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.
Read more about Rhode Island Locations By Per Capita Income: Rhode Island Counties Ranked By Per Capita Income, Rhode Island Places Ranked By Per Capita Income
Famous quotes containing the words island and/or income:
“When the inhabitants of some sequestered island first descry the “big canoe” of the European rolling through the blue waters towards their shores, they rush down to the beach in crowds, and with open arms stand ready to embrace the strangers. Fatal embrace! They fold to their bosoms the vipers whose sting is destined to poison all their joys; and the instinctive feeling of love within their breasts is soon converted into the bitterest hate.”
—Herman Melville (1819–1891)
“We commonly say that the rich man can speak the truth, can afford honesty, can afford independence of opinion and action;—and that is the theory of nobility. But it is the rich man in a true sense, that is to say, not the man of large income and large expenditure, but solely the man whose outlay is less than his income and is steadily kept so.”
—Ralph Waldo Emerson (1803–1882)