Providence, RI

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About Franchise Opportunity in

PROVIDENCE, RI

Overview
Providence is the capital and most populous city of the state of Rhode Island and is one of the oldest cities in the United States. It was founded in 1636 by Roger Williams, a Reformed Baptist theologian and religious exile from the Massachusetts Bay Colony. He named the area in honor of "God's merciful Providence" which he believed was responsible for revealing such a haven for him and his followers. The city is situated at the mouth of the Providence River at the head of Narragansett Bay.
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    Providence, RI is home to a population of 179k people, from which 84.2% are citizens. As of 2018, 29.2% of Providence, RI residents were born outside of the country (52.4k people).
  • profit
    Median household income in Providence, RI is $42,158. In 2018, the place with the highest Median Household Income in Providence, RI was Census Tract 34 with a value of $176,103, followed by Census Tract 36.02 and Census Tract 32, with respective values of $86,422 and $84,756.
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    The most common industries in Providence, RI, by number of employees, are Health Care & Social Assistance (13,362 people), Educational Services (11,098 people), and Retail Trade (9,528 people).
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    Compared to other places, Providence, RI has an unusually high number of Management of Companies & Enterprises (1.92 times higher than expected), Educational Services (1.48 times), and Administrative & Support & Waste Management Services (1.31 times) industries.
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Market Segment in Providence, RI

  • 179,435

    Population
  • 81,189

    NUMBER OF EMPLOYEES
Providence, RI
  • $42,158

    Household Income
  • 30

    MEDIAN AGE
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