Barrington, RI is a pleasant town located in the northeastern US and offers excellent amenities for residents. The two bedroom rent in Barrington is $1,900 which is higher than the national average of $1,430. The Grocery Cost Index in Barrington is 109 compared with the US index of 100; this indicates that it is more expensive to buy groceries here than elsewhere in the country. Despite this, Barrington offers a variety of desirable attractions such as local businesses like Barrington Books and BankNewport. The cost of living in Barrington may be higher than other areas, but it’s worth it for those seeking quality amenities and a pleasant atmosphere.
Barrington has an unemployment rate of 5.9%. The US average is 6.0%.
Barrington has seen the job market decrease by -8.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Barrington
- The Sales Tax Rate for Barrington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Barrington 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 Barrington
- The average income of a Barrington resident is $69,917 a year. The US average is $37,638 a year.
- The Median household income of a Barrington resident is $130,455 a year. The US average is $69,021 a year.