West Warwick, RI Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
West Warwick, RI is known for its vibrant culture and community atmosphere. Located in Kent County, it has a population of almost 30 thousand people. With affordable housing costs, West Warwick is an ideal place to live for families and individuals alike. The average 2 bedroom rental price in West Warwick is around $1,540 per month while the US average is just under $1,430. The grocery cost index in West Warwick stands at 105 compared to 100 elsewhere throughout the US. In terms of local businesses, West Warwick has many large companies such as CVS Health Corporation and FM Global that help contribute to the local economy. This makes it an attractive place to live for those seeking a job with excellent pay and benefits. In conclusion, West Warwick offers a cost of living lower than the national average and plenty of opportunities for work which makes it an attractive place to live or visit.

West Warwick has an unemployment rate of 6.6%. The US average is 6.0%.

West Warwick 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 30.5%, which is lower than the US average of 33.5%.

Tax Rates for West Warwick
- The Sales Tax Rate for West Warwick is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Warwick 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 West Warwick
- The average income of a West Warwick resident is $27,300 a year. The US average is $28,555 a year.
- The Median household income of a West Warwick resident is $62,649 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Warwick, Rhode IslandUnited States
  6.66
  -8.8%-6.2%
  30.5%33.5%
  7.0%6.2%
  3.8%4.6%
  $36,148$37,638
  $62,649$69,021
  $80,699$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  6.2%6.8%
  12.6%10.0%
  2.7%2.5%
  15.4%11.0%
  4.3%4.8%
  1.2%0.8%
  1.5%1.9%
  5.2%4.7%
  1.2%1.9%
  5.3%7.6%
  0.0%0.1%
  3.1%4.2%
  7.7%9.3%
  15.2%14.0%
  1.0%2.1%
  9.3%7.0%
  3.8%4.8%
  4.1%4.7%
Health
Compare West Warwick, RI
cost of living
Compare food, housing, utilities, and more in West Warwick, Rhode Island to any other city in the US.