North Kingstown Rhode Island Income Charts

This section shows the North Kingstown Rhode Island economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, North Kingstown indicates it has a Median earnings of $68,566 which is the second most median earnings of all the places in the greater North Kingstown region. The city with the highest median earnings per worker in the area is Narragansett Pier CDP which shows a median earnings of $74,018 (8.0% larger). Comparing median earnings per worker to the United States average of $53,269, North Kingstown is 28.7% larger. Also, compared with the state of Rhode Island, median earnings per worker of $56,841, North Kingstown is 20.6% larger.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $104,026 which is the second most median income of all the places in the greater North Kingstown region. The city with the highest median household income in the area is Kingston CDP which depicts a median income of $116,250 (11.8% larger). Comparing median household income to the United States average of $69,021, North Kingstown is 50.7% larger. Also, versus the state of Rhode Island, median household income of $74,489, North Kingstown is 39.7% larger.

The next section examines a variety of different income statistics for the North Kingstown metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings less than $10,000 at 6.4% of the total and is ranked #1. Second, it has the smallest proportion of earnings between $10,000 and $14,999 at 2.1% of the total. Third, it has one of the largest proportions of earnings between $75,000 and $99,999 at 19.5% of the total and is ranked #2. The only larger city being Melville CDP with 22.4%.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 37.7 which is less than most other places in the local area. The city with the highest average hours in the area is Melville CDP which depicts an average hours of 43.2 (14.6% larger). Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $34.98 which is the third most of all other places in the surrounding region. The city with the highest average hourly earnings in the area is Kingston CDP which depicts an average hourly earnings of $42.79 (22.3% larger). Comparing average hourly earnings to the United States average of $26.40, North Kingstown is 32.5% larger. Also, in comparison with the state of Rhode Island, average hourly earnings of $28.92, North Kingstown is 20.9% larger.

Figure 7 examines the number of self employed people in the North Kingstown metro area based on the number of people who reported any self employment income. North Kingstown depicts it has a Self Employed of 14.2% which is the largest of all places in the area.

Turning our attention to Figure 8, the median household income by age group, it has the largest proportion of median income-under 25 years at $109,289 of the total and is ranked #1. Second, it has one of the largest proportions of median income-25 to 44 years at $123,512 of the total and is ranked #2. The only larger city being Kingston CDP with $126,823. Third, it has in the center range of other places in the area in order of median income-45 to 64 years at $74,314 of the total.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 25.4% which is in the mid range of other places in the metro area. The city with the highest households with retirement income in the area is Kingston CDP which shows a households with retirement income of 28.0% (10.4% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has one of the largest proportions of overall family income at $128,054 of the total and is ranked #2. The only larger city being Narragansett Pier CDP with $154,009. Second, it has one of the largest proportions of white family income at $84,145 of the total and is ranked #2. The only larger city being Warwick with $97,981. Third, it has one of the largest proportions of american indian family income at $94,088 of the total and is ranked #3. Only #2 Warwick ($107,833), and #1 Newport East CDP ($250,001) are larger.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. North Kingstown depicts it has the hightest cost of 147.3 for the cost of housing grouping.

North Kingstown Rhode Island Labor Force Charts

The next two charts look at monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2022, the Covid 19 recession occurred and affects this metric. The monthly unemployment rate depicts that from February 2017 to before the disasterous Coronavirus Pandemic it went from 4.3% to 2.5% in December 2019. This represents a decrease in the monthly unemployment rate of 41.9%. Since that time, the monthly unemployment rate has gone to 2.5%. This represents an increase in the monthly unemployment rate of very little. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. The monthly labor force participation shows that from January 2017 to before the Coronavirus Pandemic it went from 14,382 to 14,873 in November 2019. This represents an increase in the monthly labor force participation of 3.4%. Since that time, the monthly labor force participation has gone to 14,873. This represents an increase in the monthly labor force participation of very little.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows North Kingstown shows it has a Unemployment Rate of 2.6% which is the second smallest when ranked by unemployment rate of all the other places in the area. The city with the highest unemployment rate in the area is Kingston CDP which shows a rate of 5.7% (approximately 2.2 times bigger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. North Kingstown depicts it has a Labor Force Participation of 67.3% which is in the mid point range of other places in the surrounding region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. North Kingstown depicts full time employees approximately 2.9 times bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater North Kingstown area. North Kingstown depicts it has a Single Earner Families of 22.8% which is the third most of all other places in the greater region. The city with the highest families with a single earner in the area is Melville CDP which shows a single earners rate of 43.1% (about twice as large). The percentage of families with no one working is depicted in Figure 22. North Kingstown shows it has a Families with No One Working of 14.4% which is less than most other places in the metro area. The city with the highest families with no one working in the area is Newport which shows a families with no worker of 20.2% (40.0% larger).

