Providence, RI
PROVIDENCE, RHODE ISLAND: Demographic and Financial Snapshot
(Last updated on 1.27.21)
AGE IN PROVIDENCE, RHODE ISLAND
| Age Range | Population | Percent |
| 20 to 24 years | 19,912 | 11.1% |
| 25 to 29 years | 17,228 | 9.6% |
| 30 to 34 years | 13,650 | 7.6% |
| 35 to 39 years | 12,056 | 6.7% |
| 40 to 44 years | 10,085 | 5.6% |
| 45 to 49 years | 9,994 | 5.6% |
| 50 to 54 years | 9,639 | 5.4% |
| 55 to 59 years | 8,953 | 5.0% |
| 60 to 64 years | 7,943 | 4.4% |
| 65 to 69 years | 6,398 | 3.6% |
| 70 to 74 years | 4,281 | 2.4% |
| 75 to 79 years | 3,125 | 1.7% |
| 80 to 84 years | 2,544 | 1.4% |
| 85+ years | 3,002 | 1.7% |
The median age in Providence is 30.6 years
Source: US Census Data; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Age
ETHNICITY IN PROVIDENCE, RHODE ISLAND
| Ethnicity | Population | Percent |
| White | 94,189 | 52.4% |
| Black or African American | 37,817 | 21.0% |
| American Indian and Alaska Native | 933 | 0.5% |
| Asian | 9,899 | 5.5% |
| Native Hawaiian and Other Pacific Islander | 69 | 0.0% |
| Other | 24,878 | 13.8% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Race
EDUCATION IN PROVIDENCE, RHODE ISLAND
| Education Level | Population | Percent |
| Less than 9th grade | 11,410 | 10.6% |
| 9th to 12th grade, no diploma | 10,086 | 9.4% |
| High school graduate (includes GED) | 31,315 | 29.2% |
| Some college, no degree | 16,644 | 15.5% |
| Associate’s degree | 5,410 | 5.0% |
| Bachelor’s degree | 17,348 | 16.2% |
| Graduate or professional degree | 15,115 | 14.1% |
| High school graduate or higher | 85,832 | 80.0% |
| Bachelor’s degree or higher | 32,463 | 30.2% |
| Less than Bachelor’s degree | 74,865 | 69.8% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Education (population 25+ years)
HOUSEHOLD INCOME IN PROVIDENCE, RHODE ISLAND
| Annual Household Income | Percent |
| Less than $10,000 | 13.6% |
| $10,000 to $14,999 | 7.8% |
| $15,000 to $24,999 | 11.9% |
| $25,000 to $34,999 | 9.5% |
| $35,000 to $49,999 | 12.2% |
| $50,000 to $74,999 | 17.0% |
| $75,000 to $99,999 | 9.6% |
| $100,000 to $149,999 | 9.4% |
| $150,000 to $199,999 | 3.9% |
| $200,000 or more | 5.2% |
Median household income: $42,158
Mean household income: $68,769
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Household Income
HOUSEHOLD INCOME BY EDUCATION IN PROVIDENCE, RHODE ISLAND
| Education Level | Average Income |
| Less than high school graduate | $24,581 |
| High school graduate (includes GED) | $29,716 |
| Some college or Associate’s degree | $30,714 |
| Bachelor’s degree | $40,520 |
| Graduate or professional degree | $66,015 |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Median earnings in past 12 months by education (population 25+ years with earnings)
MARITAL STATUS IN PROVIDENCE, RHODE ISLAND
| Population | Percent | |
| Population 15+ years | 147,007 | NA |
| Never married | 75,486 | 51.3% |
| Now married (except separated) | 49,319 | 33.5% |
| Separated | 2,477 | 1.7% |
| Widowed | 7,568 | 5.1% |
| Divorced | 12,157 | 8.3% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Marital Status for population 15 years and over
POVERTY STATUS IN PROVIDENCE, RHODE ISLAND
| Population | Percent | |
| Living beneath poverty line | 43,108 | 26.0% |
Source: US Census; https://data.census.gov/cedsci
Survey/Program: American Community Survey (2018 estimates)
Data Point: Poverty Rate
HOUSING IN PROVIDENCE, RHODE ISLAND
| Owner-occupied housing units | 21,623 |
| Renter-occupied housing units | 40,015 |
| Single-family detached units | 16,952 |
| Homeownership rate | 35.1% |
| Vacancy rate | 15.4% |
| Have Broadband Internet Subscription | 75.9% |
| Average housing value | $262,239 |
| Average monthly owner cost (with mortgage) | $1,422 |
| Average rent | $835 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Housing Characteristics
SOCIOECONOMIC CHARACTERISTICS IN PROVIDENCE, RHODE ISLAND
| Average income | $68,769 |
| Average household size | 2.68 |
| Percent population 16 years and over in labor force | 61.9% |
| Percent disabled | 13.2% |
| Percent with health coverage | 90.9% |
| Average travel time to work (in minutes) | 23.2 |
