Zip 02825 (Foster, RI) Economy


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Located in Foster, Rhode Island, 02825 is a great place to live. With a population of 6,907 people in 2019 according to the US Census Bureau, there is plenty to do or explore in this community. Rent for two bedroom homes in Foster averages $1,530 per month compared to the nation’s average of $1,430. Additionally, grocery costs in this area are rated at 107 on the index versus a national average of 100. There are several notable companies here including REO Logistics Inc., Ocean State Secure Shredding LLC, and Johnson & Wales University. All of this makes 02825 Foster an excellent place to live and work with plenty to offer its residents!

Foster (zip 02825) has an unemployment rate of 7.7%. The US average is 6.0%.

Foster (zip 02825) 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 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Foster (zip 02825)
- The Sales Tax Rate for Foster (zip 02825) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Foster (zip 02825) 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 Foster (zip 02825)
- The average income of a Foster (zip 02825) resident is $37,440 a year. The US average is $37,638 a year.
- The Median household income of a Foster (zip 02825) resident is $97,651 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFoster, Rhode IslandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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