02909 Providence, RI is an ideal place to live for those wanting an affordable and accessible urban lifestyle. It's two bedroom rent is just $1,360, which is significantly lower than the US average of $1,430. In addition to affordable housing, grocery costs are also very reasonable in 02909 Providence, RI as the Grocery Cost Index is 104 versus the US average of 100. The city has a rich culture with numerous local attractions such as the Rhode Island School of Design Museum and WaterFire Providence. It's also home to popular local companies such as CVS Pharmacy and Citizens Bank. Living in 02909 Providence, RI provides an excellent balance between cost-effectiveness and great amenities.
Providence (zip 02909) has an unemployment rate of 8.6%. The US average is 6.0%.
Providence (zip 02909) 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 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Providence (zip 02909)
- The Sales Tax Rate for Providence (zip 02909) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Providence (zip 02909) 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 Providence (zip 02909)
- The average income of a Providence (zip 02909) resident is $15,379 a year. The US average is $28,555 a year.
- The Median household income of a Providence (zip 02909) resident is $52,232 a year. The US average is $69,021 a year.