Source link : https://usa-news.biz/2026/01/11/rhode-island/u-s-rhode-island-median-household-income-1990-2023-statista/

Rhode Island’s Economic Landscape: A Deep Dive into Median Household Income from 1990 to 2023

As the smallest state in the U.S., Rhode Island may be often overshadowed by its larger neighbors in discussions about economic trends, but its financial landscape tells a compelling story of resilience and change. From the remnants of the industrial boom in the early ’90s to the modern economic challenges exacerbated by global shifts, understanding the trajectory of median household income in the Ocean State provides crucial insight into the broader trends affecting New England and the nation as a whole. Drawing on extensive data from Statista, this article examines how Rhode Islanders’ earning patterns have evolved over the past three decades, revealing the economic pressures and shifts that have shaped the livelihood of families across the state. As we dissect the figures from 1990 to 2023, we will explore not only the numbers behind household incomes but also the underlying social and economic factors that contribute to the financial well-being of Rhode Island’s residents.

Over the last thirty years, Rhode Island has experienced meaningful fluctuations in median household income, reflecting broader economic shifts and local developments. In 1990, the median household income stood at approximately $38,000, a figure that spoke to the state’s post-industrial landscape. This number saw gradual growth…

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Author : Jackson Lee

Publish date : 2026-01-12 00:41:00

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