BMIE Market 02898

Washington County, Rhode Island · ZCTA boundaries as of 2020

Profile

Population (current estimate)	1,912 2020–2024 ACS 5-year estimate ±467 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B01003_001E · on 2020 boundaries · retrieved 2026-09-05
Households	760 2020–2024 ACS 5-year estimate ±184 · 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	1,696 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · POP10 · on 2010 boundaries · retrieved 2026-09-04
Housing units	618 2010 Census count · Decennial Census · Census Gazetteer ZCTA 2010 · HU10 · on 2010 boundaries · retrieved 2026-09-04
Median household income	$119,038 2020–2024 ACS 5-year estimate ±51,197 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B19013_001E · on 2020 boundaries · retrieved 2026-09-05
Median age	46.6 2020–2024 ACS 5-year estimate ±6 · 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	$424,300 2020–2024 ACS 5-year estimate ±44,022 · American Community Survey 5-Year Estimates · ACS 5-Year 2024 (2020-2024) ZCTA · B25077_001E · on 2020 boundaries · retrieved 2026-09-05
Land area	11.9 sq mi Census Gazetteer 2020
Restaurants	11 2023 · U.S. Census Bureau, ZIP Code Business Patterns 2023 detail (NAICS2022) · by USPS ZIP 02898
Restaurants per 10,000 residents	70.8 DERIVED: 2010 restaurants (ZIP) ÷ 2010 Census population (ZCTA) · different years, stated as such
Restaurant growth, 5-year	+0.0% DERIVED: 2018 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 10-year	+0.0% DERIVED: 2013 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, 20-year	-21.4% DERIVED: 2003 → 2023, ZIP Code Business Patterns restaurants
Restaurant growth, Longest on file	+10.0% DERIVED: 1994 → 2023, ZIP Code Business Patterns restaurants
Projected restaurants, 2028	10 (range 8–12) FORECAST · linear trend v1 fitted to 2013–2023 (11 points, -0.1 per year, r² 0.13) · 80% range · confidence Low · momentum, not a guarantee
Projected population, 5 years ahead	Needs more ACS years on file
BMIE Market Score	48 / 100 MODELED · bmie_market_score v1 · confidence High · why?
Consumer Market Score	62 / 100 MODELED · consumer_market_score v1 · confidence High · why?
Restaurant Opportunity Score	41 / 100 MODELED · restaurant_opportunity_score v1 · confidence High · why?
Market Momentum Score	34 / 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 02898. Projection: linear trend v1, fitted 2013–2023, -0.1 restaurants per year, r² 0.13, confidence Low.

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: 48 (High confidence)

Component	Value	Rank	Weight	Adds
Consumer Market Score	62.4	62	40%	+25.0
Restaurant Opportunity Score	41.1	41	35%	+14.4
Market Momentum Score	34.0	34	25%	+8.5

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

Consumer Market Score: 62 (High confidence)

Component	Value	Rank	Weight	Adds
Population (ACS)	1,912	44	40%	+17.6
Median household income (ACS)	119,038	90	40%	+36.0
Households (ACS)	760	44	20%	+8.9

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

Restaurant Opportunity Score: 41 (High confidence)

Component	Value	Rank	Weight	Adds
10-year restaurant growth	0	35	35%	+12.3
Restaurants per 10,000 residents (lower = more room)	57.5	8	25%	+2.0
Population (ACS)	1,912	44	20%	+8.8
Median household income (ACS)	119,038	90	20%	+18.0

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

Market Momentum Score: 34 (High confidence)

Component	Value	Rank	Weight	Adds
5-year restaurant growth	0	42	50%	+20.9
10-year restaurant growth	0	35	30%	+10.5
20-year restaurant growth	-21.4	13	20%	+2.6

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 (23)

By cuisine

Coffee 6 · American 5 · Bakery 4 · Dessert 4 · Pizza 3 · Asian 2 · Burgers 2 · Chinese 2 · Sandwiches 2 · BBQ 1 · Ice cream / frozen desserts 1 · Japanese 1 · Juice / smoothies 1 · Mexican 1 · Steakhouse 1 · Sushi 1

By type

Restaurant (service type not stated) 11 · Bakery 6 · Coffee shop 6 · Quick service 5 · Dessert 4 · Café 3 · Bar 2 · Casual dining 1 · Specialty food shop 1 · Juice, smoothie, tea 1

