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Population

Rhode Island has a population of approximately 1,091,949 and experiences a population change rate of 4.16%. The population density is 1,056.2 / sq mi .

Household

The median household income for Rhode Island is $74,489, with 426,769 households and an average household size of 2.46.

Home Value

The median value of a home in Rhode Island is $401,200 with an appreciation rate of 15.20%. 55.25% of housing in the state is owned while 33.44% is rented.

Cost of Living

The cost of living in Rhode Island is 119.4 %.

Employment

The unemployment rate in Rhode Island is 2.40%, and recent job growth is at -0.43%. Future job growth is projected at 38.34%.

Taxes

The sales tax rate in Rhode Island is 7.00%, while the income tax rate is 3.75% .

Education

School expenditures in Rhode Island are $19,271, and the school ratio is 13:1.

Weather

The average high temperature in July is 81.5 degrees, with an average low temperature in January of 18.9 degrees. The average rainfall is approximately 49.8 inches per year, with 35.1 inches of snow per year.