North Kingstown Rhode Island Poverty Charts

The next section details economy analysis about poverty for residents of the North Kingstown community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. North Kingstown depicts it has a Total In Poverty of 1,825 which is the third most total people earning less than the poverty level of all other places in the greater North Kingstown region. The city with the highest total people earning less than the poverty level in the area is Warwick which depicts a total people earning less than the poverty level of 5,870 (approximately 3.2 times bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. North Kingstown indicates it has a Percent of Population In Poverty of 6.6% which is less than most other places in the local area. The city with the highest percent of people earning less than the poverty level in the area is Narragansett Pier CDP which indicates a percent of people in poverty of 18.3% (approximately 2.8 times bigger).

In Figure 25 people who are in poverty are broken out by age group. North Kingstown has the largest proportion of person in poverty under 12 years at 13% of the total and is ranked #1. Second, it has the second smallest when sorted by person in poverty under 12 years of all the other places in the metro area in terms of person in poverty 12 to 17 years at 16% of the total. Third, it has the largest proportion of person in poverty 18 to 34 years at 20% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. North Kingstown has the largest proportion of american indian poverty rate at 15% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. North Kingstown has one of the largest proportions of married with children and in poverty at 38% of the total and is ranked #2. The only larger city being Newport with 57%. Second, it has one of the largest proportions of unmarried with children and in poverty at 44% of the total and is ranked #3. Only #2 Newport East CDP (44%), and #1 Newport (64%) are larger. Figure 29 looks at only those people who make less than the poverty level of income and breaks down there employment status. North Kingstown has the percentage of people who are in poverty and unemployed less than most other places in the local area at 18.0% of the total. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) North Kingstown depicts it has a Public Assistance Percent of 9.5% which is in the center range of other places in the local area. The city with the highest households with public assistance in the area is Newport which depicts a households with public assistance of 14.5% (53.0% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). North Kingstown depicts it has a Gini Index of 42.4% which is less than most other places in the local area.

North Kingstown Rhode Island Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the North Kingstown community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) North Kingstown has the smallest proportion of people who take public transportation to work at 1% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown North Kingstown or elsewhere.) North Kingstown has one of the largest proportions of people who drove alone at 81% of the total and is ranked #3. Only #2 Warwick (84%), and #1 Melville CDP (89%) are larger. Second, it has the largest proportion of people who take a Subway or elevated rail at 0% of the total and is ranked #1. Third, it has the largest proportion of people who take the Long-distance train or commuter rail at 1% of the total and is ranked #1. Also, it has the second smallest when ranked by people who drove alone of all the other places in the greater region in terms of people who walked at 1% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. North Kingstown has the largest proportion of people who leave for work between 530 am to 6am at 10% of the total and is ranked #1.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. North Kingstown has the percentage of people with commute time of less than 5 minutesutes the second smallest as measured by people with commute time of less than 5 minutes of all the other places in the greater region at 9% of the total. Second, it has the smallest proportion of people with commute time between 5 to 9 minutes at 11% of the total. Third, it has the largest proportion of people with commute time between 15 to 19 minutes at 20% of the total and is ranked #1. Also, it has the largest proportion of people with commute time between 25 to 29 minutes at 16% of the total and is ranked #1.

The average commute time is shown in Figure 37. North Kingstown shows it has a Avg Commute Time of 26 which is the highest of all places in the greater North Kingstown region. Figure 38 shows the difference between male versus female commuting time. North Kingstown depicts average commute time in minutes for men 29.4% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and North Kingstown has the smallest proportion of no vehicle available at 13% of the total. Second, it has the second smallest in terms of no vehicle available of all the other places in the metro area as measured by 1 vehicle available at 39% of the total. Third, it has the largest proportion of 2 vehicles available at 27% of the total and is ranked #1. Also, it has the largest proportion of 4 vehicles available at 7% of the total and is ranked #1.

North Kingstown Rhode Island Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. North Kingstown shows it has the hightest median earnings of $118,188 for the earnings-healthcare practitioners and tech occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and North Kingstown depicts it has the hightest median earnings of $87,813 for the management, business, and financial occupations category. The table in Figure 48, shows North Kingstown employment data in terms of job categories and salary data.

North Kingstown Rhode Island Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. North Kingstown depicts it has the hightest entrepreneurs of 74% for the self employed management, business, science, and arts businesses category.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. North Kingstown shows it has the hightest entrepreneurs of 39% for the self employed in professional, scientific, management, administrative services group.

In Figure 51 the average annual self employment/entrepreneur income is shown. North Kingstown shows it has a Self Employment Income of $49,558 which is in the mid range of other places in the local area. The city with the highest average annual self employment income in the area is Melville CDP which depicts an average annual self employment income of $54,385 (9.7% larger). Comparing average annual self employment income to the United States average of $42,141, North Kingstown is 17.6% larger. Also, benchmarked against the state of Rhode Island, average annual self employment income of $43,755, North Kingstown is 13.3% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) North Kingstown depicts total number of self-employed men 53.3% larger as the total number of self-employed women.