Watch Hill, RI Economy


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Watch Hill, RI is a quaint seaside town with stunning views of beautiful beaches. With its small-town charm and luxury lifestyle, Watch Hill is the perfect place to call home. The rent for a two bedroom apartment is slightly more expensive than the US average at $1,550; however, grocery costs in Watch Hill are 7% higher than the national average. Watch Hill offers locals plenty of places to shop and dine locally. Popular stores such as Bling on Main Street and The Beach Wheelchair Co., along with quality restaurants like Ocean House Dining Room & Pizza Napoli make it easy to find something for everyone living in the area. Some advantages to living in Watch Hill include access to beautiful beaches year-round and its convenient location close to bigger cities like Providence.

Watch Hill has an unemployment rate of 6.5%. The US average is 6.0%.

Watch Hill has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Watch Hill
- The Sales Tax Rate for Watch Hill is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Watch Hill 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 Watch Hill
- The average income of a Watch Hill resident is $169,126 a year. The US average is $28,555 a year.
- The Median household income of a Watch Hill resident is $122,931 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWatch Hill, Rhode IslandUnited States
  6.56
  -9.5%-6.2%
  30.2%33.5%
  7.0%6.2%
  3.8%4.6%
  $150,770$37,638
  $122,931$69,021
Family Median Income 85028
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