Name	Type	Cuisine	Address	Status
Alaina’s Coffee + Kitchen - Richmond	Coffee shop · Restaurant (service type not stated) · Café	Coffee	93 Kingstown Rd	open
Bali Village Restaurant	Restaurant (service type not stated)	Chinese · Asian	1172 Main St	open
Black Sheep Barbecue	Restaurant (service type not stated)	BBQ · American	1159 Main St	open
Celebrated	Bakery	Bakery	5 Stilson Rd	open
Double Barrel Steak	Restaurant (service type not stated)	Steakhouse · American	1 Preserve Blvd	open
Dragon Palace	Restaurant (service type not stated)	Chinese · Sushi · Japanese · Asian	1210 Main St	open
Dunkin' Dunkin'	Coffee shop · Bakery · Quick service · Dessert	Dessert · Coffee	418 Kingstown Rd	open
Dunkin' Dunkin'	Bakery · Juice, smoothie, tea · Dessert · Coffee shop	Dessert · Juice / smoothies · Coffee	26 Kingstown Rd	open
Dunkin' Dunkin'	Bakery · Dessert · Coffee shop	Dessert · Coffee · Bakery	1214 Main St	open
Ernie T's	Bar		1219 Main St	open
Higher Grounds Coffee	Coffee shop · Café · Bakery	Coffee · Bakery	39 Kingstown Rd	open
Kingston Pizza of Richmond	Restaurant (service type not stated)	Pizza	54 RICHMOND TOWNHOUSE, Ste A	open
Lickety Splits Ice Cream Shop	Dessert	Ice cream / frozen desserts · Dessert	39 Kingstown Rd	open
McDonald's McDonald's	Quick service	Burgers · American	14 Kingstown Rd	open
Richmond Market	Specialty food shop · Quick service	Sandwiches	5 Kingstown Rd	open
Starbucks Coffee Company Starbucks	Coffee shop · Café · Bakery	Coffee · Bakery	1 Stilson Rd	open
Subway Subway	Quick service · Restaurant (service type not stated)	Sandwiches	1190 Main St Unit 302	open
Taco Republic	Restaurant (service type not stated)	Mexican	5 Stilson Rd	open
Town Pizza II	Restaurant (service type not stated)	Pizza · American	18 Kingstown Rd	open
Village Pizza	Restaurant (service type not stated)	Pizza	1203 Main St	open
Wendy's	Quick service · Restaurant (service type not stated)	Burgers	1 Stilson Rd	open
Wood River Bar & Grill	Casual dining · Bar	American	1139 Main St	open
Bliss Coffee House	Coffee shop	Coffee	12 Stilson Rd	closed

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	10	10	—	—	—	—	SIC1987
1995	10	10	—	—	—	—	SIC1987
1996	9	9	—	—	—	—	SIC1987
1997	10	10	—	—	—	—	SIC1987
1998	12	10	4	4	1	1	NAICS1997
1999	13	11	3	5	2	1	NAICS1997
2000	12	10	3	5	2	1	NAICS1997
2001	12	10	4	5	1	1	NAICS1997
2002	15	13	4	7	2	1	NAICS1997
2003	14	14	6	5	3	—	NAICS2002
2004	13	13	4	5	4	—	NAICS2002
2005	14	14	3	6	5	—	NAICS2002
2006	13	13	2	6	5	—	NAICS2002
2007	13	13	2	6	5	—	NAICS2002
2008	12	12	2	6	4	—	NAICS2007
2009	11	11	1	6	4	—	NAICS2007
2010	12	12	2	6	4	—	NAICS2007
2011	11	11	2	6	3	—	NAICS2007
2012	11	11	2	6	3	—	NAICS2012
2013	11	11	2	6	3	—	NAICS2012
2014	11	11	3	5	3	—	NAICS2012
2015	12	12	4	4	4	—	NAICS2012
2016	12	12	4	4	4	—	NAICS2012
2017	12	12	4	4	4	—	NAICS2017
2018	11	11	4	3	4	—	NAICS2017
2019	10	10	3	3	4	—	NAICS2017
2020	11	10	3	3	4	—	NAICS2017
2021	12	12	4	3	5	—	NAICS2017
2022	10	10	4	—	4	—	NAICS2022
2023	11	11	4	3	4	—	NAICS2022

U.S. Census Bureau, ZIP Code Business Patterns, by USPS ZIP 02898. 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
02812	2.8 mi	1	2015
02832	3.2 mi	5	2023
02892	3.7 mi	5	2023
02875	4.3 mi	1	2012

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