Rhode Island

Scott D. Watkins and Patrick Anderson
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Scott D. Watkins: Anderson Economic Group, LLC

A chapter in The State Economic Handbook 2008 Edition, 2007, pp 195-199 from Palgrave Macmillan

Abstract: Abstract Demographics and Socioeconomics. With a population of 1.0 million people, Rhode Island was the eighth least populous state in the United States in 2005. From 2000 to 2005 the state’s population decreased by 15,657 people, but is projected to increase to 1.2 million by 2025. This 0.6 percent projected annual growth rate compares to the projected national average of 1.0 percent. Per capita personal income in Rhode Island was $35,219 in 2005, ranking the seventeenth highest in the country and $724 above the national average. From 2000 to 2005 per capita income in the state grew at an average annual rate of 3.8 percent, compared to 2.9 percent nationally.

Keywords: National Average; Capita Income; Annual Growth Rate; Average Annual Rate; Agency Agency (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230607248_40

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