Providence city, RI

ZIP 02906 — Economy & Jobs

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Providence city, RI (02906)

Median Income

$102,796

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+972

Wealth inflow

Population

26,327

Unemployment

5.3%

1.6pp above US avg

IRS migration statistics show a net inflow of about 972 for ZIP 02906 (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

5.3%+44% vs US avg

Self-Employed

1.0%-83% vs US avg

SNAP Benefits

3.0%-75% vs US avg

736

Establishments

11,971

Employees

~16 per establishment — small businesses dominate

Education

Top Industry

Economic Distributions

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

Occupation

Industry

Agriculture, forestry, mining0.3%
Construction1.8%
Manufacturing8.2%
Wholesale trade0.6%
Retail trade8.4%
Transportation, utilities2.2%
Information2.9%
Finance, insurance, real estate6.6%
Professional, scientific, management16.3%
Education, health care, social41.3%
Arts, entertainment, food services6.1%
Other services2.9%
Public administration2.3%

Household Income

Historical Trends in 02906 (2020–Present)

Since 2020, population declined 6.8%, median income rose 4.7% (inflation-adjusted), home values increased 16.1%.

Median Income

$102,796

+37% vs US avg

Unemployment Rate