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Economy in Providence-New Bedford-Fall River Metro Area, Rhode Island

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyProvidence-New Bedford-Fall River, RIUnited States
Unemployment Rate10.20%8.60%
Recent Job Growth-1.88%0.35%
Future Job Growth26.04%32.10%
Sales Taxes7.00%5.00%
Income Taxes3.75%4.70%
Income per Cap.$27,456$26,154
Household Income$53,843$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.26%12.37%
Income between 15K and 25K10.31%10.53%
Income between 25K and 35K9.45%10.88%
Income between 35K and 50K13.82%15.37%
Income between 50K and 75K19.53%20.14%
Income between 75K and 100K13.86%12.41%
Income between 100K and 150K13.02%11.27%
Income between 150K and 250K4.95%5.01%
Income between 250K and 500K1.65%1.86%
Income greater than 500K0.15%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.47%14.04%
Professional and Related Occupations20.88%20.61%
Service15.32%14.45%
Sales and Office26.83%26.75%
Farming, Fishing, and Forestry0.34%0.70%
Construction, Extraction, and Maintenance8.36%9.42%
Production, Transportation, and Material Moving15.80%14.05%


Median Household Income

The unemployment rate in Providence-New Bedford-Fall River Metro Area, RI, is 10.20%, with job growth of -1.88%. Future job growth over the next ten years is predicted to be 26.04%.

Providence-New Bedford-Fall River Metro Area, RI Taxes

Providence-New Bedford-Fall River Metro Area, RI,sales tax rate is 7.00%. Income tax is 3.75%.

Providence-New Bedford-Fall River Metro Area, RI Income and Salaries

The income per capita is $27,456, which includes all adults and children. The median household income is $53,843.


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