Narragansett, RI is a coastal town located in Washington County. It's well known for its pristine beaches and peaceful atmosphere. The cost of living in Narragansett is relatively high compared to the national cost of living index; 2 bedroom rent averages around $1,860 compared to the US average of $1,430, and the Grocery Cost Index in Narragansett is 110 versus 100 in the US. Despite this however, Narragansett is a great place to live with plenty of opportunities for entertainment and work. Notable companies include Ocean State Construction Services Inc., Blount Seafood Corporation, and Vista Blue Technologies. There are also many amenities such as schools, hospitals, restaurants, stores and more to make living here enjoyable. Overall Narragansett is a perfect location for anyone looking for a small-town feel with access to all modern amenities.
Narragansett has an unemployment rate of 4.4%. The US average is 6.0%.
Narragansett 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 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Narragansett
- The Sales Tax Rate for Narragansett is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Narragansett 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 Narragansett
- The average income of a Narragansett resident is $40,590 a year. The US average is $28,555 a year.
- The Median household income of a Narragansett resident is $82,532 a year. The US average is $69,021 a year.