Zip 02881 (Kingston, RI) Economy


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Kingston, Rhode Island (02881) is a quaint coastal town located between Narragansett Bay and the University of Rhode Island. With its rolling hills, sandy beaches, and historic downtown, Kingston offers a unique blend of rural charm and urban amenities. The median two-bedroom rent in the area is $1,740 per month while the US median rent for a two-bedroom apartment is $1,430. Additionally, Kingston has a Grocery Cost Index of 108 compared to an index score of 100 for the US.
Kingston is home to many local businesses like the Grey Sail Brewing of Rhode Island taproom where guests can sample craft beer made with local ingredients and take in stunning views of Narragansett Bay. Kingston also has plenty of outdoor activities like fishing at Fort Hill Pond or hiking through Arcadia Management Area or Charlestown Breachway State Park. Shopping options abound with stores like Countryside Marketplace offering fresh produce from local farms as well as various goods from vendors around New England. With its idyllic coastline, friendly culture, and diverse offerings Kingston is an excellent place to live!

Kingston (zip 02881) has an unemployment rate of 5.7%. The US average is 6.0%.

Kingston (zip 02881) 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 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Kingston (zip 02881)
- The Sales Tax Rate for Kingston (zip 02881) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kingston (zip 02881) 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 Kingston (zip 02881)
- The average income of a Kingston (zip 02881) resident is $17,308 a year. The US average is $28,555 a year.
- The Median household income of a Kingston (zip 02881) resident is $72,466 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKingston, Rhode IslandUnited States
  5.76
  -8.8%-6.2%
  30.6%33.5%
  7.0%6.2%
  3.8%4.6%
  $14,583$37,638
  $72,466$69,021
  $102,457$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  4.1%6.8%
  3.2%10.0%
  0.3%2.5%
  14.3%11.0%
  0.3%4.8%
  0.0%0.8%
  3.0%1.9%
  2.6%4.7%
  2.0%1.9%
  5.2%7.6%
  0.0%0.1%
  2.5%4.2%
  21.1%9.3%
  6.0%14.0%
  8.0%2.1%
  23.7%7.0%
  2.0%4.8%
  1.0%4.7%
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