West Greenwich, RI Economy


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West Greenwich, RI is a small town located in the south of Rhode Island. It is home to less than 10,000 people and has a cost of living that is slightly higher than the US average. The 2 bedroom rent rate in West Greenwich is $2,130, which is significantly higher than the US average of $1,430. The grocery cost index for West Greenwich is 107 versus 100 for the US.
Local companies in West Greenwich include health care provider South County Health; Mckinney Drilling Inc., a well drilling and water pump service; and B & K Lumber Products, Inc., a lumber manufacturing company. There are also several small businesses located throughout town such as local restaurants, flower shops, and art galleries.

West Greenwich has an unemployment rate of 7.9%. The US average is 6.0%.

West Greenwich 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 West Greenwich
- The Sales Tax Rate for West Greenwich is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Greenwich 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 West Greenwich
- The average income of a West Greenwich resident is $32,646 a year. The US average is $28,555 a year.
- The Median household income of a West Greenwich resident is $126,402 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Greenwich, Rhode IslandUnited States
  7.96
  -8.8%-6.2%
  30.5%33.5%
  7.0%6.2%
  3.8%4.6%
  $44,457$37,638
  $126,402$69,021
  $122,674$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.6%6.8%
  10.9%10.0%
  0.8%2.5%
  7.8%11.0%
  4.0%4.8%
  0.4%0.8%
  1.1%1.9%
  7.7%4.7%
  0.5%1.9%
  9.7%7.6%
  1.2%0.1%
  7.3%4.2%
  8.9%9.3%
  15.6%14.0%
  3.7%2.1%
  5.7%7.0%
  3.6%4.8%
  3.4%4.7%
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Since West Greenwich, RI is a relatively small community with approximately 6,400 residents, we share our school system with our neighboring town, Exeter. As the economy  More

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