Pascoag, RI Economy


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Pascoag, RI is a small town located in Providence County, Rhode Island. It has a population of just over 2,000 people. Despite its size, Pascoag is known for its vibrant economy and affordable cost of living. Two-bedroom rent in the area is an average $1,280 per month compared to the national average of $1,430. Groceries are also much cheaper than the US average with a grocery cost index of 106 versus 100 in the US. Businesses like Pascoag Prints and Uno Pizzeria & Grill are popular among locals for providing quality services at reasonable prices. Overall, Pascoag is an ideal location for those looking for a laid-back lifestyle with plenty of economic opportunities.

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

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

Tax Rates for Pascoag
- The Sales Tax Rate for Pascoag is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pascoag 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 Pascoag
- The average income of a Pascoag resident is $37,824 a year. The US average is $37,638 a year.
- The Median household income of a Pascoag resident is $89,624 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPascoag, Rhode IslandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Pascoag
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I’ve lived in Pascoag for 40 years. We built our home here in 1979. Our hopes were that we would have a family farm (on 6 acres) while we both worked. We both had to  More

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The town is very unique in its character. Sadly, the whole NW region of RI is economically and culturally depressed. Also, a large power plant is scheduled to be  More

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