Washington County

Business and Economy in Wakefield-Peacedale, RI

Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Wakefield-Peacedale , RI, is $64,497, and check out the following articles to get an inside look at its key industries and job opportunities.

Employment Overview

While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Wakefield-Peacedale ’s economy.

Employment Rate in Washington County, RI

  Employed 95.9%
  Unemployed 4.1%

Occupations in Wakefield-Peacedale , RI

Employment in Wakefield-Peacedale , RI

Employment Armed Forces 0.5%
Employment Civilian Labor Force 67.8%
Employment Not in Labor Force 31.7%
Employment Total in Labor Force 68.3%

Industry in Wakefield-Peacedale , RI

Agriculture, Forestry, Fishing and Hunting and Mining 1%
Construction 4.5%
Manufacturing 4.6%
Wholesale Trade 1.7%
Retail Trade 14.3%
Transportation and Warehousing, and Utilities 2.2%
Information 1%
Finance and Insurance, and Real Estate and Rental and Leasing 4.8%
Professional, Scientific and Management and Administrative and Waste 11%
Educational Services and Health Care and Social Assistance 30.1%
Arts, Entertainment and recreation and Accommodation and food Services 15.6%
Other Services, Except Public Administration 5%
Public Administration 4.2%