 02, L. Segment 01, H. Sector 19, and H. Segment 19. The population was 41,254 in 2019 and 43,540 in 2010. This further breaks down to 20,464 males (49.6%) and 20,789 females (50.4%). The median age of residents is 30.7 years. The population of the greater Providence-New Bedford-Fall River, RI-MA area is 1,610,368. The population density (people per square mile) is 11,932. This zip code has a combined total of 17,932 houses and condos. There are 9,727 rented appartments. 68% of residents rent versus the 68% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $26,806 and the average salary is $26,085. The median household income of individuals is $25,783.00 and the average is $32,800.00. This zip code has a mean commute time to work of 23.8 minutes. The unemployment rate is 7.7%. Income earners by percent breakdown as 74.50% (Under $50,000), 19.90% ($50,000-$100,000), and 5.70% earn over $100,000. 27.5% of residents live below poverty line versus the 10.8% in the state that are below this line. The cost of living index is 91.4. The educational breakdown is 75.9% have a high school education or higher, 15.4% have a bachelor's degree or higher, and 5.0% have some kind of profesional degree.
This area has 14,599 households and the average size is 2.8 people. Individuals who are single and have never been married are 53.6%, 32.4% are now married, 2.4% are separated, 3.8% are widowed, and 7.8% are divorced. The average yearly contribution amount given by people to charity was $1,963 versus the state average of $2,961. The percent of residents who gave to charity was 7.8%.
The estimated median value of houses and condos is $192,289. The median monthly owner costs of mortgage holders was $1,630, where as the costs for those who don't have a mortgage are $630. The median number of rooms in houses and condos are 5.4 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.9% which equated to an average real estate tax amount payment of $3,609. In comparision, the average real estate tax percent rate in the state is 1.5% which equated to an average real estate tax amount payment in the state of $4,339. The median housing property tax percent for residents with mortgages was 1.9% which amounted to an average tax amount of $3,614. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.9% which amounted to an average tax amount of $3,610. Reported taxable interest for persons was $635, dividends $3,601, capital gains +$2,737, and itemized deductions $15,834. The average earned income tax credit is $2,652. The percent of individuals that use a tax preparer is 69.9%. The total average income taxes paid by individuals was $5,425. Businesses reported an average profit of $9,572.
Julian's
318 Broadway, Providence, RI 02909
Wok N Roll
208 Pocasset Ave, Providence, RI 02909
Euro Bistro
441 Atwells Ave, Providence, RI 02909
Capitol Hill Diner
353 Smith St, Providence, RI 02908 (1.3 miles away)
XO Cafe
125 N Main St, Providence, RI 02903 (1.5 miles away)
Oki Japanese Steak House
1270 Mineral Spring Ave, North Providence, RI 02904 (2.3 miles away)
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