GDP / Output
+3.6% YoY
64
$12.4B
Output changed +3.6% in 2024.
Vintage date unknown
State growth5.3%
U.S. growth5.3%
Jobs
Unemployment rate
83
2.9%
Unemployment is 2.9% for April 2026.
Vintage date unknown
State avg4.5%
U.S. avg5.2%
Population
+2.6% 5-year
66
83,175
Population moved +2.6% over the latest ACS window.
Vintage date unknown
State population1,101,801
U.S. population334,922,499
Housing
Rent share of income
74
18.4%
Median rent consumes 18.4% of median household income: Affordable.
Vintage date unknown
State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$10.2K per resident
100
$1.7B
$1.7B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$15.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$1.7B
$10.2K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.1B
2. Department of Transportation$348.5M
3. Department of Veterans Affairs$113.3M
Top recipients
Dollars1. RHODE ISLAND DOT$303.7M
2. RHODE ISLAND AIRPORT CORP$44.7M
3. COMMUNITY COLLEGE OF RHODE ISLAND$37.9M
Affordable
Housing Affordability
18.4%
of median income
1BR estimate$1,118
2BR estimate$1,472
Median income$88,708
Median home value$354,600
ACS context
Quick Facts
Population
83,175
Median age
44.3
Bachelor's degree+
33.7%
Poverty rate
7.6%
Labor force participation
65.3%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-16
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.5%
GDP CAGR
+4.2%
Federal flow
5 years
Population (5 years)
202081,043
202182,666
202282,783
202382,871
202483,175
GDP (5 years)
2020$10.1B
2021$10.5B
2022$11.3B
2023$12.0B
2024$12.4B
2-year linear forecast
Predictive Outlook
Population forecast
202483,175
202583,848 *
202684,295 *
R² = 70.7% · * projected
GDP forecast
2024$12.4B
2025$13.1B *
2026$13.7B *
R² = 98.9% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$88,708/yr
Median rent$1,363/mo
Rent share of income18.4%
Est. mortgage (30yr, 6.5%)$21,517/yr
Mortgage share of income24.3%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate2.9%
State avg4.5%
U.S. avg5.2%
Labor force participation65.3%
Poverty rate7.6%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$354,600
Median monthly rent$1,363
Price-to-rent ratio21.7x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score72/100
Economic growth64/100
Labor market83/100
Population momentum66/100
Overall stability76/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.