| Percent workers using public transportation | 6.3% |
| Percent veterans | 3.1% |
| Percent foreign born | 29.1% |
| Percent speaking Spanish at home | 17.5% |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Socioeconomic Characteristics
CONSUMER SPENDING IN PROVIDENCE, RHODE ISLAND
| Total consumer expenditures per household | $58,606.88 |
| Alcoholic beverages | $470.11 |
| Alcoholic beverages consumed at home | $272.23 |
| Beer consumed away from home | $82.41 |
| Wine consumed away from home | $43.28 |
| Apparel & services | $1,779.30 |
| Men’s apparel | $355.17 |
| Women’s apparel | $580.64 |
| Children’s apparel | $265.57 |
| Boys’ apparel | $91.23 |
| Girls’ apparel | $99.55 |
| Footwear | $422.21 |
| Dining out (food away from home) | $2,964.67 |
| Dining out – Breakfast | $310.10 |
| Dining out – Lunch | $902.21 |
| Dining out – Dinner | $1,385.26 |
| Education | $1,313.51 |
| Entertainment / recreation | $2,448.11 |
| Club membership fees | $183.30 |
| Dating services | $0.75 |
| Pet food | $181.50 |
| Pet services | $46.67 |
| Food consumed at home | $4,206.06 |
| Bakery products consumed at home | $550.71 |
| Dairy products consumed at home | $430.24 |
| Fruits and vegetables consumed at home | $840.36 |
| Meat, poultry, fish, eggs consumed at home | $952.36 |
| Nonalcoholic beverages consumed at home | $407.40 |
| Snacks / other food products consumed at home | $1,432.39 |
| Health care | $4,187.89 |
| Medical services | $771.64 |
| Nonprescription drugs | $102.30 |
| Household Services | $1,533.20 |
| Care for the elderly and handicapped | $48.42 |
| Lawn and garden services | $283.70 |
| Housekeeping services | $121.91 |
| PC repair | $5.35 |
| Housing | $19,392.23 |
| Home improvements | $1,620.96 |
| Utilities, fuel, and public services | $3,740.58 |
| Phone services | $1,431.83 |
| Water | $503.94 |
| Life and other insurance | $293.91 |
| Pensions and social security | $6,059.71 |
| Personal care products and services | $677.88 |
| Hair care products | $86.39 |
| Personal care products | $277.20 |
| Local transportation | $6,625.73 |
| Gasoline | $1,759.56 |
| Vehicle maintenance and repair | $891.79 |
| Travel | $1,658.89 |
| Airline fares | $434.88 |
| Auto / truck rental on trips | $20.21 |
| Lodging on trips | $434.02 |
| Food and drink on trips | $404.83 |
| Entertainment on trips | $136.03 |
Source: US Census; https://cbb.census.gov/rae/#
Survey/Program: 2009-2013 and the 2014-2018 American Community Survey 5-Year Estimates
Data Point: Consumer Spending (Consumer expenditures per household)
DEBT IN PROVIDENCE, RHODE ISLAND
| % with any debt in collections | 32% |
| Average debt in collections | $1,550 |
| % with medical debt in collections | 8% |
| Average medical debt in collections | $508 |
| % with student loan debt | 19% |
| Average student loan debt | $17,119 |
| Average monthly student loan payment | $166 |
| % with auto debt | 28% |
Source: Urban Institute; https://apps.urban.org/features/debt-interactive-map/
Survey/Program: Data from credit bureau data (2018) + the US Census Bureau’s American Community Survey (2017)
Data Point: Consumer Debt
UNEMPLOYMENT IN PROVIDENCE, RHODE ISLAND
| Year | Population | Percent |
| January 2019 | 4,639 | 5.4% |
| February 2019 | 4,423 | 5.1% |
| March 2019 | 4,187 | 4.9% |
| April 2019 | 3,390 | 4.0% |
| May 2019 | 3,624 | 4.2% |
| June 2019 | 3,711 | 4.3% |
| July 2019 | 4,313 | 4.9% |
| August 2019 | 4,136 | 4.7% |
| September 2019 | 3,528 | 4.1% |
| October 2019 | 3,155 | 3.6% |
| November 2019 | 3,537 | 4.1% |
| December 2019 | 3,347 | 3.9% |
| January 2020 | 4,102 | 4.7% |
| February 2020 | 4,111 | 4.7% |
| March 2020 | 5,197 | 5.9% |
| April 2020 | 16,126 | 19.5% |
| May 2020 | 15,493 | 18.7% |
| June 2020 | 13,448 | 15.2% |
| July 2020 | 13,465 | 14.9% |
| August 2020 | 14,711 | 16.7% |
| September 2020 | 11,988 | 13.3% |
| October 2020 | 7,294 | 8.5% |
Source: US Bureau of Labor Statistics; https://www.bls.gov/lau/data.htm
Survey/Program: Local Area Employment Statistics
Data Point: Unemployment totals (not seasonally adjusted)
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