Providence County, RI
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 41.87, -71.58.
Assembled 2026-10-19. Read the brief.
- 91st pct · 275th of 3,063 US counties · median $230,451
- 25th pct · 4th of 5 Rhode Island counties · median $650,424
- 20th pct · 5th of 6 counties in the Providence-Warwick metro · median $598,058
- 43rd pct · 1,738th of 3,062 US counties · median +2.9%
- 0th pct · 5th of 5 Rhode Island counties · median +4.4%
- 0th pct · 6th of 6 counties in the Providence-Warwick metro · median +4.0%
- 85th pct · 196th of 1,358 US counties · median $1,506
- 0th pct · 5th of 5 Rhode Island counties · median $2,460
- 0th pct · 6th of 6 counties in the Providence-Warwick metro · median $2,326
- 96th pct · 114th of 3,221 US counties · median 8,232
- 100th pct · 1st of 5 Rhode Island counties · median 57,458
- 100th pct · 1st of 6 counties in the Providence-Warwick metro · median 66,158
- 93rd pct · 223rd of 3,221 US counties · median $1,039
- 75th pct · 2nd of 5 Rhode Island counties · median $1,319
- 80th pct · 2nd of 6 counties in the Providence-Warwick metro · median $1,323
- 76th pct · 712th of 3,063 US counties · median 4.2
- 0th pct · 5th of 5 Rhode Island counties · median 9.9
- 0th pct · 6th of 6 counties in the Providence-Warwick metro · median 8.9
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $453,475 (Sep 2026), +2.3% over one year, +31.9% over five
- 91st pct · 275th of 3,063 US counties · median $230,451
- 25th pct · 4th of 5 Rhode Island counties · median $650,424
- 20th pct · 5th of 6 counties in the Providence-Warwick metro · median $598,058
| Item | Value | Distance |
|---|---|---|
| Providence County, RI | $453,475 · +2.3% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Typical rent $2,053/mo (Sep 2026), +4.2% over one year; price-to-rent 18.4
- 85th pct · 196th of 1,358 US counties · median $1,506
- 0th pct · 5th of 5 Rhode Island counties · median $2,460
- 0th pct · 6th of 6 counties in the Providence-Warwick metro · median $2,326
| Item | Value | Distance |
|---|---|---|
| Providence County, RI | $2,053/mo · +4.2% 1-yr |
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $2,512 a month on $453,475 at 7.40%, against an average weekly wage worth $6,556 a month: 38.3% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $453,475 × 80% = $362,780, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $2,512/mo principal and interest
- wage share = payment / (avg weekly wage $1,513 × 52 / 12 = $6,556) = 38% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $453,475 / ($1,513 × 52) = 5.8
- price-to-rent = $453,475 / ($2,053 × 12) = 18.4
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
285,278 jobs at 24,503 employers (2026 Q1); -1.3% jobs and +3.9% average weekly wage over the year
- 96th pct · 114th of 3,221 US counties · median 8,232
- 100th pct · 1st of 5 Rhode Island counties · median 57,458
- 100th pct · 1st of 6 counties in the Providence-Warwick metro · median 66,158
| Item | Value | Distance |
|---|---|---|
| Providence County, RI | 285,278 jobs · $1,513/wk · -1.3% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 57,407 | $1,255 | 1.34 | +0.4% |
| Accommodation and food services | 26,097 | $557 | 1.02 | -0.3% |
| Retail trade | 23,089 | $755 | 0.83 | -2.4% |
| Educational services | 18,495 | $1,341 | 3.01 | +0.7% |
| Finance and insurance | 18,032 | $3,421 | 1.55 | +0.2% |
| Manufacturing | 17,254 | $1,295 | 0.75 | -5.2% |
| Administrative and waste services | 15,741 | $1,177 | 0.97 | -3.1% |
| Professional and technical services | 15,463 | $2,284 | 0.79 | -4.5% |
| Other services | 10,490 | $962 | 1.23 | -0.6% |
| Transportation and warehousing | 9,530 | $982 | 0.79 | +2.5% |
| Wholesale trade | 7,716 | $1,786 | 0.71 | +0.3% |
| Management of companies | 6,977 | $5,070 | 1.46 | -5.6% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
No drought class at this point (USDM covers the United States only)
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
Surface water layer not loaded
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
Surface water layer not loaded
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
No USGS monitoring wells within 75 km (or above 1,500 km)
