Everything You Need to Know About the City of Providence Rhode Island
In 2017, Providence, RI had a population of 180k people with a median age of 29.8 and a median household income of $40,366 dollars. Between 2016 and 2017 the population of Providence, Rhode Island grew from 178,851 to 179,509, a 0.368 percent increase and its median household income grew from $37,366 dollars to $40,366 dollars, an 8.03 percent increase.
The population of Providence, RI is 42 percent Hispanic or Latino, 34.3 percent White Alone, and 13.1 percent Black or African American Alone. N/A% of the people in Providence, RI speak a non-English language, and 83.6 percent are U.S. citizens.
The largest universities in Providence, RI are Johnson & Wales University-Providence (3,001 degrees awarded in 2017), Brown University (2,828 degrees), and Providence College (1,421 degrees).
The median property value in Providence, RI is $181,100 dollars, and the homeownership rate is 34.7 percent. Most people in Providence, RI commute by Drove Alone, and the average commute time is 21.6 minutes. The average car ownership in Providence, RI is 2 cars per household.
In 2017, universities in Providence, RI awarded 8,233 degrees. The student population of Providence, RI is skewed towards women, with 11,516 male students and 15,399 female students.
Most students graduating from Universities in Providence, RI are White (4,169 and 60.1 percent), followed by Hispanic or Latino (777 and 11.2 percent), Black or African American (560 and 8.07 percent), and Asian (528 and 7.61 percent).
The largest universities in Providence, RI by the number of degrees awarded are Johnson & Wales University-Providence (3,001 and 36.5 percent), Brown University (2,828 and 34.3 percent), and Providence College (1,421 and 17.3 percent).
The most popular majors in Providence, RI are General Business Administration & Management (679 and 8.25 percent), Culinary Arts & Chef Training (582 and 7.07 percent), and Foodservice System Management (451 and 5.48 percent).
The median tuition costs in Providence, RI are $47,870 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Providence, RI employs 81.6k people and Providence has an unemployment rate of 5.1 percent. Providence has seen the job market increase by 1.5 percent over the last year. Future job growth over the next ten years is predicted to be 28.6 percent, which is lower than the US average of 33.5 percent. The largest industries in Providence, RI are Educational Services (12,072 people), Health Care & Social Assistance (13,697 people), and Manufacturing (9,571 people), and the highest paying industries are Management of Companies & Enterprises ($80,028 dollars), Public Administration ($61,148 dollars), and Professional, Scientific, & Technical Services ($50,178 dollars).
Households in Providence, RI have a median annual income of $40,366 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $37,366 dollars in 2016, which represents an 8.03 percent annual growth.
Tax Rates for Providence
– The Sales Tax Rate for Providence is 7.0 percent.
– The Income Tax Rate for Providence is 3.8 percent.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Providence
– The average earnings of a Providence resident are $21,924 dollars a year.
– The Median household earnings of a Providence resident is $37,514 dollars a year.
