Department of Numbers

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 $61,948 in 2016, the latest figures available. Providence median household income is $1,352 higher than the median Rhode Island household income and $4,331 greater than the US median household income. 2017 metro income data (including Providence median household income) will be released in September of 2018. Median family and per capita income for Providence-New Bedford-Fall River are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Providence Rhode Island

2016 1 Year Change 3 Year Change
US $57,617 +2.01% +7.02%
Rhode Island $60,596 +3.04% +5.20%
Providence $61,948 +3.75% +9.20%

Trends in Providence, RI Real Median Household Income since 2005

The current median household income for Providence is $61,948. Real median household income peaked in 2005 at $63,060 and is now $1,112 (1.76%) lower. From a post peak low of $56,607 in 2014, real median household income for Providence has now grown by $5,341 (9.44%).

Real Median Household Income: Providence, Rhode Island, National

Historical Inflation Adjusted Median Household Income for Providence

Date US Rhode Island Providence
2016 $57,617 $60,596 $61,948
2015 $56,480 $58,807 $59,710
2014 $54,398 $55,649 $56,607
2013 $53,838 $57,601 $56,729
2012 $53,701 $57,028 $56,703
2011 $53,879 $57,223 $57,134
2010 $55,093 $57,523 $57,172
2009 $56,180 $60,540 $60,633
2008 $58,000 $62,093 $62,358
2007 $58,736 $62,010 $62,555
2006 $57,677 $61,680 $61,660
2005 $56,832 $63,242 $63,060

Providence Family Income

The ACS 1-year data shows the median family income for Providence was $80,028 in 2016. Compared to the median Rhode Island family income, Providence median family income is $2,088 higher. As with the median household income data, 2017 family income data for Providence will be released in September of 2018.

Show dollars as: Nominal Real

Real Median Family Income for Providence Rhode Island

2016 1 Year Change 3 Year Change
US $71,062 +2.81% +7.71%
Rhode Island $77,940 +0.45% +5.63%
Providence $80,028 +3.33% +9.04%

Trends in Providence, RI Real Median Family Income since 2005

The current median family income for Providence is $80,028. Real median family income peaked in 2007 at $80,264 and is now $236 (0.29%) lower. From a post peak low of $73,189 in 2014, real median family income for Providence has now grown by $6,839 (9.34%).

Real Median Family Income: Providence, Rhode Island, National

Historical Inflation Adjusted Median Family Income for Providence

Date US Rhode Island Providence
2016 $71,062 $77,940 $80,028
2015 $69,122 $77,591 $77,448
2014 $66,820 $72,195 $73,189
2013 $65,977 $73,785 $73,393
2012 $65,363 $74,527 $73,894
2011 $65,564 $74,258 $74,032
2010 $66,721 $74,652 $73,661
2009 $68,329 $77,578 $78,102
2008 $70,638 $80,254 $79,372
2007 $70,813 $81,247 $80,264
2006 $69,670 $77,059 $77,440
2005 $68,618 $79,464 $79,527

Providence Per Capita Income

The ACS 1-year survey shows the per capita income for Providence was $33,148 in 2016. Compared to the median Rhode Island per capita income, Providence median per capita income is $140 higher. As with the median household and median family income numbers above, 2017 per capita income data for Providence will be released in September of 2018.

Show dollars as: Nominal Real

Real Per Capita Income for Providence Rhode Island

2016 1 Year Change 3 Year Change
US $31,128 +2.54% +7.19%
Rhode Island $33,008 +2.22% +4.18%
Providence $33,148 +4.03% +7.71%

Trends in Providence, RI Real Per Capita Income since 2005

At $33,148, the per capita income for Providence was at a new inflation adjusted high in 2016.

Real Per Capita Income: Providence, Rhode Island, National

Historical Real Per Capita Income for Providence

Date US Rhode Island Providence
2016 $31,128 $33,008 $33,148
2015 $30,358 $32,291 $31,864
2014 $29,288 $31,256 $30,696
2013 $29,041 $31,683 $30,774
2012 $28,558 $30,722 $30,057
2011 $28,494 $31,235 $31,005
2010 $28,687 $30,457 $29,868
2009 $29,542 $32,186 $31,574
2008 $30,755 $32,340 $31,968
2007 $30,894 $32,154 $31,939
2006 $30,078 $30,876 $30,658
2005 $30,768 $33,450 $32,801