Wood River Junction, RI 02894 ZIP Code Profile

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Wood River Junction, RI
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ZIP Code 02894: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Wood River Junction, RI 02894

Acceptable Alternative
Wood River Jt, RI 02894

  • ZIP Code Type: STANDARD
  • County: Washington County
  • Centroid: Latitude 41.45, Longitude -71.692
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 14
  • PO Box Addresses: 38
  • Residential Addresses: 262
    • Multi-Family Addresses: 0
    • Single Family Addresses: 262

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2019, Maps updated: August 2, 2019.

Jump to... (On This Page!)
  1. 02894 2019 Demographic Data
  2. Growth Rates for 02894 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Rhode Island Research Tools (Easy Tools & Current Data)
  3. Rhode Island Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Wood River Junction, RI 02894 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Wood River Junction, RI 02894 Housing Affordability Index is 193
State of Rhode Island Housing Affordability Index is 103
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Wood River Junction, RI 02894 Wealth Index is 98
State of Rhode Island Wealth Index is 106
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Rhode Island address.

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POPULATION

Total Population 713
Population in Households 709
Population in Familes 610
Population in Group Qrtrs 4
Population Density 201
Diversity Index1 15
 

INCOME

Median Household Income $103,748
Average Household Income $101,633
Per Capita Income $33,931
Wealth Index3 98

HOUSING

Total Housing Units 249 (100%)
Owner Occupied HU 201 (80.7%)
Renter Occupied HU 37 (14.9%)
Vacant Housing Units 11 ( 4.4%)
Median Home Value $286,979
Housing Affordability Index2 193
 

HOUSEHOLDS

Total Households 238
Average Household Size 2.98
Family Households 180
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.09% 0.14%
Households 0.23% 0.17%
Families 0.18% 0.11%
Median Household Income   1.77%
Per Capita Income   2.69%

Wood River Junction, RI 02894 - Peer Comparisons by Rank and Percentile

The table below compares 02894 to the other 79 ZIP Codes in Rhode Island by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 68 15th
Population Density # 64 20th
Diversity Index # 55 32nd
Median Household Income # 10 89th
Per Capita Income # 59 27th

Additional comparisons and rankings can be made with a VERY EASY TO USE Rhode Island Census Data Comparison Tool.


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