ZIP Code 02863

ZIP code 02863, part of the Providence area, sits in working-class territory. A median household income of $49,285 and per-capita income of $21,117 fall well below statewide norms, while the median home value of $352,100 is high enough that buying here demands a substantial stretch. Property taxes run at 1.25% of assessed value at the county level, and the combined sales tax rate reaches 7.00%. Together these figures point to a place where earnings are limited but housing costs and tax obligations are not, squeezing household finances from both directions.