Providence city, RI

ZIP 02903 — Economy & Jobs

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

Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Providence city, RI (02903)

Median Income

$62,987

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+455

Wealth inflow

Population

12,309

Unemployment

5.9%

2.2pp above US avg

IRS migration statistics show a net inflow of about 455 for ZIP 02903 (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

5.9%+59% vs US avg

Self-Employed

1.1%-82% vs US avg

SNAP Benefits

20.2%+73% vs US avg

1,591

Establishments

43,239

Employees

~27 per establishment — mix of small and larger employers

Education

Top Industry

Economic Distributions

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

Occupation

Industry

Construction2.3%
Manufacturing11.7%
Wholesale trade1.1%
Retail trade9.5%
Transportation, utilities1.0%
Information2.1%
Finance, insurance, real estate3.9%
Professional, scientific, management9.6%
Education, health care, social37.1%
Arts, entertainment, food services15.3%
Other services5.5%
Public administration0.8%

Household Income

Historical Trends in 02903 (2020–Present)

Since 2020, population grew 7.6%, median income rose 15.4% (inflation-adjusted), home values decreased 13.2%.

Median Income

$62,987

-16% vs US avg

Unemployment Rate