Zip 02858 (Oakland, RI) Economy


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Oakland, RI (02858) is a town located in Providence County, Rhode Island. The median two-bedroom rent here is $1,520, which is slightly higher than the US median of $1,430. Grocery costs are also relatively high here with an index of 106 versus 100 in the US. Residents of Oakland have access to local companies and organizations such as MET School, Colony House Senior Center and East Bay Community Action Program. These establishments provide education, healthcare and social services to citizens of Oakland and the surrounding area. Other local businesses include Corliss Landscaping & Design LLC and Blackstone Valley Printing Company Inc., which offer landscaping services and printing solutions respectively. Oakland is home to a variety of amenities for its citizens to take advantage of.

Oakland (zip 02858) has an unemployment rate of 7.7%. The US average is 6.0%.

Oakland (zip 02858) 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 30.9%, which is lower than the US average of 33.5%.

Tax Rates for Oakland (zip 02858)
- The Sales Tax Rate for Oakland (zip 02858) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oakland (zip 02858) 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 Oakland (zip 02858)
- The average income of a Oakland (zip 02858) resident is $61,621 a year. The US average is $28,555 a year.
- The Median household income of a Oakland (zip 02858) resident is $111,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOakland, Rhode IslandUnited States
  7.76
  -8.8%-6.2%
  30.9%33.5%
  7.0%6.2%
  3.8%4.6%
  $42,735$37,638
  $111,250$69,021
  $160,556$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  19.9%6.8%
  12.2%10.0%
  0.0%2.5%
  2.9%11.0%
  8.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  2.3%9.3%
  50.5%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  3.9%4.7%
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