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Economy in New Shoreham, Rhode Island

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNew Shoreham, RIUnited States
Unemployment Rate27.00%9.10%
Recent Job Growth-2.77%-0.12%
Future Job Growth7.46%31.25%
Sales Taxes7.00%6.80%
Income Taxes9.90%6.25%
Income per Cap.$38,569$27,067
Household Income$59,273$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K8.50%12.10%
Income between 15K and 25K9.92%10.18%
Income between 25K and 35K10.53%10.56%
Income between 35K and 50K13.97%14.98%
Income between 50K and 75K18.83%19.53%
Income between 75K and 100K12.96%12.52%
Income between 100K and 150K14.78%12.14%
Income between 150K and 250K5.26%3.91%
Income between 250K and 500K4.25%3.34%
Income greater than 500K1.01%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.96%13.81%
Professional and Related Occupations19.61%22.68%
Service12.54%14.51%
Sales and Office25.80%25.22%
Farming, Fishing, and Forestry0.35%0.68%
Construction, Extraction, and Maintenance21.73%9.37%
Production, Transportation, and Material Moving4.77%15.86%
Median Household Income

The unemployment rate in New Shoreham, RI, is 27.00%, with job growth of -2.77%. Future job growth over the next ten years is predicted to be 7.46%.

New Shoreham, RI Taxes

New Shoreham, RI,sales tax rate is 7.00%. Income tax is 9.90%.

New Shoreham, RI Income and Salaries

The income per capita is $38,569, which includes all adults and children. The median household income is $59,273.


New Shoreham Economy SperlingViews

mill rate: the tax rate you show for Block Island is way off the mill rate for 2008 is $3.49 and we tax at 80% of assessed... (read more)Have an opinion about New Shoreham? Leave a commentTo See All SperlingViews for New Shoreham Click Here

New Shoreham General SperlingViews

mill rate: the tax rate you show for Block Island is way off the mill rate for 2008 is $3.49 and we tax at 80% of assessed... (read more)Have an opinion about New Shoreham? Leave a commentTo See All SperlingViews for New Shoreham Click Here