Pawtucket, Rhode Island (02861) is a great place to live as it offers affordable two bedroom rent of $1,370 compared to the US 2 bedroom rent of $1,430. Furthermore, grocery cost index in this area is 105 which is relatively higher in comparison to the national average of 100. The city also offers variety of entertainment and recreation opportunities with several companies offering local services such as McCoy Stadium for baseball fans or Slater Memorial Park for nature lovers. Pawtucket has a rich history and it is home to many businesses such as Hasbro Global Headquarters, Gateways Automotive Group and Big River Manufacturing. Additionally, the city has plenty of shopping centers like The Shopper's Square where one can find everything from clothes to kitchen appliances.
Pawtucket (zip 02861) has an unemployment rate of 8.2%. The US average is 6.0%.
Pawtucket (zip 02861) 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 28.9%, which is lower than the US average of 33.5%.
Tax Rates for Pawtucket (zip 02861)
- The Sales Tax Rate for Pawtucket (zip 02861) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pawtucket (zip 02861) 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 Pawtucket (zip 02861)
- The average income of a Pawtucket (zip 02861) resident is $24,435 a year. The US average is $28,555 a year.
- The Median household income of a Pawtucket (zip 02861) resident is $73,285 a year. The US average is $69,021 a year.