Senior Life in Rhode Island

Rhode Island has a higher than national average of residents who are over the age of 65. Currently, 13.8 % of Rhode Island residents are seniors. The US average is 12.4%. There are currently more than 147,000 seniors in Rhode Island. This number will most certainly rise in the coming years, as well as the need for assisted living and long term care in Rhode Island.

Economy:

Despite diversifying into a more service-based economy, Rhode Island still makes many of the products that supported it throughout the 20th century. The state's manufacturing industry produces jewelry and silver, textiles, fabricated metals, and plastic and rubber products. But healthcare, government and services provide the most jobs overall. There is also a corporate presence from financial firms such as Citizens Financial Group, which is headquartered in Providence.

Noteworthy:

State taxes in Rhodes Island are notoriously high even for New England, which is known for having higher tax rates.