Narragansett, RI (02882) offers many advantages for those looking for a place to live. This seaside town is located on the Narragansett Bay and offers beautiful beaches as well as easy access to Providence and Boston. In this area of Rhode Island, 2 bedroom rent averages $1,870 which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Narragansett is 110 versus the US baseline of 100.
Narragansett has strong economic ties with local businesses such as The Ocean House Management Group, Cormier Plumbing Heating & Cooling Inc., Ocean Mix Marine Construction LLC and many more. These businesses can provide job opportunities to residents of Narragansett as well as serve the community in other ways. With its diverse economy and cultural attractions, Narragansett makes an ideal place to live for those who want to pursue a career or simply enjoy all that this quaint coastal town has to offer.
Narragansett (zip 02882) has an unemployment rate of 4.4%. The US average is 6.0%.
Narragansett (zip 02882) 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 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Narragansett (zip 02882)
- The Sales Tax Rate for Narragansett (zip 02882) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Narragansett (zip 02882) 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 Narragansett (zip 02882)
- The average income of a Narragansett (zip 02882) resident is $40,625 a year. The US average is $28,555 a year.
- The Median household income of a Narragansett (zip 02882) resident is $83,502 a year. The US average is $69,021 a year.