BMIE Market 02824

Providence County, Rhode Island · ZCTA boundaries as of 2020

Profile

Population (current estimate)	448 2020–2024 ACS 5-year estimate ±413 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households	89 2020–2024 ACS 5-year estimate ±79 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B11001_001E · on 2020 boundaries · retrieved 2026-09-05
Population, 2010 Census count	Data source not yet connected
Housing units	Data source not yet connected
Median household income	$203,508 2020–2024 ACS 5-year estimate ±58,834 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age	34.3 2020–2024 ACS 5-year estimate ±3 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01002_001E · on 2020 boundaries · retrieved 2026-09-05
Median gross rent	Data source not yet connected
Median home value	$412,700 2020–2024 ACS 5-year estimate ±257,113 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area	0.2 sq mi Census Gazetteer 2020
Restaurants	3 2022 · U.S. Census Bureau, ZIP Code Business Patterns 2022 detail (NAICS2022) · by USPS ZIP 02824
Restaurants per 10,000 residents	Not yet derived
Restaurant growth, 5-year	+0.0% DERIVED: 2011 → 2016, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year	+50.0% DERIVED: 2012 → 2022, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year	+200.0% DERIVED: 2002 → 2022, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file	+200.0% DERIVED: 1994 → 2022, ZIP Code Business Patterns restaurants
Projected restaurants, 2027	3 (range 2–4) FORECAST · linear trend v1 fitted to 2007–2022 (11 points, +0.1 per year, r² 0.62) · 80% range · confidence Medium · momentum, not a guarantee
Projected population, 5 years ahead	Needs more ACS years on file
BMIE Market Score	55 / 100 MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score	50 / 100 MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score	54 / 100 MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score	64 / 100 MODELED · market_momentum_score v1 · confidence High · why?

Map

Boundary: U.S. Census Bureau cartographic file, 1:500k, 2020 vintage. Basemap © OpenStreetMap contributors.

Trends

Historical lines are published counts. Dashed lines are derived: a least-squares trend through the last decade, extended as a FORECAST with its 80% range. Momentum, not a guarantee.

Restaurants by year, with trend and projection

ZIP Code Business Patterns, USPS ZIP 02824. Projection: linear trend v1, fitted 2007–2022, +0.1 restaurants per year, r² 0.62, confidence Medium.

Growth index (first year on file = 100)

Each category relative to its own first published count. Full/limited split is unavailable under SIC (before 1998).

Mix of the food-service market

Share of all food-service establishments. "Other" = snack bars, caterers, contractors, mobile.

Population and restaurants per 10,000 residents

Population points: 2010 Census count and ACS 5-year estimates on file (more vintages load over time). Density uses the population point within two years of each restaurant count. Population projection appears once three or more ACS years are loaded.

Restaurant growth vs. Rhode Island and U.S. averages

Averages are the mean growth across all ZCTAs with the figure (state n = 71, U.S. n = 24,852). DERIVED from ZIP Code Business Patterns.

Why these scores?

Each score is a weighted average of national percentile ranks (0 = lowest of all ZCTAs with that figure, 100 = highest). Weights are set in the model registry, not in code, and every score carries its model version.

BMIE Market Score: 55 (High confidence)

Component	Value	Rank	Weight	Adds
Consumer Market Score	50.1	50	40%	+20.0
Restaurant Opportunity Score	54.2	54	35%	+19.0
Market Momentum Score	64.1	64	25%	+16.0

Health index, advertising, whitespace, competition and risk components join in later versions.

Consumer Market Score: 50 (High confidence)

Component	Value	Rank	Weight	Adds
Population (ACS)	448	20	40%	+8.0
Median household income (ACS)	203,508	99	40%	+39.6
Households (ACS)	89	13	20%	+2.5

Percentile-rank composite. No spending model yet: income and size stand in for spending capacity.

Restaurant Opportunity Score: 54 (High confidence)

Component	Value	Rank	Weight	Adds
10-year restaurant growth	50	82	35%	+28.8
Restaurants per 10,000 residents (lower = more room)	67.0	7	25%	+1.7
Population (ACS)	448	20	20%	+4.0
Median household income (ACS)	203,508	99	20%	+19.8

Whitespace, competition and demand signals are not yet available; this version uses growth, density, size and income only.

Market Momentum Score: 64 (High confidence)

Component	Value	Rank	Weight	Adds
5-year restaurant growth	0	42	50%	+20.9
10-year restaurant growth	50	82	30%	+24.7
20-year restaurant growth	200	93	20%	+18.6

Restaurant-count growth only until population and income growth series exist.

A high score is a statistical position among all U.S. ZCTAs, not a prediction that a restaurant will succeed.

Restaurants on file (1)

By cuisine

American 1

By type

Casual dining 1 · Restaurant (service type not stated) 1

Name	Type	Cuisine	Address	Status
The Village Haven	Restaurant (service type not stated) · Casual dining	American	90 School St	open

Listings: Overture Maps Places (CDLA-Permissive-2.0), matched into the BMIE restaurant master. Census establishment counts and listing counts differ by definition (Census counts employer establishments in the reference week; listings are places currently mapped).

Restaurant establishments over time

Year	All food service	Restaurants	Full-service	Limited-service	Snack & beverage	Bars	Industry codes
1994	1	1	—	—	—	—	SIC1987
1995	1	1	—	—	—	—	SIC1987
1996	2	2	—	—	—	—	SIC1987
1997	2	2	—	—	—	—	SIC1987
1998	2	2	1	1	—	—	NAICS1997
1999	1	1	1	—	—	—	NAICS1997
2000	1	1	1	—	—	—	NAICS1997
2001	1	1	1	—	—	—	NAICS1997
2002	1	1	1	—	—	—	NAICS1997
2003	1	1	1	—	—	—	NAICS2002
2004	2	1	1	—	—	1	NAICS2002
2005	2	1	1	—	—	1	NAICS2002
2006	1	1	1	—	—	—	NAICS2002
2007	1	1	1	—	—	—	NAICS2002
2008	2	2	2	—	—	—	NAICS2007
2009	2	2	2	—	—	—	NAICS2007
2010	2	2	2	—	—	—	NAICS2007
2011	2	2	2	—	—	—	NAICS2007
2012	2	2	2	—	—	—	NAICS2012
2013	2	2	2	—	—	—	NAICS2012
2014	2	2	2	—	—	—	NAICS2012
2015	2	2	2	—	—	—	NAICS2012
2016	2	2	2	—	—	—	NAICS2012
2022	3	3	3	—	—	—	NAICS2022

U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 02824. Categories are BMIE roll-ups of the published SIC/NAICS codes (full vs limited service is not split under SIC). More years load in stages.

Nearby markets (within 5 miles)

ZCTA	Distance	Restaurants	Year
02876	1.2 mi	3	2023
02896	1.9 mi	16	2023
01529	2.7 mi	1	2016
01504	3.2 mi	9	2023
02895	3.2 mi	75	2023
02826	4.5 mi	3	2017
02838	4.9 mi	4	2023

Distance is centroid to centroid (Census Gazetteer). Restaurants: latest ZBP year on file for that ZIP.