Economy in Rhode Island
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Economy
| Unemployment Rate | 11.50% | 9.10% |
| Recent Job Growth | -0.87% | -0.12% |
| Future Job Growth | 26.76% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 9.90% | 6.25% |
| Income per Cap. | $28,919 | $27,067 |
| Household Income | $55,781 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.78% | 12.10% |
| Income between 15K and 25K | 10.10% | 10.18% |
| Income between 25K and 35K | 9.28% | 10.56% |
| Income between 35K and 50K | 13.32% | 14.98% |
| Income between 50K and 75K | 18.90% | 19.53% |
| Income between 75K and 100K | 13.98% | 12.52% |
| Income between 100K and 150K | 13.18% | 12.14% |
| Income between 150K and 250K | 4.68% | 3.91% |
| Income between 250K and 500K | 3.09% | 3.34% |
| Income greater than 500K | 0.70% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 12.96% | 13.81% |
| Professional and Related Occupations | 25.20% | 22.68% |
| Service | 15.04% | 14.51% |
| Sales and Office | 25.56% | 25.22% |
| Farming, Fishing, and Forestry | 0.27% | 0.68% |
| Construction, Extraction, and Maintenance | 7.90% | 9.37% |
| Production, Transportation, and Material Moving | 15.11% | 15.86% |
The unemployment rate in Rhode Island, RI, is 11.50%, with job growth of -0.87%. Future job growth over the next ten years is predicted to be 26.76%.
Rhode Island, RI Taxes
Rhode Island, RI,sales tax rate is 7.00%. Income tax is 9.90%.
Rhode Island, RI Income and Salaries
The income per capita is $28,919, which includes all adults and children. The median household income is $55,781.
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