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Economic Atlas
Places/RI/Providence
County profile

Providence

United States · GDP 2024
#126 of 3,127 US counties by GDP51st-percentile growthmore diversified than 94% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$46.7B
GDP growth
+4.5%
Jobs tracked
273,731
Employers
16,414
Avg. wage
$66.7k
Population
678,179
Labor & formation
Unemployment
3.7%
Median HH income
$78.8k±$1.7k
Business applications
7,724 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1CVS Health Corp.Healthcare$402.1B83B+2United Natural Foods, Inc.Consumer Defensive$31.8B60C3Textron Inc.Industrials$14.8B80B+4Hasbro, Inc.Consumer Cyclical$4.7B54D5Bally's CorporationConsumer Cyclical$2.4B34D6Citizens Financial Group, Inc.Financial Services$1.6B65B7Spectra Systems CorporationTechnology$64.3M80B+8Beeline Holdings Inc.Financial Services$7.8M40D9Capital Properties, Inc.Real Estate$4.8M——10MultiCell Technologies, Inc.Healthcare$49.3k——11Sparx Holdings Group, Inc.Financial Services———12Ocean Biomedical, Inc.Healthcare———

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care31%
Food & accommodation16%
Retail trade14%
Education13%
Finance & insurance13%
Manufacturing12%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
678,179
residents · 2025 · +2.8% since 2020
Income per capita $61.0k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration−13,198
International migration+27,205
Natural change+4,054

GDP trend

2019–2024 · nominal
$37.2B
2019
$36.4B
2020
$39.2B
2021
$42.3B
2022
$44.7B
2023
$46.7B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$373.6k±$3.4k
Median gross rent
$1.3k/mo±$21/mo
Vacancy rate
6.7%±0.5%
Affordability
5.6× wages
Residential permits
1,028 (1.5/1k pop)
FEMA risk score
93.7
HUD Fair Market Rent (2BR):no HUD FMR published for this area
TOP PERILS · FEMA NRI
Heat wave 97Hurricane 92Cold wave 91
FHFA HOUSE PRICE INDEX · 2016–2025
658
2016
698
2017
749
2018
780
2019
821
2020
935
2021
1077
2022
1180
2023
1285
2024
1354
2025

Transport access

BTS · FAA · USACE
Nearest interstate
5.2 km
I-295
Nearest freight rail
13.0 km
PW
Nearest port
16.2 km
PROVIDENCE STEAMBOAT CO WHARF
Nearest commercial airport
20.8 km
RHODE ISLAND TF GREEN INTL
Waterborne tonnage, host port(s) (CY2022):6,039,050 short tons/yr · Port of Providence, RI
Filing activity
SEC EDGAR

31 filings from 7 companies here in the last 90 days.

8-KUnited Natural Foods, Inc.07-09
8-KBeeline Holdings Inc.07-02
8-KBeeline Holdings Inc.07-01
DEF 14ABeeline Holdings Inc.06-29
8-KUnited Natural Foods, Inc.06-22
8-KHasbro, Inc.06-15
8-KBally's Corporation06-11
10-QUnited Natural Foods, Inc.06-09
8-KUnited Natural Foods, Inc.06-09
8-KBeeline Holdings Inc.05-28
Wage trend
BLS QCEW · 2019–2023
$66.7k
avg. annual pay · +18% since 2019
Similar US counties
nearest by GDP
San Joaquin$46.5BGuilford$46.9BEast Baton Rouge$47.1BJefferson$46.2BAlbany$46.1BUtah$47.9B
The read

Providence's economy produced $46.7B in 2024, growing 4.5% year over year — about the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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