How Many Millionaires Are In Rhode Island?

This is a list of U.S. states and federal district by the number of households with more than $1 million in investable assets as of 2020 (data for the year 2019).


List.

Rank 44
State Rhode Island
Number of millionaire households 28,165
Share of millionaire households 6.69%

Who is the richest person in Rhode Island?

In Rhode Island, Jonathan Nelson, the one billionaire from the Ocean State to make the list, saw his fortune grow richer since 2021. Nelson, the founder and executive chairman of Providence Equity Partners, saw his net worth grow from $2 billion in 2021 to $2.2 billion in 2022.

How many billionaires are there in Rhode Island?

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

How many rich people live in Rhode Island?

This is the City in Rhode Island With the Most Billionaires

City with the most billionaires: Number of billionaires: Total billionaire net worth:
Oregon: Hillsboro 1 $51.6 billion
Pennsylvania: Philadelphia 3 $10.6 billion
Rhode Island: Providence 1 $2 billion
South Carolina: Charleston 1 $1.9 billion

Is Rhode Island a wealthy state?

Rhode Island is the 17th-wealthiest state in the United States of America, with a per capita income of $21,688 (2000) and a personal per capita income of $31,916 (2003).

What is the poorest city in Rhode Island?

Central Falls, Rhode Island
Central Falls is the poorest town in Rhode Island. The $28,901 median annual household income in Central Falls is less than half that of the Newport East area, the state’s next poorest town, where the typical household earns $59,680 a year.

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What celebrity lives in Rhode Island?

Taylor Swift and Conan O’Brien have both purchased homes in Rhode Island, though neither is from there.
Click through the list below to find out who, and see which other celebrities have Rhode Island connections.

  • Taylor Swift.
  • Seth MacFarlane.
  • Debra Messing.
  • James Woods.
  • Mena Suvari.
  • Lamar Odom.
  • Meredith Vieira.
  • Pauly D.

Which states have the most millionaires?

In 2020, California had the highest number of millionaire households in the U.S., with 1.14 million households having one million or more in investible assets. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number.

What is the average yearly income in Rhode Island?

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

Who was the 1st billionaire?

John D. Rockefeller was born in 1839. He started working at a young age and established Standard Oil Company in 1870. Eventually, this firm became one of the most powerful companies in history, making Rockefeller the first-ever billionaire on the planet when it was worth $1 billion in 1916.

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 considered a good salary in Rhode Island?

$2,676 is the 25th percentile. Salaries below this are outliers. $6,692 is the 90th percentile.
What are Top 10 Highest Paying Cities for Above Average Jobs in Rhode Island.

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City Warwick
Annual Salary $50,922
Monthly Pay $4,243
Weekly Pay $979
Hourly Wage $24.48

Is Rhode Island a poor state?

ARTICLE: Rhode Island is the Poorest New England State
The poverty rate in Rhode Island is higher than any other New England state.

What is the richest U.S. state?

Richest U.S. States by GDP

  1. 1. California. California, the nation’s most populous state, has the largest state GDP of $3,120,386,000. California’s median household income is $80,440, the sixth-highest in the U.S.
  2. Texas.
  3. New York.
  4. Florida.
  5. Illinois.

Which is poorest state in USA?

Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).

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.

Who is the largest employer in Rhode Island?

This statistic illustrates the leading companies headquartered in Rhode Island in 2020, by number of employees. In that year, CVS Health was the largest company headquartered in Rhode Island, employing about 295,000 people.

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.

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What is the poorest city in the USA?

Detroit, Michigan
According to this data, Detroit, Michigan is the poorest city in the United States with a median income of $27,838. The poverty rate in Detroit is 37.9% and the unemployment rate is 19.8%, the highest of anywhere else in the nation and more than five times higher than the national unemployment rate.

Where is Taylor Swift’s house in Rhode Island?

Swift purchased the Watch Hill, Rhode Island, house for $17.75 million (in cash, no less) back in 2013, and has since held numerous—very Instagrammed—Fourth of July parties there.

Who lives in the mansions in Newport RI?

Larry Ellison, the Oracle founder who is said to have spend more than $100 million renovating Beechwood, his home in Newport, Rhode Island. Ellison’s arrival in Newport coincides with two other famous faces buying property in the area: “Judge Judy” Sheindlin and comedian Jay Leno.