RI
Rhode Island
FIPS 44 · Population 1,101,801
6 Sources
Updated June 22, 2026
1.1M ▲
Population
334,922,499 U.S.
$87,796 ▲
Median Income
$80,734 national
$80.4B
GDP
4.2%
Unemployment
4% national
County Map
Click a county to view its economic profile
Demographics & Population
Census Bureau American Community Survey 2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$87,796
Per Capita
$47,150
Mean Household
$115,075
Poverty Rate
11.2% ▼
Age & Race / Ethnicity
Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 18.8%
18-34 · 23.9%
35-54 · 24.7%
55-64 · 13.9%
65+ · 18.7%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
89.7%
High School+
National: 89.6%
▲ +0.1 pts
37.7%
Bachelor's+
National: 35.7%
▲ +2.0 pts
15.4%
Graduate+
National: 14.1%
▲ +1.3 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
1,101,801
Population
598,561
Labor Force
Employed
559,823
Unemployment Rate BLS LAUS 2024 annual
4.2%
Mean Commute 1 min below national avg
25.5 min
Work From Home vs 15.1% national
13%
Rhode Island's median household income sits 9% above the national median. At 11.2%, its poverty rate runs 1.3 pts below the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 37.7% exceeds the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
- Broadly in line with U.S. norms across income, poverty, education, and age.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Health Care and Social Assistance employs 86,121 workers (23.5% of the tracked sectors), at an average wage of $64,819.
- Economic scale: State GDP of $80.4B (2024).
Source: BLS QCEW + BEA Regional GDP.
Industry Concentration
Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.
Attraction Opportunities - Below-Average Industries
LQ < 0.5, below-average employment, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.20x
Petroleum and Coal Products Manufacturing
70 employed
0.22x
Animal Production and Aquaculture
193 employed
0.26x
Wood Product Manufacturing
341 employed
0.28x
Air Transportation
516 employed
0.44x
Apparel Manufacturing
110 employed
0.44x
Truck Transportation
2,091 employed
0.44x
Computing Infrastructure Providers and Data Processing
690 employed
0.49x
Machinery Manufacturing
1,719 employed
Key Takeaways
- Top specialization: Textile Mills concentrates at 5.68x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity.
- Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
- Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$404,200 ▲
Median Home Value vs 2019
$1,342 ▲
Rent/Mo
63.6% ▲
Owner-Occ
9.1% ▼
Vacancy
4.6x
Home Value to Income Ratio
vs. ~4.1x national average
HUD Fair Market Rents (Statewide)
Renter-household-weighted average across 39 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026
Studio
$1,346/mo$1,318 to $1,752
1 Bedroom
$1,424/mo$1,362 to $1,764
2 Bedroom
$1,765/mo$1,721 to $2,314
3 Bedroom
$2,154/mo$2,087 to $3,131
4 Bedroom
$2,546/mo$2,326 to $3,595
30% of monthly median household income (~$2,195/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- In line with national: Home value to income ratio of 4.6x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
Source: Census ACS housing tables.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
688,145 ▲
Working Age (18-64) vs 2019
▲ vs 2019
Mean Commute
25.5 min
Work From Home
13%
Education & Talent Pipeline
Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
37.7%
HS Diploma+
89.7%
Top Institutions
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
4,664/yr
3,506/yr
2,161/yr
1,614/yr
1,577/yr
1,479/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
22.3%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.
Workforce by Occupation
Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
44%
Service
17%
Sales & Office
19.6%
Construction / Maint.
7.5%
Production / Transport
11.9%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 559,823 employed workers.
Key Takeaways
- Succession risk is real: 22.3% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
Source: ACS workforce data.
County Profiles
5 counties in Rhode Island
AI Insights
AI-assisted analysis, drawn from 6 federal data sources
Sample AI Insight
Rhode Island shows strong potential for textile mills attraction, with a 5.68x concentration and 1,479 jobs in this sub-sector. Near-term succession risk is elevated, with 22.3% of the working-age population within 10 years of retirement age.
Cluster depth across textile mills, educational services, and fishing, hunting and trapping creates supply-chain attraction leverage, a structural advantage for industrial recruitment.
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026
Frequently Asked Questions
Key economic and demographic figures for Rhode Island, from federal data sources.
What is the population of Rhode Island?
1,101,801 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Rhode Island?
$87,796 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Rhode Island?
4.2% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).
What is the GDP of Rhode Island?
$80.4B (BEA SAGDP (state GDP)).
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