Greene, RI Economy


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Greene, Rhode Island is a small town located in the southwestern part of the state. It is home to several family-owned businesses such as Greene Grocery, Greenwood Farm, and Wetherby custom builders. The cost of living in Greene is slightly higher than the US average with rent for a 2 bedroom being $2160 compared to the national average of $1430. The grocery cost index is 106 compared to 100 in the US which further indicates that Greene has a slightly higher cost of living than other parts of the country.

Greene has an unemployment rate of 6.6%. The US average is 6.0%.

Greene 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 30.5%, which is lower than the US average of 33.5%.

Tax Rates for Greene
- The Sales Tax Rate for Greene is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greene 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 Greene
- The average income of a Greene resident is $35,296 a year. The US average is $28,555 a year.
- The Median household income of a Greene resident is $89,007 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreene, Rhode IslandUnited States
  6.66
  -8.8%-6.2%
  30.5%33.5%
  7.0%6.2%
  3.8%4.6%
  $33,175$37,638
  $89,007$69,021
  $89,330$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  1.0%6.8%
  8.1%10.0%
  9.8%2.5%
  17.5%11.0%
  9.2%4.8%
  1.3%0.8%
  0.0%1.9%
  1.0%4.7%
  3.1%1.9%
  0.0%7.6%
  0.0%0.1%
  1.5%4.2%
  12.3%9.3%
  17.1%14.0%
  2.9%2.1%
  9.4%7.0%
  1.3%4.8%
  3.5%4.7%
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