Providence, Rhode Island (02906) is a city steeped in history and culture. It is home to a number of universities, cultural and historic sites, as well as museums and theaters. The 2 bedroom rent in Providence is $1,830 compared to the US average of $1,430. Additionally, the grocery cost index in Providence is 110 compared to 100 in the US. Providence is home to a number of notable companies such as Hasbro Inc., Citizens Bank, and FM Global as well as numerous local attractions such as Roger Williams Park, WaterFire Providence, and Prospect Terrace Park. Local eateries are plentiful with some of the best restaurants ranging from Italian-American at Camille’s to soul food at Dorrance Restaurant & Bar. With its rich history and vibrant energy, Providence offers an unforgettable experience for residents and visitors alike.
Providence (zip 02906) has an unemployment rate of 8.6%. The US average is 6.0%.
Providence (zip 02906) 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 02906)
- The Sales Tax Rate for Providence (zip 02906) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Providence (zip 02906) 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 02906)
- The average income of a Providence (zip 02906) resident is $46,426 a year. The US average is $28,555 a year.
- The Median household income of a Providence (zip 02906) resident is $93,341 a year. The US average is $69,021 a year.