Rhode Island, the smallest state in the United States, is home to several affluent cities that boast impressive economic opportunities, stunning natural landscapes, and a high quality of life. In this article, we will delve into the top 8 richest cities in Rhode Island, each with its own unique charm and thriving economy.
From picturesque coastal towns to vibrant urban centers, these cities offer a diverse range of industries, including technology, finance, tourism, and more. Join us as we explore the median home prices, outdoor recreation, local attractions, and economic opportunities that make these cities stand out.
Top 8 Richest Cities in Rhode Island
- Barrington
- East Greenwich
- Newport
- Narragansett
- East Providence
- Cranston
- Warwick
- Bristol
Barrington
- Population: 16,536
- Median Income: $119,213
- Unemployment Rate: 3.2%
- Poverty Rate: 2.7%
Nestled along the Narragansett Bay, Barrington is a picturesque town known for its idyllic neighborhoods and strong sense of community. The city's median income of $119,213 reflects its diverse range of industries, including finance, technology, and healthcare. Barrington is home to several prestigious educational institutions, such as Barrington High School and St. Andrew's School. Residents can enjoy outdoor recreation at the scenic Haines Memorial State Park, offering opportunities for picnicking, hiking, and birdwatching.
East Greenwich
- Population: 13,146
- Median Income: $111,586
- Unemployment Rate: 2.6%
- Poverty Rate: 3.1%
Located on the western shore of Narragansett Bay, East Greenwich exudes historic charm and offers a thriving economy. The city's median income of $111,586 is fueled by its diverse range of industries, including finance, technology, and tourism. East Greenwich is home to the prestigious New England Institute of Technology, providing excellent educational opportunities.
Visitors and residents alike can explore the vibrant Main Street, lined with boutique shops, art galleries, and upscale restaurants. Goddard Memorial State Park is a popular attraction, offering picturesque views, walking trails, and a beautiful beach for outdoor enthusiasts.
Newport
- Population: 24,672
- Median Income: $73,124
- Unemployment Rate: 4.1%
- Poverty Rate: 9.8%
Renowned for its historic mansions, breathtaking coastal scenery, and vibrant social scene, Newport is a city that seamlessly blends history, culture, and natural beauty. While the median income of $73,124 is slightly lower than other cities on this list, Newport's economic opportunities are driven by its flourishing tourism industry.
The city is home to the prestigious Salve Regina University, attracting students from around the country. Visitors can explore the opulent Newport Mansions, including The Breakers and Marble House, which provide a glimpse into the Gilded Age. The renowned Cliff Walk offers stunning ocean views and a chance to explore Newport's iconic rocky shoreline.
Narragansett
- Population: 15,868
- Median Income: $73,035
- Unemployment Rate: 3.5%
- Poverty Rate: 6.9%
Nestled along the Atlantic coast, Narragansett is a charming beach town that offers a laid-back coastal lifestyle and a strong sense of community. The median income of $73,035 is supported by a diverse range of industries, including tourism, technology, and education. The University of Rhode Island, a leading public research institution, is located in Narragansett, attracting students and fostering innovation.
Narragansett is famous for its beautiful beaches, including Scarborough State Beach and Narragansett Town Beach, which draw surfers, sunbathers, and families year-round. The Point Judith Lighthouse is a local landmark and provides breathtaking views of the surrounding coastline.
East Providence
- Population: 47,337
- Median Income: $55,556
- Unemployment Rate: 4.6%
- Poverty Rate: 11.4%
Situated along the Providence River, East Providence offers a blend of urban convenience and natural beauty. The city's diverse economy encompasses industries such as finance, technology, and healthcare, contributing to a median income of $55,556.
One of the highlights of East Providence is the scenic Crescent Park Looff Carousel, a historic landmark that has been delighting visitors since 1895. Residents can also enjoy outdoor activities at the expansive Pierce Memorial Field and the Ten Mile River Greenway, offering trails for walking, running, and biking.
Cranston
- Population: 81,456
- Median Income: $61,759
- Unemployment Rate: 4.2%
- Poverty Rate: 9.6%
Located just south of Providence, Cranston is a thriving city known for its diverse economy and strong community spirit. The median income of $61,759 is a result of a range of industries, including technology, healthcare, and finance. Cranston is home to several major employers, such as Citizens Bank and Hasbro, offering abundant job opportunities.
Outdoor enthusiasts can explore the beautiful Garden City Center, an open-air shopping mall featuring a variety of shops, restaurants, and entertainment options. The city also boasts stunning parks and recreational areas, including Roger Williams Park, which offers a zoo, botanical gardens, and walking trails.
Warwick
- Population: 81,881
- Median Income: $63,741
- Unemployment Rate: 4.1%
- Poverty Rate: 8.3%
As the second-largest city in Rhode Island, Warwick is a dynamic urban center with a rich history and a thriving economy. The median income of $63,741 is supported by a diverse range of industries, including technology, finance, and tourism. Warwick is home to T.F. Green Airport, offering convenient travel options for residents and visitors.
Warwick is a haven for outdoor enthusiasts, with its expansive coastline and beautiful parks. Goddard Memorial State Park provides opportunities for hiking, picnicking, and boating, while Rocky Point State Park offers stunning views of Narragansett Bay. The city also boasts the Warwick Mall, a popular shopping destination with a variety of stores and dining options.
Bristol
- Population: 22,954
- Median Income: $56,727
- Unemployment Rate: 3.8%
- Poverty Rate: 7.9%
Situated on the eastern shore of Narragansett Bay, Bristol is a charming coastal town known for its historic architecture and vibrant community. The median income of $56,727 is a reflection of a diverse range of industries, including tourism, education, and finance. Bristol is home to Roger Williams University, a prestigious institution offering a wide range of academic programs.
Residents and visitors can explore the town's rich history by visiting the Blithewold Mansion, Gardens & Arboretum or the Herreshoff Marine Museum. The town's annual Fourth of July parade is the oldest in the United States, drawing visitors from far and wide. Colt State Park, with its scenic views and walking trails, is a popular destination for outdoor recreation.