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Economy in Woonsocket, Rhode Island

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyWoonsocket, RIUnited States
Unemployment Rate12.90%9.10%
Recent Job Growth-1.40%-0.12%
Future Job Growth24.30%31.25%
Sales Taxes7.00%6.80%
Income Taxes9.90%6.25%
Income per Cap.$20,720$27,067
Household Income$39,673$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K20.06%12.10%
Income between 15K and 25K12.98%10.18%
Income between 25K and 35K11.79%10.56%
Income between 35K and 50K16.90%14.98%
Income between 50K and 75K18.34%19.53%
Income between 75K and 100K10.53%12.52%
Income between 100K and 150K6.89%12.14%
Income between 150K and 250K1.54%3.91%
Income between 250K and 500K0.82%3.34%
Income greater than 500K0.14%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.83%13.81%
Professional and Related Occupations17.50%22.68%
Service15.53%14.51%
Sales and Office26.43%25.22%
Farming, Fishing, and Forestry0.16%0.68%
Construction, Extraction, and Maintenance10.15%9.37%
Production, Transportation, and Material Moving22.42%15.86%
Median Household Income

The unemployment rate in Woonsocket, RI, is 12.90%, with job growth of -1.40%. Future job growth over the next ten years is predicted to be 24.30%.

Woonsocket, RI Taxes

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

Woonsocket, RI Income and Salaries

The income per capita is $20,720, which includes all adults and children. The median household income is $39,673.


Woonsocket Economy SperlingViews

Downtown Churches: The downtown churches are really starting to come back, led by St. Charles Borromeo at the north end of Main St - check it... (read more)Have an opinion about Woonsocket? Leave a commentTo See All SperlingViews for Woonsocket Click Here