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Economy in Cumberland, Rhode Island

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyCumberland, RIUnited States
Unemployment Rate10.40%9.10%
Recent Job Growth-1.09%-0.12%
Future Job Growth27.42%31.25%
Sales Taxes7.00%6.80%
Income Taxes9.90%6.25%
Income per Cap.$34,231$27,067
Household Income$71,101$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K6.58%12.10%
Income between 15K and 25K8.12%10.18%
Income between 25K and 35K7.86%10.56%
Income between 35K and 50K10.94%14.98%
Income between 50K and 75K19.35%19.53%
Income between 75K and 100K16.76%12.52%
Income between 100K and 150K17.54%12.14%
Income between 150K and 250K7.29%3.91%
Income between 250K and 500K4.46%3.34%
Income greater than 500K1.09%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.11%13.81%
Professional and Related Occupations26.15%22.68%
Service11.54%14.51%
Sales and Office24.97%25.22%
Farming, Fishing, and Forestry0.04%0.68%
Construction, Extraction, and Maintenance7.91%9.37%
Production, Transportation, and Material Moving14.60%15.86%
Median Household Income

The unemployment rate in Cumberland, RI, is 10.40%, with job growth of -1.09%. Future job growth over the next ten years is predicted to be 27.42%.

Cumberland, RI Taxes

Cumberland, RI,sales tax rate is 7.00%. Income tax is 9.90%.

Cumberland, RI Income and Salaries

The income per capita is $34,231, which includes all adults and children. The median household income is $71,101.


Cumberland Economy SperlingViews

Currently in Cumberland: Thanks for your web site. I find it interesting and useful. I have lived in Cumberland foe 20 years and really like it. I guess I would like many places in the US as... (read more)Kind of a mess right now...: Cumberland seems to be in a bit of a growth spurt and it doesn't quite know what to do about it! The high school is undergoing massive renovations (that have gone on... (read more)CUMBERLAND: Nice place but good jobs are scarce in Rhode Island. Being in the northeast and suffering through the cold is not good... (read more)Have an opinion about Cumberland? Leave a commentTo See All SperlingViews for Cumberland Click Here