Housing Insights for ZIP Code 02813 (Charlestown, RI)

Housing Summary for ZIP Code 02813

Homeowners

The median home value in ZIP Code 02813 (Charlestown, RI) is $330,700. Approximately 83.7% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 3.5%.

The average occupancy of owner-occupied units in ZIP Code 02813 is 2.32 occupants, while owner-occupied units have an aggregate average size of 2.8 bedrooms per housing unit.

Renters

In the 02813 ZIP Code, an estimated 16.3% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.56 occupants, while renters in this Washington County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 02813

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 02813.

ZIP 02813 Rhode Island U.S.
Median Home Value $330,700 $484,787 $364,385
Owner-Occupied Housing Units 83.7% 60.8% 64.0%
Homeowner Vacancy Rate 3.5% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.32 2.63 2.70
Average # of Bedrooms Per Unit 2.8 2.55 2.75
Median Housing Rent $0 $1,004 $1,062
Renter-Occupied Housing Units 16.3% 39.2% 36.0%
Rental Vacancy Rate 0.0% 5.7% 6.0%
Average Size of Renter-Occupied Unit 2.56 2.23 2.49
Percent of Income Spent on Rent 0% 29.52% 29.83%

Home Values in ZIP Code 02813 (Charlestown, RI)

The median home value in ZIP Code 02813 is $330,700. That median value is about 26% higher than the median home value of $261,900 in Rhode Island overall, and is 52% higher than the $217,500 the median home value in the entire U.S. In ZIP Code 02813, approximately 42.3% of homes are valued $300,000 to $499,999. That is 54% higher than in Rhode Island, in which 27.5% of homes are valued at $300,000 to $499,999, and is about 119% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 02813 homes fall into is less than $50,000 (1.5% of homes).

Home Values in ZIP Code 02813

This chart visualizes the breakdown of home values in ZIP Code 02813, Rhode Island, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 02813 vs. home values in both the state of Rhode Island and in the U.S. overall.

Home Values in ZIP Code 02813

See the table below for a regional comparison of home values in ZIP Code 02813.

Home Value ZIP 02813 Rhode Island U.S.
Less than $50,000 1.5% 2.3% 6.9%
$50,000 to $99,999 2.5% 2.0% 12.0%
$100,000 to $149,999 2.0% 7.0% 13.3%
$150,000 to $199,999 5.0% 16.6% 14.0%
$200,000 to $299,999 31.1% 33.2% 19.6%
$300,000 to $499,999 42.3% 27.5% 19.3%
$500,000 to $999,999 11.0% 9.5% 11.4%
$1,000,000 or more 4.6% 2.0% 3.4%

Home Ages in ZIP Code 02813 (Charlestown, RI)

Approximately 21.6% of homes in this Charlestown, RI region were built in 1980 to 1989. This amount of homes built in 1980 to 1989 in ZIP Code 02813 is about 91% higher than percentage of homes built in this time period in Rhode Island overall (11.3% of homes), and is 61% higher the percentage (13.4% of homes) in the U.S. as a whole. Additionally, an esimated 16.1% of local homes were built in 1990 to 1999. On the other end of the scale, just 0.6% of homes in this Washington County ZIP Code were built in 2010 to 2013 in ZIP Code 02813. In comparison, 0.9% of homes in Rhode Island overall were built in 2010 to 2013, while 2.7% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 02813

A detailed regional comparison of home ages in ZIP Code 02813.

Year Built ZIP 02813 Rhode Island U.S.
2014 or later 0.9% 0.7% 2.5%
2010 to 2013 0.6% 0.9% 2.7%
2000 to 2009 10.0% 6.1% 14.0%
1990 to 1999 16.1% 7.6% 13.9%
1980 to 1989 21.6% 11.3% 13.4%
1970 to 1979 16.1% 12.1% 15.2%
1960 to 1969 9.4% 11.6% 10.6%
1950 to 1959 11.5% 12.3% 10.3%
1940 to 1949 2.7% 7.1% 4.9%
1939 or earlier 11.0% 30.4% 12.6%

Age of Homes in ZIP Code 02813

See the chart below for details on the age of homes in ZIP Code 02813, Rhode Island, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 02813

Frequently asked questions about housing in this Charlestown, RI ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 02813.

1

What is the average home value ZIP Code 02813?

The median home value in ZIP Code 02813 (Charlestown, RI) is $330,700.
2

Are homes expensive in ZIP Code 02813?

The median home value in 02813 ($330,700) is an estimated 26% higher than the aggregate median value of $261,900 in Rhode Island, and is 52% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 02813?

The vacacy rate for owner-occupied housing in ZIP Code 02813 is 3.5%. This rate is 106% higher than the overall Rhode Island owner-occupied vacancy rate of 1.7%. Additionally, the 02813 vacancy rate is 119% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 02813 have older homes or newer construction?

In ZIP Code 02813, about 21.6% of homes were built in 1980 to 1989. That time range includes the most home construction. Also, 16.1% of homes in the region were built in 1990 to 1999. In contrast, 0.6% of homes in 02813 were built in 2010 to 2013.
5

What is the housing breakdown in ZIP Code 02813? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 02813 than renter-occupied housing. Owner-occupied units make up 83.7% of housing, compared to 16.3% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 02813?

The vacacy rate for rental units in ZIP Code 02813 is 0.0%. This rate is 100% lower than the overall Rhode Island vacancy rate of 5.7%. Additionally, the 02813 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.