North Providence, RI Economy


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North Providence, RI is a great place to live with affordable rent and cost of living. The average two bedroom rent is $1,400 which is slightly lower than the US average of $1,430. Grocery costs index in North Providence also averages 105 compared to 100 in the US. North Providence has a variety of businesses, restaurants and attractions for residents to enjoy such as the local hardware store Valley Hardware & Supply Co., downtown restaurants like Capriccio's Bar & Grill or The Greek Corner Restaurant, and attractions like the beautiful Lonsdale Park.

North Providence has an unemployment rate of 7.7%. The US average is 6.0%.

North Providence 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 29.8%, which is lower than the US average of 33.5%.

Tax Rates for North Providence
- The Sales Tax Rate for North Providence is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Providence 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 North Providence
- The average income of a North Providence resident is $29,837 a year. The US average is $28,555 a year.
- The Median household income of a North Providence resident is $68,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Providence, Rhode IslandUnited States
  7.76
  -8.8%-6.2%
  29.8%33.5%
  7.0%6.2%
  3.8%4.6%
  $35,843$37,638
  $68,821$69,021
  $82,117$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  4.5%6.8%
  6.3%10.0%
  2.7%2.5%
  14.1%11.0%
  4.9%4.8%
  0.1%0.8%
  0.8%1.9%
  4.8%4.7%
  2.7%1.9%
  7.4%7.6%
  0.0%0.1%
  2.5%4.2%
  11.9%9.3%
  17.6%14.0%
  3.2%2.1%
  7.0%7.0%
  6.0%4.8%
  3.3%4.7%
Health
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