Providence-New Bedford-Fall River Rhode Island Household Income
The Census ACS 1-year survey reports that the median household income for the Providence-New Bedford-Fall River Rhode Island metro area was $73,788 in 2021, the latest figures available. Providence median household income is $220 lower than the median Rhode Island household income and $4,071 greater than the US median household income. 2022 metro income data (including Providence median household income) will be released in September of 2023. Median family and per capita income for Providence-New Bedford-Fall River are shown below.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income for Providence Rhode Island
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Rhode Island | $74,008 | -2.59% | +6.61% |
| Providence | $73,788 | -2.60% | +5.08% |
Trends in Providence, RI Real Median Household Income since 2005
The current median household income for Providence is $73,788. Real median household income peaked in 2020 at $75,757 and is now $1,969 (2.60%) lower.
Real Median Household Income: Providence, Rhode Island, National
Historical Inflation Adjusted Median Household Income for Providence
| Date | US | Rhode Island | Providence |
|---|---|---|---|
| 2021 | $69,717 | $74,008 | $73,788 |
| 2020 | $70,877 | $75,978 | $75,757 |
| 2019 | $69,638 | $75,421 | $75,207 |
| 2018 | $66,828 | $69,421 | $70,222 |
| 2017 | $66,687 | $70,593 | $72,092 |
| 2016 | $65,052 | $68,415 | $69,941 |
| 2015 | $63,784 | $66,412 | $67,432 |
| 2014 | $61,468 | $62,882 | $63,964 |
| 2013 | $60,869 | $65,124 | $64,137 |
| 2012 | $60,732 | $64,494 | $64,127 |
| 2011 | $60,969 | $64,752 | $64,652 |
| 2009 | $63,573 | $68,507 | $68,612 |
| 2007 | $66,465 | $70,170 | $70,787 |
| 2005 | $64,310 | $71,564 | $71,358 |
Providence Family Income
The ACS 1-year data shows the median family income for Providence was $96,571 in 2021. Compared to the median Rhode Island family income, Providence median family income is $733 lower. As with the median household income data, 2022 family income data for Providence will be released in September of 2023.
Real Median Family Income for Providence Rhode Island
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Rhode Island | $97,304 | -0.40% | +7.09% |
| Providence | $96,571 | -0.88% | +6.98% |
Trends in Providence, RI Real Median Family Income since 2005
The current median family income for Providence is $96,571. Real median family income peaked in 2020 at $97,426 and is now $855 (0.88%) lower.
Real Median Family Income: Providence, Rhode Island, National
Historical Inflation Adjusted Median Family Income for Providence
| Date | US | Rhode Island | Providence |
|---|---|---|---|
| 2021 | $85,806 | $97,304 | $96,571 |
| 2020 | $87,269 | $97,697 | $97,426 |
| 2019 | $85,780 | $94,713 | $94,940 |
| 2018 | $82,434 | $90,862 | $90,274 |
| 2017 | $81,669 | $93,457 | $92,667 |
| 2016 | $80,231 | $87,997 | $90,354 |
| 2015 | $78,061 | $87,625 | $87,464 |
| 2014 | $75,505 | $81,579 | $82,701 |
| 2013 | $74,593 | $83,421 | $82,978 |
| 2012 | $73,920 | $84,284 | $83,568 |
| 2011 | $74,192 | $84,030 | $83,774 |
| 2009 | $77,322 | $87,788 | $88,380 |
| 2007 | $80,131 | $91,939 | $90,826 |
| 2005 | $77,647 | $89,920 | $89,991 |
Providence Per Capita Income
The ACS 1-year survey shows the per capita income for Providence was $39,771 in 2021. Compared to the median Rhode Island per capita income, Providence median per capita income is $611 lower. As with the median household and median family income numbers above, 2022 per capita income data for Providence will be released in September of 2023.
Real Per Capita Income for Providence Rhode Island
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Rhode Island | $40,382 | -0.96% | +6.94% |
| Providence | $39,771 | -1.16% | +5.43% |
Trends in Providence, RI Real Per Capita Income since 2005
The current per capita income for Providence is $39,771. Real per capita income peaked in 2020 at $40,238 and is now $467 (1.16%) lower.
Real Per Capita Income: Providence, Rhode Island, National
Historical Real Per Capita Income for Providence
| Date | US | Rhode Island | Providence |
|---|---|---|---|
| 2021 | $38,332 | $40,382 | $39,771 |
| 2020 | $38,730 | $40,773 | $40,238 |
| 2019 | $37,803 | $39,767 | $39,332 |
| 2018 | $36,503 | $37,763 | $37,721 |
| 2017 | $35,807 | $38,144 | $38,629 |
| 2016 | $35,145 | $37,267 | $37,425 |
| 2015 | $34,284 | $36,467 | $35,984 |
| 2014 | $33,094 | $35,318 | $34,686 |
| 2013 | $32,833 | $35,820 | $34,793 |
| 2012 | $32,297 | $34,744 | $33,992 |
| 2011 | $32,243 | $35,345 | $35,085 |
| 2009 | $33,430 | $36,421 | $35,729 |
| 2007 | $34,959 | $36,386 | $36,142 |
| 2005 | $34,817 | $37,852 | $37,117 |
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