Glocester, RI Economy


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Glocester, RI is an attractive place to live with its unique attractions and offerings. The median two bedroom rent in Glocester is $1,510, which is higher than the national average of $1,430. Additionally, the grocery cost index in Glocester is 106 versus 100 in the US. This means that groceries are more expensive in Glocester but not by much. Some popular local businesses include Herrmann’s Automotive Repair, Wagon Wheel Pizza and Grill, and Petals Floral Design Studio. All these businesses offer great products and services to locals as well as visitors who come to explore what Glocester has to offer. Comparatively speaking, Glocester's offerings are slightly more expensive than the national average; however they make up for it with highly rated service and products.

Glocester has an unemployment rate of 5.3%. The US average is 6.0%.

Glocester 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 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Glocester
- The Sales Tax Rate for Glocester is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Glocester 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 Glocester
- The average income of a Glocester resident is $33,721 a year. The US average is $28,555 a year.
- The Median household income of a Glocester resident is $97,753 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlocester, Rhode IslandUnited States
  5.36
  -8.8%-6.2%
  29.8%33.5%
  7.0%6.2%
  3.8%4.6%
  $39,743$37,638
  $97,753$69,021
  $108,125$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  8.4%6.8%
  8.3%10.0%
  3.6%2.5%
  9.6%11.0%
  2.8%4.8%
  1.0%0.8%
  1.9%1.9%
  5.5%4.7%
  1.5%1.9%
  6.5%7.6%
  0.8%0.1%
  3.8%4.2%
  10.9%9.3%
  14.2%14.0%
  0.6%2.1%
  6.1%7.0%
  6.9%4.8%
  6.9%4.7%
Reviews for Glocester
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Glocester is a cute little New England town, it looks like it was ripped from a Norman Rockwell painting. I mean, for most of the year there's not a lot going on but  More

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