ZIP Code 02835

ZIP code 02835, in the Newport area, sits firmly in affluent territory. A median household income of $140,625 and per-capita income of $81,200 place it well above statewide norms, while a median home value of $842,400 reflects a high-cost housing market. Property taxes run at an effective 0.89% at the county level, so owners of a home at that median value would owe roughly $7,500 annually. Add a 7.00% combined sales tax on purchases, and the overall tax load matches the area's upscale profile.