Everything You Need to Know About the City of Warwick Rhode Island

In 2017, Warwick, RI had a population of 81.2k people with a median age of 45.1 and a median household income of $71,191 dollars. Between 2016 and 2017 the population of Warwick, RI declined from 81,881 to 81,218, a -0.81 percent decrease, and its median household income grew from $66,602 dollars to $71,191 dollars, a 6.89 percent increase.

The population of Warwick, RI is 88.3 percent White Alone, 5.34 percent Hispanic or Latino, and 2.76 percent Asian Alone. N/A% of the people in Warwick, Rhode Island speak a non-English language, and 97.8 percent are U.S. citizens.

The largest universities in Warwick, RI are Community College of Rhode Island and Empire Beauty School-Warwick.

The median property value in Warwick, RI is $199,000 dollars, and the homeownership rate is 71.8 percent. Most people in Warwick, RI commute by Drove Alone, and the average commute time is 23.8 minutes. The average car ownership in Warwick, RI is 2 cars per household.

 

Education in Warwick

In 2017, universities in Warwick, RI awarded 1,932 degrees. The student population of Warwick, RI is skewed towards women, with 6,094 male students and 8,743 female students.

Most students graduating from Universities in Warwick, RI are White (1,334 and 69 percent), followed by Hispanic or Latino (257 and 13.3 percent), Black or African American (128 and 6.63 percent), and Two or More Races (88 and 4.55 percent).

The largest universities in Warwick, RI by the number of degrees awarded are Community College of Rhode Island (1,865 and 96.5 percent) and Empire Beauty School-Warwick (67 and 3.47 percent).

The most popular majors in Warwick, RI are General Studies (793 and 41 percent), Registered Nursing (263 and 13.6 percent), and General Business (84 and 4.35 percent).

The median tuition costs in Warwick, RI is $N/A 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.

 

Economy in Warwick

The economy of Warwick, RI employs 43.6k people and Warwick has an unemployment rate of 3.5 percent. Warwick 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 30.7 percent, which is lower than the US average of 33.5 percent. The largest industries in Warwick, RI are Health Care & Social Assistance (7,153 people), Educational Services (4,430 people), and Retail Trade (5,135 people), and the highest paying industries are Management of Companies & Enterprises ($72,143 dollars), Utilities ($72,000 dollars), and Public Administration ($65,396 dollars).

Households in Warwick, RI have a median annual income of $71,191 dollars, which is more than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $66,602 dollars in 2016, which represents a 6.89 percent annual growth.

 

Tax Rates for Warwick

– The Sales Tax Rate for Warwick is 7.0 percent.

– The Income Tax Rate for Warwick is 3.8 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Warwick

– The average earnings of a Warwick resident is $33,889 dollars a year.

– The Median household earnings of a Warwick resident is $62,803 dollars a year.