Interested in purchasing investment houses in the 02916 zip code in Rumford, RI?
The zip code 02916 is in Providence county with a latitude of -71.352030000000 and longitude of 41.844560000000, is in the state of Rhode Island. The average asking price of houses and condos is $254,754.00 and the average sale price was $197,915.00. this regions is classified as the Providence metro area and is in the 401 area code. The location in degrees is 41° 50' 40.416" N, 71° 21' 7.308" W. The county F.I.P.S. is 44007. The total land area is 2.6 square miles and the water area is 0.4 square miles. The elevation in this area is 49 - 69 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 02916 is in county number 007 and is L. Sector 05, L. Segment 51, H. Sector 51, and H. Segment 51. The population was 9,338 in 2019 and 8,139 in 2010. This further breaks down to 4,619 males (49.5%) and 4,719 females (50.5%). The median age of residents is 42.4 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 3,655. This zip code has a combined total of 3,853 houses and condos. There are 1,015 rented appartments. 27% of residents rent versus the 27% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $67,991 and the average salary is $54,294. The median household income of individuals is $59,224.00 and the average is $84,070.00. This zip code has a mean commute time to work of 24.0 minutes. The unemployment rate is 1.9%. Income earners by percent breakdown as 40.20% (Under $50,000), 38.10% ($50,000-$100,000), and 21.70% earn over $100,000. 3.0% of residents live below poverty line versus the 10.8% in the state that are below this line. The cost of living index is 88.5. The educational breakdown is 90.2% have a high school education or higher, 44.0% have a bachelor's degree or higher, and 15.8% have some kind of profesional degree.
This area has 3,556 households and the average size is 2.5 people. Individuals who are single and have never been married are 27.8%, 52.6% are now married, 0.2% are separated, 7.9% are widowed, and 11.5% are divorced. The average yearly contribution amount given by people to charity was $2,609 versus the state average of $2,961. The percent of residents who gave to charity was 36.2%.
The estimated median value of houses and condos is $269,692. The median monthly owner costs of mortgage holders was $1,897, where as the costs for those who don't have a mortgage are $712. The median number of rooms in houses and condos are 6.1 versus apartments which had a median number of 3.5.
The real estate tax percent rate is 1.6% which equated to an average real estate tax amount payment of $4,270. 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 1.6% which amounted to an average tax amount of $4,385. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.4% which amounted to an average tax amount of $4,080. Reported taxable interest for persons was $2,108, dividends $4,438, capital gains +$12,311, and itemized deductions $23,087. The average earned income tax credit is $1,777. The percent of individuals that use a tax preparer is 62.0%. The total average income taxes paid by individuals was $10,947. Businesses reported an average profit of $16,738.
Chelo's of Rumford
45 Newport Ave Ste D, Rumford, RI 02916
Hibachi Grill Supreme Buffet
58 Newport Ave, Rumford, RI 02916
Avenue N
20 Newman Ave, Rumford, RI 02916
El Azteca Restaurant
335 Newport Ave, Rumford, RI 02916
Cilantro Mexican Grill
430 Newport Ave, Rumford, RI 02916
Papa Gino's
12 Narragansett Park Dr, Rumford, RI 02916
Baja's
430 Newport Ave, Rumford, RI 02916
Apple Valley Kenco
45 Newport Ave, Rumford, RI 02916
Seven Stars Bakery
20 Newman Ave Unit 3001, Rumford, RI 02916
Entenmann's Bakery
82 Newport Ave, Rumford, RI 02916
Honey Dew Donuts
100 Newport Ave, Rumford, RI 02916
Persy's Place
140 Newport Ave, Rumford, RI 02916
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