02881 Zip Code

April 16, 2024

Zip Code:	02881
City/Town:	Wakefield
State:	Rhode Island

Population:	7,841
Per Capita Income:	$17,635
Mean Household Income:	$84,620

Total Housing Units:	1,087
Median Home Value:	$208,100
Median Year Homes Built:	1971

Land Area:	3.6 sq miles 9.4 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (02881 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

7,841

Male:

3,589

45.8%

49.2%

Female:

4,252

54.2%

50.8%

Median Age:

20.0 yrs

37.2 yrs

Under 5 years:

136

1.7%

6.5%

5 to 9 years:

159

44.9%

6.6%

10 to 19 years:

3,654

46.6%

13.8%

20 to 29 years:

2,419

30.9%

13.8%

30 to 39 years:

277

3.5%

13.0%

40 to 49 years:

333

4.2%

14.2%

50 to 59 years:

325

4.1%

13.6%

60 to 69 years:

283

3.6%

9.4%

70 to 79 years:

145

1.8%

5.4%

80 years and over:

110

1.4%

3.7%

Housing Information (02881 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$208,100

$119,600

Median year homes build:

1971

Median real estate taxes:

$3,283 / yr.

$1,334 / yr.

Median rent:

$594 / mo.

$519 / mo.

Total households:

1,087

Family households:

595

54.7%

66.4%

Nonfamily households:

492

45.3%

33.6%

Households with individuals under 18 years:

272

25.0%

33.4%

Households with individuals 65 years and over:

257

23.6%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

1,177

Occupied housing units:

1,087

92.4%

88.6%

Vacant housing units:

7.6%

11.4%

For rent:

4.6%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

0.7%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

1.3%

3.5%

All other vacants:

0.9%

2.8%

Homeowner vacancy rate:

1.3%

2.4%

Rental vacancy rate:

10.0%

9.2%

Owner-occupied housing units:

604

Population in owner-occupied housing units:

1,624

Average household size of owner-occupied units:

2.7

2.65

Renter-occupied housing units:

483

Population in renter-occupied housing units:

1,042

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (02881 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,056

Less than 9th grade:

1.8%

6.2%

9th to 12th grade, no diploma:

1.2%

8.7%

High school graduate (includes equivalency):

189

9.2%

29.0%

Some college, no degree:

306

14.9%

20.6%

Associate degree:

100

4.9%

7.5%

Bachelor's degree:

639

31.1%

17.6%

Graduate or professional degree:

759

36.9%

10.3%

Percent high school graduate or higher:

96.9%

85.0%

Percent bachelor's degree or higher:

68.0%

27.9%

Income Information (02881 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

2,607

33.2%

50.4%

Median income:

$6,706 / yr.

$27,932 / yr.

Full-time, year-round workers:

539

6.9%

59.7%

Median income:

$68,657 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,092

39.4%

49.6%

Median income:

$4,323 / yr.

$16,327 / yr.

Full-time, year-round workers:

326

4.2%

40.3%

Median income:

$36,000 / yr.

$28,135 / yr.

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