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Valley Apartments For Rent in Providence, RI

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Apartments for Rent in Providence, RI

Providence is a medium-sized city in Rhode Island with a population of just over 179,000. Young adults (15-24) can expect to feel welcome, as they make up an above-average percentage of the population, while retirees are less well-represented. At an average age of just under 34, the city's population is notably younger than most cities in Rhode Island, ranking as the third-youngest municipality in the state. Just 35% of residents own their homes in Providence, as most rent. At $946 a month, the average rent is roughly the same as the state average.

Providence's average commute time ranks as one of the best in the state at about 25 minutes, 8th-quickest in the state. Driving a car or truck is the most common way to get to work, selected by 33% of residents, while public transportation is not extensively used. Relatively few commuters (5%) walk to work, though the number is well above the national average.

Among residents older than 25 in Providence, 10% have earned a Bachelor's degree and 7% possess a Master's degree or Doctorate. Many Providence residents work in one of five industries: healthcare, education, retail, manufacturing, and entertainment. Together, these industries account for 31% of the labor force in the city. Meanwhile, in terms of job function, 5% of residents work in sales, which ranks as the top career path in the city. Providence workers bring in an average annual income of just over $58K, 6th-lowest in Rhode Island. The city's average income also trails the national average ($73,345).