Warren, RI is a beautiful small town located in the state of Rhode Island. It has a population of just over 10,000 people and is known for its picturesque scenery and friendly atmosphere. The cost of living in Warren is relatively low compared to the rest of the US. For example, rent for a two bedroom apartment in Warren averages $1,340 per month whereas it's around $1,430 nationwide. Additionally, the grocery cost index in Warren is 106 compared to 100 nationwide.
The local business scene in Warren reflects its small-town charm. There are a variety of locally-owned restaurants such as Riverview Café & Bistro and Quito’s Restaurant and Bar that offer great food and atmosphere. Other local businesses include George’s Tire Center which provides quality auto care services and The New England Yankee Craftsman providing antiques and collectables from all over New England.
Warren has an unemployment rate of 7.5%. The US average is 6.0%.
Warren 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 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Warren
- The Sales Tax Rate for Warren is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Warren 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 Warren
- The average income of a Warren resident is $42,683 a year. The US average is $37,638 a year.
- The Median household income of a Warren resident is $75,755 a year. The US average is $69,021 a year.