ZIP Code 02874

Households in ZIP code 02874, near Ashaway, report a median income of $159,861, with per-capita income at $72,481. That earnings base supports a median home value of $713,700, and the county's 1.00% effective property tax rate works out to roughly $7,137 annually on such a home. Adding the 7.00% combined sales tax shapes day-to-day spending as well. High earnings against these figures leave room for saving and discretionary purchases, though property taxes and sales taxes still claim a meaningful share of any household budget in this part of Rhode Island.