Providence city, RI

ZIP 02908 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Providence city, RI (02908)

Median Income

$74,341

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,465

Wealth inflow

Population

39,661

Unemployment

5.4%

1.7pp above US avg

IRS migration statistics show a net inflow of about 1,465 for ZIP 02908 (Providence city, RI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

5.4%+46% vs US avg

Self-Employed

1.3%-79% vs US avg

SNAP Benefits

28.1%+140% vs US avg

566

Establishments

11,244

Employees

~20 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.5%
Construction6.4%
Manufacturing12.4%
Wholesale trade1.7%
Retail trade10.9%
Transportation, utilities4.9%
Information1.5%
Finance, insurance, real estate3.8%
Professional, scientific, management11.9%
Education, health care, social29.1%
Arts, entertainment, food services10.1%
Other services4.1%
Public administration2.7%

Household Income

Historical Trends in 02908 (2020–Present)

Since 2020, population grew 4.9%, median income rose 12.1% (inflation-adjusted), home values increased 24.0%.

Median Income

$74,341

-1% vs US avg

Unemployment Rate