What Is The Average Household Income In Providence Ri?

$49,065.
Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 24.1
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $49,065
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $28,733

What is high income in RI?

Average Household Income: $92,427. Per Capita Income: $37,504. 7.7% of Households in Rhode Island are High Income Households that make over $200,000 a year.

What is a good salary in Rhode Island?

Above Average Salary in Rhode Island

Annual Salary Weekly Pay
Top Earners $80,305 $1,544
75th Percentile $65,247 $1,254
Average $61,327 $1,179
25th Percentile $32,122 $617

Is Providence a rich city?

Jamestown, located west of Newport, is actually the richest community in the state. Other notable affluent areas include Barrington and East and West Greenwich.
Rhode Island counties ranked by per capita income.

County Providence
Per capita income $25,169
Median household income $48,500
Median family income $61,265

Is Providence a poor city?

PROVIDENCE – In a recent study, a national research and policy nonprofit found that Providence ranks among the U.S. cities with the highest concentrations of poverty, and a major part of the solution lies in supporting small businesses and those owned by people of color.

What is a good salary in Providence RI?

A good salary in Providence, RI is anything over $48,000. That’s because the median income in Providence is $48,000, which means if you earn more than that you’re earning more than 50% of the people living in Providence. The average salary in Providence is $58,611. A good hourly wage in Providence is $23.08 per hour.

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What is middle class income in Rhode Island?

How much you have to earn to be middle class in every state

State Middle-class income Median household income
Rhode Island $62,691 $71,169
Arizona $61,699 $62,055
Delaware $60,015 $70,176
Montana $59,496 $57,153

What is the cost of living in Providence Rhode Island?

Providence cost of living is 105.1

COST OF LIVING Providence Rhode Island
Grocery 105.1 106.5
Health 84.4 81.9
Housing 91 123.4
Median Home Cost $294,500 $375,800

What is the median salary in RI?

Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 25.3 26.9
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $70,305 $64,994
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $37,504 $35,384

What is the average cost of living in Rhode Island?

An amount below 100 means Rhode Island is cheaper than the US average. A cost of living index above 100 means Rhode Island, Rhode Island is more expensive.
Rhode Island cost of living is 110.6.

COST OF LIVING Rhode Island United States
Grocery 106.5 100
Health 81.9 100
Housing 123.4 100
Median Home Cost $375,800 $291,700

What is the poorest town in RI?

Here Are The 10 Poorest Cities In Rhode Island

  • Central Falls – pop. 19,328. Flickr/C Hanchey.
  • Providence – pop. 179,207. Flickr/Doug Kerr.
  • Pawtucket – pop. 71,148 (2010) Flickr/Doug Kerr.
  • Woonsocket – pop. 41,186.
  • Pascoag – pop. 4, 577 (2010)
  • East Providence – pop. 47,037 (2010)
  • Cranston – pop. 80,387.
  • Westerly – pop. 22,787.

What is the nicest part of Rhode Island?

The Most Beautiful Towns in Rhode Island

  • Newport. Museum. View.
  • Block Island. Natural Feature. View.
  • Bristol. Historical Landmark. View.
  • Jamestown. Natural Feature. View.
  • Tiverton. Natural Feature. View.
  • Westerly. Architectural Landmark. View.
  • South Kingstown. Natural Feature. View.
  • Middletown. Natural Feature. View. © Mira / Alamy.
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Is Rhode Island the poorest state?

Economic Outlook Rank
Rhode Island is currently ranked 40th in the United States for its economic outlook.

How much do teachers make in Rhode Island?

According to the National Education Association, Rhode Island’s average teacher salary is $66,758, which places it at 10th in the country. The state’s average starting salary is $41,869, according to the latest NEA data.

How many billionaires are in RI?

Table

Rank by number of billionaires (9/15/20) State or federal district Billionaires/ State’s 10M pop. (7/19 census) (9/15/20)
31 Kansas 6.87
31 Oregon 4.74
45 New Hampshire 0.00
36 Rhode Island 9.44

Is Providence RI A good place to live?

Providence is one of the top 25 best places to live on the East Coast, thanks to its expanding job opportunities. With an unemployment rate of 3.2% and major employers like Roger Williams Medical Center, Citizens Financial Group, and Textron, finding a new career here is easy.

What is considered poverty level in RI?

The poverty line is $24,860 for a family of four. 12.9% of Rhode Island residents live in poverty.

Is Rhode Island cheap to live in?

The cost of living is 9% lower than the state average and the cost of housing is 17% lower than the national average. Woonsocket is the 6th largest city in Rhode Island. The cost of living in this vibrant community is 9% lower than the state average.

What is minimum wage in Rhode Island?

12.25
State Minimum Wage Rate for Rhode Island (STTMINWGRI) Download

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2022: 12.25
2020: 10.50
2019: 10.50
2018: 10.10
View All

What salary is upper class?

A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.

What is the safest city in Rhode Island?

Here are the 10 Safest Cities in Rhode Island for 2022

  • Cumberland.
  • Smithfield.
  • Coventry.
  • North Providence.
  • North Kingstown.
  • Warwick.
  • Cranston.
  • Westerly.