#15

Rhode Island

State Facts

Minimum Wage$12.25
2-Bedroom Housing Wage$24.32
Number of Renter Households159,280
Number of Renter Households
Below 30% AMI
49,032
Percent of Renter Households
Below 30% AMI
31%
Number of Renter Households
Below 50% AMI
78,589
Percent of Renter Households
Below 50% AMI
49%

Affordable Rent for Low Income Households

Minimum Wage Worker

$637/mo

Household at 30% of Area Median Income

$743/mo

Household at 50% of Area Median Income

$1,238/mo

Fair Market Rent

1-Bedroom Fair Market Rent

$1,045/mo

2-Bedroom Fair Market Rent

$1,264/mo

Working at minimum wage $12.25/hr

Each week you have to work 66 hours

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

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Compare Jurisdictions

Rhode IslandNewport-Middleton-Portsmouth HMFAProvidence-Fall River HMFAWesterly-Hopkinton-New Shoreham HMFA
Number of Households
Total 414,730 24,183 376,569 13,978
Renter 159,280 10,094 145,192 3,994
Percent Renters 38% 42% 39% 29%
Housing Wage
Zero-Bedroom $17.90 $21.96 $17.56 $20.06
One-Bedroom $20.10 $25.37 $19.73 $20.17
Two-Bedroom $24.32 $32.79 $23.73 $24.21
Three-Bedroom $30.44 $45.52 $29.33 $32.92
Four-Bedroom $37.34 $56.12 $35.92 $41.44
Fair Market Rent
Zero-Bedroom $931 $1,142 $913 $1,043
One-Bedroom $1,045 $1,319 $1,026 $1,049
Two-Bedroom $1,264 $1,705 $1,234 $1,259
Three-Bedroom $1,583 $2,367 $1,525 $1,712
Four-Bedroom $1,942 $2,918 $1,868 $2,155
Annual Income Needed to Afford
Zero-Bedroom $37,231 $45,680 $36,520 $41,720
One-Bedroom $41,806 $52,760 $41,040 $41,960
Two-Bedroom $50,579 $68,200 $49,360 $50,360
Three-Bedroom $63,322 $94,680 $61,000 $68,480
Four-Bedroom $77,670 $116,720 $74,720 $86,200
Minimum Wage
Minimum Wage $12.25 $12.25 $12.25 $12.25
Rent Affordable for a Full-Time Worker at Minimum Wage $637 $637 $637 $637
Work Hours/Week at Minimum Wage
Zero-Bedroom 58 72 57 65
One-Bedroom 66 83 64 66
Two-Bedroom 79 107 77 79
Three-Bedroom 99 149 96 108
Four-Bedroom 122 183 117 135
Supplemental Security Income (SSI) Payment
SSI Monthly Payment $881 $881 $881 $881
Rent affordable to SSI recipient $264 $264 $264 $264
Income Levels
30% of Area Median Income (AMI) $29,718 $34,980 $29,280 $32,400
50% of Area Median Income (AMI) $49,529 $58,300 $48,800 $54,000
Median Renter Household Income $42,921 $54,931 $41,971 $47,114
Rent Affordable at Different Income Levels
30% of Area Median Income (AMI) $743 $875 $732 $810
50% of Area Median Income (AMI) $1,238 $1,458 $1,220 $1,350
Median Renter Household Income $1,073 $1,373 $1,049 $1,178

Median Wages for Largest Occupations

OccupationTotal EmploymentMedian Hourly Wage
Waiters and Waitresses6,550$13.29
Fast Food and Counter Workers8,900$14.25
Cashiers11,120$14.49
Home Health and Personal Care Aides8,300$14.91
Retail Salespersons11,690$15.00
Teaching Assistants, Except Postsecondary3,480$15.31
Janitors and Cleaners, Except Maids and Housekeeping Cleaners6,290$15.37
Cooks, Restaurant5,920$15.42
Stockers and Order Fillers6,040$15.43
Laborers and Freight, Stock, and Material Movers, Hand7,050$17.95
Receptionists and Information Clerks4,550$18.70
Nursing Assistants8,320$18.88
Customer Service Representatives9,970$19.27
Landscaping and Groundskeeping Workers4,200$19.30
Light Truck Drivers3,410$19.32
One-Bedroom Housing Wage$20.10
Office Clerks, General9,080$22.26
Secretaries and Administrative Assistants, Except Legal, Medical, and Executive4,980$23.93
Bookkeeping, Accounting, and Auditing Clerks4,750$24.21
All Occupations457,720$24.30
Two-Bedroom Housing Wage$24.32
Maintenance and Repair Workers, General4,610$24.32
First-Line Supervisors of Retail Sales Workers3,360$24.57
Carpenters3,390$28.11
First-Line Supervisors of Office and Administrative Support Workers3,870$31.47
Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products5,510$31.99
Secondary School Teachers, Except Special and Career/Technical Education5,160$39.11
Elementary School Teachers, Except Special Education3,870$39.11
Registered Nurses10,860$40.13
Accountants and Auditors5,910$40.64
Management Analysts3,790$50.53
Software Developers3,490$53.46
General and Operations Managers6,240$60.76