Last updated: 2024 BLS data · Page refreshed:
Providence has a population of 191,767 with a median age of 32.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 191,767 |
| Median Age | 32.8 |
| White | 37.4% |
| Black or African American | 11.5% |
| Asian | 6.2% |
| Hispanic or Latino | 45.3% |
The median household income in Providence is $68,119, which is 15.5% below the national median of $80,610. The per capita income is $37,138. The poverty rate is 20.7%.
The unemployment rate in Providence is 5.3%, compared to the national rate of 4.1%.
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In Providence, 82.1% of residents age 25+ have a high school diploma or higher, and 34.6% hold a bachelor's degree or higher (16.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 82.1% |
| Bachelor's Degree or Higher | 34.6% |
| Graduate or Professional Degree | 16.6% |
The median home value in Providence is $362,200, above the national median of $303,400. The median monthly rent is $1,408. The homeownership rate is 41.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $362,200 |
| Median Monthly Rent | $1,408 |
| Homeownership Rate | 41.4% |
| Vacancy Rate | 10.0% |
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