Prudence Island, RI (02872) is a pleasant location to call home. With its coastal and rural charm, there is much to appreciate about this peaceful community. The 2-bedroom rent here is $2,110, which is higher than that of the US average ($1,430). The cost of groceries in Prudence Island is also high with an index score of 105 versus 100 in the US. This high cost of living can be offset by the affordable prices offered by local business including Prudence Island Pharmacy, Prudence Island Market & Deli, and King Richard's Pizza and Take Away. Despite the higher prices associated with living on Prudence Island, its picturesque views and relaxed atmosphere make it worth every penny.
Prudence Island (zip 02872) has an unemployment rate of 6.7%. The US average is 6.0%.
Prudence Island (zip 02872) has seen the job market decrease by -8.8% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Prudence Island (zip 02872)
- The Sales Tax Rate for Prudence Island (zip 02872) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Prudence Island (zip 02872) 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 Prudence Island (zip 02872)
- The average income of a Prudence Island (zip 02872) resident is $38,321 a year. The US average is $37,638 a year.
- The Median household income of a Prudence Island (zip 02872) resident is $0 a year. The US average is $69,021 a year.