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Economy in Rhode Island

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

EconomyRhode Island, RIUnited States
Unemployment Rate10.50%8.60%
Recent Job Growth-2.52%0.35%
Future Job Growth24.46%32.10%
Sales Taxes7.00%5.00%
Income Taxes3.75%4.70%
Income per Cap.$27,537$26,154
Household Income$52,757$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.51%12.37%
Income between 15K and 25K10.24%10.53%
Income between 25K and 35K9.67%10.88%
Income between 35K and 50K14.19%15.37%
Income between 50K and 75K19.68%20.14%
Income between 75K and 100K13.40%12.41%
Income between 100K and 150K12.46%11.27%
Income between 150K and 250K4.94%5.01%
Income between 250K and 500K1.75%1.86%
Income greater than 500K0.16%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.68%14.04%
Professional and Related Occupations21.76%20.61%
Service15.48%14.45%
Sales and Office27.10%26.75%
Farming, Fishing, and Forestry0.36%0.70%
Construction, Extraction, and Maintenance7.73%9.42%
Production, Transportation, and Material Moving14.90%14.05%


Median Household Income

The unemployment rate in Rhode Island, RI, is 10.50%, with job growth of -2.52%. Future job growth over the next ten years is predicted to be 24.46%.

Rhode Island, RI Taxes

Rhode Island, RI,sales tax rate is 7.00%. Income tax is 3.75%.

Rhode Island, RI Income and Salaries

The income per capita is $27,537, which includes all adults and children. The median household income is $52,757.


Rhode Island Economy SperlingViews

Jobs: Rhode Island has one of the highest unemployment rates and a shrinking... (read more)Four Seasons: Definitely four distinct seasons. Spring is beautiful, summer is perfect, fall is beautiful and winters are very... (read more)Winter weather and taxes population: We just got 22" of snow before the season had officially started. Taxes would be a burden for a retired couple as well as the winters......one winter we got over 110"... (read more)Have an opinion about Rhode Island? Leave a commentTo See All SperlingViews for Rhode Island Click Here