Zip 02865 (Lincoln, RI) Economy


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Lincoln, Rhode Island (Zip Code 02865) is a small city located in Providence County. It is home to numerous local businesses such as Tasca Ford Lincoln, Lincoln Fire Department, and Ocean State Credit Union. The median rent for 2-bedroom apartments in Lincoln is $1,770 which is higher than the US national average of $1,430. Additionally, the Grocery Cost Index (GCI) of 107 in Lincoln suggests that groceries are more expensive compared to other locations with a GCI of 100.

Lincoln (zip 02865) has an unemployment rate of 6.5%. The US average is 6.0%.

Lincoln (zip 02865) 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 31.2%, which is lower than the US average of 33.5%.

Tax Rates for Lincoln (zip 02865)
- The Sales Tax Rate for Lincoln (zip 02865) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lincoln (zip 02865) 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 Lincoln (zip 02865)
- The average income of a Lincoln (zip 02865) resident is $47,315 a year. The US average is $37,638 a year.
- The Median household income of a Lincoln (zip 02865) resident is $103,934 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincoln, 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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