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Zip 02864 (Cumberland, RI) Economy


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Cumberland, Rhode Island (02864) is a small town located in Providence County. The two bedroom rent in the area is $1,360, which is somewhat lower than the US average of $1,430. Additionally, grocery items tend to be around 7% higher than the national average. Cumberland has many local companies that provide excellent services to its residents. Some notable businesses are Classic Pizza, Johnston Auto Body and Repair Inc., and New England Mechanical Solutions LLC. Classic Pizza offers delicious Italian cuisine for dine-in or take-out while Johnston Auto Body and Repair provides auto repair and body shop services. Finally, New England Mechanical Solutions LLC provides high quality repairs on heating and cooling systems for commercial buildings as well as residential homes.

Cumberland (zip 02864) has an unemployment rate of 6.1%. The US average is 6.0%.

Cumberland (zip 02864) 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 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Cumberland (zip 02864)
- The Sales Tax Rate for Cumberland (zip 02864) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cumberland (zip 02864) is 3.8%. The US average is 4.6%.
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Income and Salaries for Cumberland (zip 02864)
- The average income of a Cumberland (zip 02864) resident is $46,292 a year. The US average is $37,638 a year.
- The Median household income of a Cumberland (zip 02864) resident is $104,975 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCumberland, Rhode IslandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Cumberland
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Over 3 years ago

I lived in Cumberland, RI for the last 16 years and can tell you it has been great for my family and I. I owned in Monastery heights, Ashton, and Cumberland Hill. I  More

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