Rhode Island 

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Economy in Rhode Island

Rhode Island has an unemployment rate of 4.1%. The US average is 3.9%.

Rhode Island 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 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Rhode Island
- The Sales Tax Rate for Rhode Island is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rhode Island is 3.8%. The US average is 4.6%.

Income and Salaries for Rhode Island
- The average income of a Rhode Island resident is $30,765 a year. The US average is $28,555 a year.
- The Median household income of a Rhode Island resident is $56,423 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYRhode Island, Rhode IslandUnited States
  Unemployment Rate4.1%3.9%
  Recent Job Growth1.5%1.6%
  Future Job Growth30.1%33.5%
  Sales Taxes7.0%7.3%
  Income Taxes0.03750.046
  Income per Cap.$33,315$31,177
  Household Income$61,043$57,652
  Family Median Income$79,043$70,850
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.4%1.3%
  Mining, quarrying, oil and gas extraction0.0%0.6%
  Construction5.2%6.2%
  Manufacturing10.9%10.4%
  Wholesale trade2.6%2.7%
  Retail trade12.0%11.6%
  Transportation and warehousing3.1%4.1%
  Utilities00
  Information1.6%2.1%
  Finance and insurance5.2%4.7%
  Real estate, rental, leasing1.6%1.9%
  Professional, scientific, technical services5.8%6.7%
  Management of companies0.1%0.1%
  Administrative, support, waste mgt svcs3.8%4.3%
  Educational services11.0%9.3%
  Health care and social assistance16.3%13.8%
  Arts, entertainment, recreation2.5%2.2%
  Accommodation, food services8.4%7.4%
  Other services4.6%4.9%
  Public administration4.3%4.8%
ECONOMY MAP
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    Reviews for Rhode Island    31 Reviews
    kid - 12/10/2017
    ltfdfiyfi.;tdluitflyutdl... Read More

    Start Your Review of Rhode Island


    Make it or break it - 12/10/2017
    Not the best type for me i am more a C.A dude... Read More

    BEAUTIFUL BUT EXPENSIVE - 6/6/2015
    RHODE ISLAND HAS BEAUTIFUL OCEAN BEACHES, OUTSTANDING COLONIAL ARCHECTURE AND GREAT NATURAL BEAUTY OUTSIDE THE MAJOR METROPOLITAN AREAS. WITHIN THE CITIES, WELL-KEPT... Read More


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