Providence has a population of 189,715 with a median age of 32.3. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 189,715 |
| Median Age | 32.3 |
| White | 45.6% |
| Black or African American | 15.2% |
| Asian | 6.4% |
| Hispanic or Latino | 42.6% |
The median household income in Providence is $61,365, which is 18.3% below the national median of $75,149. The per capita income is $34,521. The poverty rate is 21.3%.
The unemployment rate in Providence is 7.2%, compared to the national rate of 5.4%.
In Providence, 82.9% of residents age 25+ have a high school diploma or higher, and 34.5% hold a bachelor's degree or higher (16.3% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 82.9% |
| Bachelor's Degree or Higher | 34.5% |
| Graduate or Professional Degree | 16.3% |
The median home value in Providence is $293,000, above the national median of $281,900. The median monthly rent is $1,214. The homeownership rate is 39.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $293,000 |
| Median Monthly Rent | $1,214 |
| Homeownership Rate | 39.9% |
| Vacancy Rate | 12.4% |
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