Rhode Island is the 17th-wealthiest state in the United States of America, with a

per capita income Per capita income (PCI) or total income measures the average income earned per person in a given area (city, region, country, etc.) in a specified year. It is calculated by dividing the area's total income by its total population. Per capita i ...

of $21,688 (2000) and a personal per capita income of $31,916 (2003). Its

median household income The median income is the income amount that divides a population into two equal groups, half having an income above that amount, and half having an income below that amount. It may differ from the mean (or average) income. Both of these are ways ...

is $42,090 (2000), ranked seventeenth in the country, and its median family income is $52,781 (2000), the seventeenth-highest in the country. The median value of an owner-occupied housing unit is $133,000 (2000), ranked fifteenth in the country. The city of Newport was known for its wealth in the 20th century. However, the actual town of Newport is not as wealthy as many think: its median household income is only a mere $40,669, actually below the national median (and only the forty-second-highest in the state). Despite this, the town is home to many large estates and is a popular summer home location for the wealthy. Jamestown, located west of Newport, is actually the richest community in the state. Other notable affluent areas include Barrington and

East East or Orient is one of the four cardinal directions or points of the compass. It is the opposite direction from west and is the direction from which the Sun rises on the Earth. Etymology As in other languages, the word is formed from the fac ...

and

West Greenwich West Greenwich is a town in Kent County, Rhode Island, United States. The population was 6,528 at the 2020 census. West Greenwich was named for the historic town of Greenwich, Kent, England. It was separated from East Greenwich in 1741. Stud ...

. Besides these areas, Rhode Island is mostly a middle-income state, as a majority of the population lives in the urban city

Providence Providence often refers to: * Providentia, the divine personification of foresight in ancient Roman religion * Divine providence, divinely ordained events and outcomes in Christianity * Providence, Rhode Island, the capital of Rhode Island in the ...

. 69% of Rhode Island places do however have per capita incomes higher than the national average, one of the highest percentages of any state, but 11.9% of the population lives below the poverty line. 1.9% percent of Rhode Island households have annual incomes of $200,000+, and 11.4% have incomes of $100,000 or more. On the contrary, 10.7% have incomes of less than $10,000 and 42.0% less than $34,999.

Rhode Island counties ranked by per capital income

Note: Data is from the 2010 United States Census Data and the 2006-2010 American Community Survey 5-Year Estimates.

Rhode Island places ranked by per capita income

References

External links

{{Rhode Island *

Rhode Island Rhode Island (, like ''road'') is a U.S. state, state in the New England region of the Northeastern United States. It is the List of U.S. states by area, smallest U.S. state by area and the List of states and territories of the United States ...

Income Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. Fo ...

income Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. Fo ...