Rhode Island Economic Overview
Key economic indicators for Rhode Island (RI). Population: 1,097,379.
Unemployment Rate
3.4%
Below national avg (~4.2%)
Median Annual Wage
$58,000
Source: Census ACS / BLS
Wage Growth (YoY)
+3.2%
Year-over-year change
Population
1.1M
Source: 2020 Census
About the Rhode Island Economy
Rhode Island has an unemployment rate of 3.4%, which is below the national average. The median annual wage is $58,000, with wages growing at 3.2% year-over-year. With a population of 1,097,379, Rhode Island is the a smaller state economy in the U.S.