02858, Oakland, RI

The 2858 zip code of Oakland, Rhode Island is home to a population of approximately 10,000 people. The median household income in this zip code is $60,000 and the median home value is $225,000. In terms of home equity, the average homeowner in this zip code has around $100,000 in equity.

There are a number of factors that contribute to the high home values in this zip code. First and foremost, Oakland is a desirable location with plenty of amenities and opportunities for growth. Additionally, there are very few foreclosures or short sales in this area which contributes to the stability of prices. Finally, many homeowners have taken advantage of low interest rates over the past few years and have been able to increase their equity holdings significantly.