Warwick, RI Economy


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Warwick, RI is a popular city located in Rhode Island and its population is estimated to be 82,672. The city offers an array of options for both locals and visitors alike. There is something for everyone from beaches to local attractions to excellent dining choices. The 2 Bedroom Rent in Warwick, RI is a bit higher than the US average at $1,620 compared to the US average of $1,430. The Grocery Cost Index in Warwick, RI is also higher than the US at 105 versus 100 in the US. Popular companies based in Warwick include Amica Mutual Insurance Company, Pacific Life Insurance Company and Apoxee.

Warwick has an unemployment rate of 6.0%. The US average is 6.0%.

Warwick has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Warwick
- The Sales Tax Rate for Warwick is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Warwick is 3.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Warwick
- The average income of a Warwick resident is $33,889 a year. The US average is $28,555 a year.
- The Median household income of a Warwick resident is $77,110 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWarwick, Rhode IslandUnited States
  66
  -8.8%-6.2%
  30.7%33.5%
  7.0%6.2%
  3.8%4.6%
  $41,476$37,638
  $77,110$69,021
  $97,033$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  5.7%6.8%
  10.0%10.0%
  2.5%2.5%
  10.8%11.0%
  5.0%4.8%
  1.0%0.8%
  2.1%1.9%
  7.3%4.7%
  1.4%1.9%
  7.3%7.6%
  0.3%0.1%
  2.8%4.2%
  9.8%9.3%
  16.3%14.0%
  1.9%2.1%
  6.5%7.0%
  4.4%4.8%
  4.6%4.7%
Reviews for Warwick
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Over 4 years ago

I currently live in Northern Warwick, and all I can say is the roads are horrible, its expensive to pay mortgage, and there are gangs. Abandoned buildings are a  More

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Over 12 years ago

I moved here 5 months ago from California for a job and I am loving it here. People are friendly, cost of living is better than in California, crime is low!  More

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On the overview of class room sizes that info is incorrect my son has 29 students in his class 6th grade last year in 5th grade he had 19 students never in the 5+ years  More

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