Warwick, Rhode Island Income Statistics
Warwick Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Warwick Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Warwick | Rhode Island Avg | US Average |
|---|---|---|---|
| Median Household Income | $88,274 | $88,093 | $80,455 |
| Median Personal Income | $67,078 | $66,452 | $60,758 |
| Average Yearly Income Growth | 3.6% | 5.2% | 4.8% |
| Six-Figure Earners | 13.7% | 14.6% | 13.9% |
| $200k+ Households | 12.0% | 13.8% | 13.2% |
The median household income in Warwick is about the same as in Rhode Island. Income has been growing slower in Warwick (3.6%/yr) than in Rhode Island (5.2%/yr).
About 14% of adults in Warwick earn six figures ($100,000 or more) a year, lower than the Rhode Island average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Warwick, Rhode Island grew by 44.4% from 2009 to 2024, reaching $88,274 in 2024. That's an average of about 3.6% per year.
Income Inequality and the Gender Pay Gap in Warwick
| Metric | Warwick | Rhode Island Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.500 | 0.529 | 0.552 |
| Male Median Income | $77,828 | $75,201 | $69,667 |
| Female Median Income | $65,659 | $63,031 | $56,850 |
| Gender Pay Gap | 15.6% | 16.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Warwick, it is 0.500, lower than Rhode Island's 0.529, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 19% more than women's income in Warwick, Rhode Island. Over a 35-year career, a 19% wage gap accumulates to roughly $425,915 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Warwick, Rhode Island has narrowed from about 22% to 16% in 2024. Over that period the gap was widest at 25% in 2012, and was narrowest at 10% in 2017. In dollar terms, the gap has widened by $486 since 2009.
Employment
| Metric | Warwick | Rhode Island Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 5.8% | 5.2% |
| Working from Home | 12.3% | 13.0% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 2,360 people are unemployed in Warwick, Rhode Island.
The average commute time in Warwick is 21 minutes, about the same as in Rhode Island.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Warwick, Rhode Island has fallen from 8.2% to 5.1% in 2024. Over that period the rate peaked at 9.1% in 2013 and fell as low as 3.7% in 2019.
Warwick, RI Wealth Compared With Nearby Cities
Warwick, RI is typical in size for this group, 82,883 residents against a local median of 79,514, so the measures below are close to a like for like comparison. Warwick, RI's income growth, at 3.6%/yr, runs 33% below the 5.3%/yr typical of the cities around it. That is the weaker end of the local range on this measure.
Unemployment tells the same story from another angle: 5.1% against a local median of 6.7%, 23% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Warwick, RI is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 2.8%/yr on income growth, so Warwick, RI sits at one end of an already wide local range rather than apart from it. Warwick, RI has the 5th highest income growth of the 5 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Warwick, RI | 82,883 | $88,274 #2/5 | 3.6%/yr #5/5 | 5.1% #1/5 | 0.500 #2/5 |
| Cranston, RI | 83,232 | $90,177 | 4.8%/yr | 6.1% | 0.532 |
| East Providence, RI | 47,128 | $75,877 | 4.8%/yr | 5.5% | 0.500 |
| Providence, RI | 191,427 | $67,755 | 7.7%/yr | 8.2% | 0.581 |
| Pawtucket, RI | 75,796 | $69,228 | 5.8%/yr | 7.3% | 0.497 |
Conclusion
Considering all these factors, Warwick, Rhode Island has an overall wealth index grade of B, making it somewhat better than Rhode Island, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Warwick, Rhode Island.
How Rich Is Warwick, Rhode Island?
Warwick has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $88,274, close to the Rhode Island average of $88,093.
How has median household income changed in Warwick, Rhode Island?
Between 2009 and 2024, the median household income in Warwick, Rhode Island rose 44%, from $61,128 to $88,274. Over the same years, income here lagged behind Rhode Island as a whole: +44% against +57%.
What was the median household income in Warwick in 2023?
In 2023, the median household income in Warwick, Rhode Island was $87,480, up 7% from $81,718 in 2022. The Rhode Island median that year was $86,472.
What was the median household income in Warwick in 2020?
In 2020, the median household income in Warwick, Rhode Island was $73,030. By 2024 it had risen 21% to $88,274.
What is the Gini coefficient in Warwick, Rhode Island?
The Gini coefficient in Warwick is 0.500. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Warwick, Rhode Island?
Since 2009, the income gap between men and women in Warwick, Rhode Island has narrowed from about 22% to 16% in 2024. Over that period the gap was widest at 25% in 2012, and was narrowest at 10% in 2017. In dollar terms, the gap has widened by $486 since 2009.
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