The average Rhode Islander is taxed at a rate of 1.35% for property, a maximum of 5.99% for income and 7.00% for sales. Compared to the national averages Rhode Island earns a score of poor 👎 for property taxes, average for income taxes and average for combined local and state sales tax. Quick links to regions of Rhode Island with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Rhode Island
Rhode Island has approximately 1,057,566 residents. A common term for people in Rhode Island is "Rhode Islander". Within this population there are around 10,915 births and 9,760 deaths per year. Approximately 74.3% of this population speaks English exclusively. Conversely, 0.7% of this population has no verbal English skill. On average, real estate listings in Rhode Island are on the market for 80 days. The Market Health Index for Rhode Island is 2.94. Washington is the wealthiest of all counties in Rhode Island. The least wealthy of all counties in Rhode Island is Providence.
Daily state facts: Although Rhode Island is the smallest state in the union, it has the third least number of counties beating out both Delaware and Hawaii.
According to the Bureau of Labor Statistics, RhodeIsland employment in May 2022 was 570,102, unemployment was 16,492 or 2.9% of total jobs.