The 2 bedroom rent in Providence, RI (zip code 02903) is $1,820, slightly higher than the US average of $1,430. Additionally, Providence has a Grocery Cost Index of 106 versus 100 in the US. This means that groceries are more expensive in Providence than the average US city. Therefore, if you're looking for a more affordable option for housing and grocery costs in this area, it may be beneficial to research local companies such as Real Estate RI or Rhode Island Property Management for rental options that best fit your needs.
Providence (zip 02903) has an unemployment rate of 8.6%. The US average is 6.0%.
Providence (zip 02903) 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 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Providence (zip 02903)
- The Sales Tax Rate for Providence (zip 02903) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Providence (zip 02903) 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 Providence (zip 02903)
- The average income of a Providence (zip 02903) resident is $27,710 a year. The US average is $28,555 a year.
- The Median household income of a Providence (zip 02903) resident is $50,966 a year. The US average is $69,021 a year.