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Rhode Island

State Facts

Minimum Wage $14.00
2-Bedroom Housing Wage $33.20
Number of Renter Households 161,269
Number of Renter Households
Below 30% AMI
48,317
Percent of Renter Households
Below 30% AMI
30%
Number of Renter Households
Below 50% AMI
76,753
Percent of Renter Households
Below 50% AMI
48%

Affordable Rent for Low Income Households

Minimum Wage Worker

$728/mo

Household at 30% of Area Median Income

$853/mo

Household at 50% of Area Median Income

$1,421/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$1,417/mo

2-Bedroom Fair Market Rent

$1,726/mo

Working at minimum wage $14.00/hr

Each week you have to work 78 hours

To afford a modest 1 bedroom rental home at Fair Market Rent

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Compare Jurisdictions

Rhode Island Newport-Middleton-Portsmouth HMFA Providence-Fall River HMFA Westerly-Hopkinton-New Shoreham HMFA
Number of Households
Total 432,219 24,945 393,236 14,038
Renter 161,269 9,843 147,817 3,609
Percent Renters 37% 39% 38% 26%
Housing Wage
Zero-Bedroom $25.31 $33.00 $24.79 $25.62
One-Bedroom $27.25 $33.23 $26.88 $25.77
Two-Bedroom $33.20 $43.65 $32.56 $30.96
Three-Bedroom $40.49 $57.67 $39.37 $39.60
Four-Bedroom $50.09 $69.10 $48.77 $52.54
Fair Market Rent
Zero-Bedroom $1,316 $1,716 $1,289 $1,332
One-Bedroom $1,417 $1,728 $1,398 $1,340
Two-Bedroom $1,726 $2,270 $1,693 $1,610
Three-Bedroom $2,105 $2,999 $2,047 $2,059
Four-Bedroom $2,605 $3,593 $2,536 $2,732
Annual Income Needed to Afford
Zero-Bedroom $52,641 $68,640 $51,560 $53,280
One-Bedroom $56,674 $69,120 $55,920 $53,600
Two-Bedroom $69,054 $90,800 $67,720 $64,400
Three-Bedroom $84,215 $119,960 $81,880 $82,360
Four-Bedroom $104,196 $143,720 $101,440 $109,280
Minimum Wage
Minimum Wage $14.00 $14.00 $14.00 $14.00
Rent Affordable for a Full-Time Worker at Minimum Wage $728 $728 $728 $728
Work Hours/Week at Minimum Wage
Zero-Bedroom 72 94 71 73
One-Bedroom 78 95 77 74
Two-Bedroom 95 125 93 88
Three-Bedroom 116 165 112 113
Four-Bedroom 143 197 139 150
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $983 $983 $983 $983
Rent affordable to SSI recipient $295 $295 $295 $295
Income Levels
30% of Area Median Income (AMI) $34,110 $39,570 $33,720 $35,340
50% of Area Median Income (AMI) $56,850 $65,950 $56,200 $58,900
Median Renter Household Income $48,815 $66,641 $47,368 $59,432
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $853 $989 $843 $884
50% of Area Median Income (AMI) $1,421 $1,649 $1,405 $1,473
Median Renter Household Income $1,220 $1,666 $1,184 $1,486

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Fast Food and Counter Workers 13,660 $14.19
Cashiers 10,110 $14.87
Waiters and Waitresses 9,430 $15.73
Retail Salespersons 12,030 $16.98
Childcare Workers 3,390 $17.32
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 6,300 $17.79
Stockers and Order Fillers 7,010 $18.18
Receptionists and Information Clerks 5,500 $18.57
Laborers and Freight, Stock, and Material Movers, Hand 7,640 $18.59
Cooks, Restaurant 6,890 $18.64
Home Health and Personal Care Aides 8,040 $18.69
Nursing Assistants 8,370 $20.49
Light Truck Drivers 3,720 $20.98
Customer Service Representatives 10,210 $21.52
Office Clerks, General 9,380 $21.86
Landscaping and Groundskeeping Workers 4,480 $22.15
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 4,320 $24.40
Bookkeeping, Accounting, and Auditing Clerks 4,690 $24.61
Maintenance and Repair Workers, General 4,900 $24.76
All Occupations 488,220 $25.10
One-Bedroom Housing Wage $27.25
First-Line Supervisors of Food Preparation and Serving Workers 3,910 $27.78
First-Line Supervisors of Retail Sales Workers 3,760 $28.65
Heavy and Tractor-Trailer Truck Drivers 3,370 $28.91
Two-bedrooom Housing Wage $33.20
First-Line Supervisors of Office and Administrative Support Workers 4,310 $35.68
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 5,170 $38.63
Management Analysts 4,050 $41.86
Accountants and Auditors 6,350 $45.38
Registered Nurses 11,350 $46.71
Project Management Specialists 3,450 $48.92
General and Operations Managers 7,710 $60.20
Software Developers 5,460 $63.53