The city of Providence, Rhode Island (02912) is a vibrant and lively community, with plenty of opportunities for young professionals. With a 2 bedroom rent rate of $1,440 and grocery cost index of 106 versus the national average of 100, it's easy to see why so many people are choosing to call this great New England city home. Local companies such as Bank of America, Citizens Bank, and Hasbro all have locations in Providence, offering jobs and other services to locals. The city is also home to Brown University and the renowned Rhode Island School of Design, making it one of the most educated cities in the United States.
Providence (zip 02912) has an unemployment rate of 8.6%. The US average is 6.0%.
Providence (zip 02912) 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 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Providence (zip 02912)
- The Sales Tax Rate for Providence (zip 02912) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Providence (zip 02912) is 3.8%. The US average is 4.6%.
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Income and Salaries for Providence (zip 02912)
- The average income of a Providence (zip 02912) resident is $6,132 a year. The US average is $37,638 a year.
- The Median household income of a Providence (zip 02912) resident is $0 a year. The US average is $69,021 a year.