The city of Tiverton, Rhode Island (02878) is a great place to live. The average two bedroom rent is $1,610 and the Grocery Cost Index is 106 versus 100 in the US. This town offers its residents a cozy lifestyle with access to many local companies. Some of these include BankNewport, Dave’s Marketplace, Stop & Shop Supermarkets, Bi-Mart Associates Inc., and several medical offices like Newport Hospital and Southcoast Health. There are plenty of restaurants nearby as well for all your dining needs such as Siena Ristorante, My Father’s Pizza, and The Cake Lady Cafe. All in all, Tiverton provides its residents with affordable living costs and an array of popular businesses to meet all their needs.
Tiverton (zip 02878) has an unemployment rate of 6.9%. The US average is 6.0%.
Tiverton (zip 02878) 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 31.8%, which is lower than the US average of 33.5%.
Tax Rates for Tiverton (zip 02878)
- The Sales Tax Rate for Tiverton (zip 02878) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tiverton (zip 02878) 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 Tiverton (zip 02878)
- The average income of a Tiverton (zip 02878) resident is $38,224 a year. The US average is $28,555 a year.
- The Median household income of a Tiverton (zip 02878) resident is $85,522 a year. The US average is $69,021 a year.