Burrillville, RI is a quaint town located in the northernmost part of the state. It has a population of around 15,000 which makes it an ideal place for those looking for a peaceful atmosphere. The average rent for a two bedroom apartment is $1,350 compared to the nation's average of $1,430 making it an attractive option for people on a budget. The Grocery Cost Index in Burrillville is 106 versus 100 in the US giving local residents more purchasing power with their money.
The town boasts many businesses and services including grocery stores like Stop N Shop and Super Stop & Shop. Other popular establishments include Big Apple Pizza, Russo's Liquor Store, and Grello's Auto Repair. These companies provide jobs to many local residents as well as goods and services to meet their needs. Similarly, there are several banks such as BankRI and Citizens Bank that offer financial options to locals.
Overall, Burrillville’s economy is thriving due to its close proximity to nearby towns such as Smithfield and North Smithfield. In addition, its close-knit community provides added safety and support that encourages more people to move into the area who can contribute significantly to its economic growth.
Burrillville has an unemployment rate of 7.7%. The US average is 6.0%.
Burrillville 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 30.9%, which is lower than the US average of 33.5%.
Tax Rates for Burrillville
- The Sales Tax Rate for Burrillville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Burrillville 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 Burrillville
- The average income of a Burrillville resident is $31,598 a year. The US average is $28,555 a year.
- The Median household income of a Burrillville resident is $96,824 a year. The US average is $69,021 a year.