Sites found: 0, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
low (0.00)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.00 / 0.35
Banks & federal dollars #
$29.2 bn in deposits at 128 offices of 15 banks (SOD June 2026); HHI 2,879, highly concentrated. $6.0 bn federal obligations in FY2026 (direct payments $5.0 bn, grants $913.2 m), $20,986 per covered job
| Item | Value | Distance |
|---|---|---|
| Citizens Bank, National Association | $12.9 bn · 44.1% share · 31 offices | |
| Bank of America, National Association | $8.4 bn · 28.6% share · 17 offices | |
| Santander Bank, N.A. | $2.0 bn · 6.7% share · 13 offices | |
| Providence, RI | $6.0 bn FY2026 · $20,986/job |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| Citizens Bank, National Association | $12,867,969,000 | 44.1% | 31 |
| Bank of America, National Association | $8,361,774,000 | 28.6% | 17 |
| Santander Bank, N.A. | $1,958,245,000 | 6.7% | 13 |
| Beacon Bank and Trust | $1,799,355,000 | 6.2% | 13 |
| The Washington Trust Company, of Westerly | $1,186,860,000 | 4.1% | 13 |
| TD Bank, National Association | $1,035,752,000 | 3.5% | 6 |
| Eastern Bank | $388,091,000 | 1.3% | 5 |
| BankNewport | $325,016,000 | 1.1% | 5 |
| JPMorgan Chase Bank, National Association | $318,786,000 | 1.1% | 8 |
| Webster Bank, National Association | $279,898,000 | 1.0% | 4 |
Deposit concentration is 2,879 across 15 banks, which the 1995 Department of Justice bank merger screen calls highly concentrated.
HHI = Σ (share %)² over 15 banks with deposits in the county = 44.1² + 28.6² + 6.7² + … (12 more) = 2,879
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
That is $20,986 per covered job, against 285,278 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $6.0 bn / 285,278 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $20,986
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 17.95 | 2026-10-18 | -2.6% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.20 | 2026-10-19 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 7.00 | 2026-10-13 | +133.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 7,848.00 | 2026-09-01 | +14.9% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 101.91 | 2026-10-14 | +1.0% |
| 30-year fixed mortgage rate · % | 7.40 | 2026-10-15 | +0.0% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 652,115.00 | 2026-09-01 | +0.7% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Providence County, RI: 23 findings, 6 at a watch level and 17 noted
watchProvidence County, RI's covered employment is -1.3% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -1.3 < 0
BLS QCEW over-the-year percent change, as published; not an official level
watchProvidence County, RI's typical asking rent of $2,053 scores 86 on the 0-to-100 scale across US counties but 0 across Rhode Island counties, a gap of 86 points.
Period 2026-09.Show the arithmetic
- 86 = |86 across US counties - 0 across Rhode Island counties|
position among the entities that published this metric this period; not an official level
watchProvidence County, RI's years of wages of 5.8 scores 77 on the 0-to-100 scale across US counties but 0 across Rhode Island counties, a gap of 77 points.
Period 2026-09.Show the arithmetic
- 77 = |77 across US counties - 0 across Rhode Island counties|
- typical home value / (average weekly wage × 52); one average covered job, not a household
position among the entities that published this metric this period; not an official level
watchProvidence County, RI's typical home value of $453,475 scores 91 on the 0-to-100 scale across US counties but 25 across Rhode Island counties, a gap of 66 points.
Period 2026-09.Show the arithmetic
- 66 = |91 across US counties - 25 across Rhode Island counties|
position among the entities that published this metric this period; not an official level
watchProvidence County, RI's typical home value of +2.3% scores 43 on the 0-to-100 scale across US counties but 0 across Rhode Island counties, a gap of 43 points.
Period 2026-09.Show the arithmetic
- 43 = |43 across US counties - 0 across Rhode Island counties|
position among the entities that published this metric this period; not an official level
Read all 12 findings in the full brief
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.