Pawtucket, Rhode Island (02860) has a population of 71,148 and is located in Providence County. The average two bedroom rent in Pawtucket is $1,340 per month which is slightly lower than the US average of $1,430. The cost of living in this area is 4% higher than the US average with a Grocery Cost Index of 104.
Pawtucket houses several locally owned businesses such as Grapes & Grains Brew Supply, Atlantic Yarn Company and also an array of restaurants. The city boasts strong employment opportunities with some major companies like Hasbro Inc., CVS Health Corporate Office and Amica Mutual Insurance Co having their headquarters here. Despite being a little more expensive to live in than most places around the country, Pawtucket is worth considering for its many opportunities and attractions.
Pawtucket (zip 02860) has an unemployment rate of 8.2%. The US average is 6.0%.
Pawtucket (zip 02860) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.
Tax Rates for Pawtucket (zip 02860)
- The Sales Tax Rate for Pawtucket (zip 02860) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pawtucket (zip 02860) is 3.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pawtucket (zip 02860)
- The average income of a Pawtucket (zip 02860) resident is $19,457 a year. The US average is $28,555 a year.
- The Median household income of a Pawtucket (zip 02860) resident is $49,357 a year. The US average is $69,021 a year.