Rhode Island

#18

Rhode Island

State Facts

Minimum Wage $15.00
2-Bedroom Housing Wage $31.71
Number of Renter Households 160,558
Number of Renter Households
Below 30% AMI
46,341
Percent of Renter Households
Below 30% AMI
29%
Number of Renter Households
Below 50% AMI
69,906
Percent of Renter Households
Below 50% AMI
43%

Affordable Rent for Low Income Households

Minimum Wage Worker

$780/mo

Household at 30% of Area Median Income

$870/mo

Household at 50% of Area Median Income

$1,451/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$1,340/mo

2-Bedroom Fair Market Rent

$1,649/mo

Working at minimum wage $15.00/hr

Each week you have to work 69 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 436,902 25,192 397,245 14,465
Renter 160,558 9,782 147,214 3,562
Percent Renters 37% 39% 37% 25%
Housing Wage
Zero-Bedroom $24.24 $32.04 $23.71 $24.69
One-Bedroom $25.77 $32.25 $25.37 $24.85
Two-Bedroom $31.71 $42.31 $31.04 $30.31
Three-Bedroom $38.58 $56.48 $37.40 $37.88
Four-Bedroom $46.54 $64.00 $45.37 $47.29
Fair Market Rent
Zero-Bedroom $1,261 $1,666 $1,233 $1,284
One-Bedroom $1,340 $1,677 $1,319 $1,292
Two-Bedroom $1,649 $2,200 $1,614 $1,576
Three-Bedroom $2,006 $2,937 $1,945 $1,970
Four-Bedroom $2,420 $3,328 $2,359 $2,459
Annual Income Needed to Afford
Zero-Bedroom $50,420 $66,640 $49,320 $51,360
One-Bedroom $53,608 $67,080 $52,760 $51,680
Two-Bedroom $65,954 $88,000 $64,560 $63,040
Three-Bedroom $80,240 $117,480 $77,800 $78,800
Four-Bedroom $96,810 $133,120 $94,360 $98,360
Minimum Wage
Minimum Wage $15.00 $15.00 $15.00 $15.00
Rent Affordable for a Full-Time Worker at Minimum Wage $780 $780 $780 $780
Work Hours/Week at Minimum Wage
Zero-Bedroom 65 85 63 66
One-Bedroom 69 86 68 66
Two-Bedroom 85 113 83 81
Three-Bedroom 103 151 100 101
Four-Bedroom 124 171 121 126
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $1,007 $1,007 $1,007 $1,007
Rent affordable to SSI recipient $302 $302 $302 $302
Income Levels
30% of Area Median Income (AMI) $34,819 $41,850 $34,290 $37,110
50% of Area Median Income (AMI) $58,032 $69,750 $57,150 $61,850
Median Renter Household Income $51,458 $67,883 $50,262 $55,760
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $870 $1,046 $857 $928
50% of Area Median Income (AMI) $1,451 $1,744 $1,429 $1,546
Median Renter Household Income $1,286 $1,697 $1,257 $1,394

Median Wages for State’s Most Common Occupations

Occupation Total Employment Median Hourly Wage
Fast Food and Counter Workers 12,650 $14.90
Cashiers 9,710 $15.18
Bartenders 3,560 $16.49
Retail Salespersons 11,460 $17.06
Janitors and Cleaners, Except Maids and Housekeeping Cleaners 6,600 $17.80
Stockers and Order Fillers 6,890 $17.86
Cooks, Restaurant 6,490 $19.05
Laborers and Freight, Stock, and Material Movers, Hand 7,230 $19.48
Receptionists and Information Clerks 5,160 $19.75
Home Health and Personal Care Aides 8,800 $20.50
Waiters and Waitresses 11,010 $20.84
Nursing Assistants 8,450 $21.61
Landscaping and Groundskeeping Workers 4,720 $21.83
Light Truck Drivers 3,500 $22.14
Medical Assistants 3,270 $22.42
Customer Service Representatives 8,260 $22.75
Office Clerks, General 8,360 $22.81
First-Line Supervisors of Food Preparation and Serving Workers 3,470 $23.98
Maintenance and Repair Workers, General 5,100 $24.42
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive 4,390 $25.20
Housing Wage 1 Bedroom $25.77
Bookkeeping, Accounting, and Auditing Clerks 4,470 $26.29
All Occupations 493,800 $26.44
First-Line Supervisors of Retail Sales Workers 3,990 $28.39
Housing Wage 2 Bedroom $31.71
First-Line Supervisors of Office and Administrative Support Workers 4,740 $37.15
Market Research Analysts and Marketing Specialists 3,540 $37.98
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products 4,890 $38.33
Accountants and Auditors 5,980 $44.06
Registered Nurses 10,760 $48.91
Project Management Specialists 3,300 $50.32
General and Operations Managers 9,060 $59.71
Software Developers 6,010 $62.96