State Ledger
State profile

Rhode Island FIPS 44

Population
1,091,949
Median household income
$74,489
Nonfarm employment
517,800
Business establishments
29,510

Every figure above traces to a primary source · view data sources & methodology

State Highlights

Largest employer sector
Health care and social assistance
85,644 employees
Business concentration
19.3%
of private employment in Health care and social assistance
Home prices, 1 year
+5.0%
FHFA
Federal outlays per capita
$11,338.36
USASpending.gov

Economy & Labor

Total nonfarm employment

BLS Current Employment Statistics, not seasonally adjusted · persons · 20 months available · latest observation: August 2026
Employment ratio
48.9%
employed ÷ population
Unemployed population (ACS)
35,428
Vs. July
▼ 500
Business density
27.9 per 1,000
establishments per capita

Leading Industries

Leading industries by employment

Ranked by private-sector employment, same measure as the Business & Industry tab · see the full breakdown there
1 Health care and social assistance 85,644 employees
2 Accommodation and food services 52,438 employees
3 Retail trade 49,704 employees
4 Manufacturing 40,210 employees
5 Finance and insurance 31,262 employees

Leading Public Companies

Top 5 by latest reported revenue

SEC EDGAR / XBRL Company Facts · see the full listing on the Public Companies tab
CVS HEALTH Corp · CVS
$402.07B
Retail-Drug Stores and Proprietary Stores
UNITED NATURAL FOODS INC · UNFI
$31.15B
Wholesale-Groceries, General Line
TEXTRON INC · TXT
$14.80B
Aircraft & Parts
CITIZENS FINANCIAL GROUP INC/RI · CFG
$8.25B
State Commercial Banks
HASBRO, INC. · HAS
$5.37B
Games, Toys & Children's Vehicles (No Dolls & Bicycles)

Population & People

Homeownership rate
62.3%
265.9K of 426.8K occupied homes are owner-occupied

Population by age

U.S. Census Bureau, ACS 5-year estimate (table B01001) · reconciles to total population
0–17
212.7K · 19.5%
18–24
112.7K · 10.3%
25–34
151.2K · 13.8%
35–44
130.9K · 12.0%
45–54
141.0K · 12.9%
55–64
154.9K · 14.2%
65–74
110.1K · 10.1%
75+
78.5K · 7.2%

Housing & Real Estate

Median home value
$292,600
Median gross rent
$1,097 / month
Vacancy rate
11.3%
Total housing units
481.2K
Owner-occupied homes
265.9K
Renter-occupied homes
160.9K
Home prices, 1 year
+5.0%
Home prices, 5 years
+55.6%
Latest FHFA period
2026 Q2

ACS: 2021 ACS 5-year · FHFA: 2026 Q2

ACS housing estimates from the U.S. Census Bureau — median home value reflects owner-reported value, not a current sale price. House-price changes are from the FHFA All-Transactions House Price Index, a measure of price appreciation over time, not a home-value estimate.

Federal Spending

Total federal outlays
$12.01B
Outlays per capita
$11,338.36
Total prime award value
$14.25B

Source: USASpending.gov · specific reporting period not published in this dataset