Wakefield, Rhode Island (02879) is a small town located in the South County region of the state. It has a population of around 14,100 and is known for its picturesque coastal views and quaint downtown area. The average rent for a two-bedroom apartment in Wakefield is $1,680, slightly higher than the national average of $1,430. Additionally, the Grocery Cost Index in Wakefield is 108 versus 100 nationally.
One of the main attractions to Wakefield are its numerous local businesses which include restaurants such as Bricco Grill & Bar and Villa Pizza; shopping outlets like Armstrong's Wishes Gift Shoppe and Quonset View; and services such as Wickford Pilates Studio or Breezeway Builders LLC. Notable features of this charming town also include historic buildings like Old Narragansett Church and Tower Hill Botanical Gardens. With its many amenities and beautiful landscape, Wakefield makes for an ideal place to live or visit.
Wakefield (zip 02879) has an unemployment rate of 5.7%. The US average is 6.0%.
Wakefield (zip 02879) 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 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Wakefield (zip 02879)
- The Sales Tax Rate for Wakefield (zip 02879) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wakefield (zip 02879) 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 Wakefield (zip 02879)
- The average income of a Wakefield (zip 02879) resident is $50,452 a year. The US average is $37,638 a year.
- The Median household income of a Wakefield (zip 02879) resident is $102,397 a year. The US average is $69,021 a year.