Rhode Island Locations By Per Capita Income

Rhode Island Locations By Per Capita Income

Rhode Island is the 17th richest state in the United States of America, with a per capita income of $21,688 (2000) and a personal per capita income of $31,916 (2003). Its median household income 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.

Newport County and the town Newport have famous histories of their wealth. 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 and West Greenwich. Besides these areas, Rhode Island is mostly a middle-income state, as a majority of the population lives in the urban city Providence. 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% of Rhode Island households of 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.