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Economy in Rhode Island

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Economy
EconomyRhode Island, RIUnited States
Unemployment Rate11.50%9.10%
Recent Job Growth-0.87%-0.12%
Future Job Growth26.76%31.25%
Sales Taxes7.00%6.80%
Income Taxes9.90%6.25%
Income per Cap.$28,919$27,067
Household Income$55,781$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K12.78%12.10%
Income between 15K and 25K10.10%10.18%
Income between 25K and 35K9.28%10.56%
Income between 35K and 50K13.32%14.98%
Income between 50K and 75K18.90%19.53%
Income between 75K and 100K13.98%12.52%
Income between 100K and 150K13.18%12.14%
Income between 150K and 250K4.68%3.91%
Income between 250K and 500K3.09%3.34%
Income greater than 500K0.70%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.96%13.81%
Professional and Related Occupations25.20%22.68%
Service15.04%14.51%
Sales and Office25.56%25.22%
Farming, Fishing, and Forestry0.27%0.68%
Construction, Extraction, and Maintenance7.90%9.37%
Production, Transportation, and Material Moving15.11%15.86%
Median Household Income

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