HomeRhode IslandProvidence CountyProvidence city
Providence city, Rhode Island: commercial real estate data.
Providence city is a Census city of 191,767 people across 18.41 square miles of land, in Providence County. Median household income is $68,119, 41.4 percent of occupied homes are owned, and the SBA record carries 212 7(a) approvals to borrowers here worth $68.0 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Providence
What Providence is
- Census place typecity
- Land area18.41 sq mi
- Water area2.18 sq mi
- Population per square mile of land10,419
- County holding the largest share of its areaProvidence County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Providence
How many people live in Providence
- Population191,767
- Median age32.8
- Population under 1838,533
- Share under 1820.1 percent
- Population 65 and over22,205
- Share 65 and over11.6 percent
- Households71,497
- Family households38,189
- Share of households that are families53.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Providence
Income and work in Providence
- Median household income$68,119
- Per capita income$37,138
- Civilian labor force101,717
- Employed93,381
- Unemployed8,336
- Unemployment rate8.2 percent
- Adults 25 and over121,416
- Adults 25 and over with a high school diploma or higher82.1 percent
- Adults 25 and over with a bachelor degree or higher34.6 percent
- Adults 25 and over with a graduate degree16.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Providence
Housing in Providence
- Housing units79,423
- Occupied units71,497
- Vacant units7,926
- Vacancy rate10.0 percent
- Owner occupied29,601
- Renter occupied41,896
- Ownership rate41.4 percent
- Median owner-occupied home value$362,200
- Median gross rent, monthly$1,408
- Annual rent as a share of median income24.8 percent
- Single family units23,869
- Share single family30.1 percent
- Units in buildings of two or more55,395
- Share in buildings of two or more69.7 percent
- Mobile homes159 plus or minus 132
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Providence
How Providence gets to work
- Workers 16 and over who commute76,975
- Commuting under 15 minutes21,669
- Share commuting under 15 minutes28.2 percent
- Commuting 30 minutes or more24,131
- Share commuting 30 minutes or more31.3 percent
- Drove alone60.5 percent
- Carpooled10.0 percent
- Public transport4.1 percent
- Walked7.3 percent
- Worked from home14.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Providence
SBA loans in Providence (7(a))
- Approvals212
- Gross approval$68,043,400
- Average approval$320,959
- Median approval$125,000
- Ninetieth percentile approval$600,000
- Largest approval$5,000,000
- Jobs supported1,815
- Jobs per approval8.6
- Loans with a final outcome33
- Paid in full26
- Charged off7
- Charge-off rate over resolved loans21.2 percent
- Median term120 months
- Share on real estate terms of 20 years or more9.0 percent
- Share to franchises6.6 percent
- Distinct lenders42
- Distinct industries by NAICS99
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Providence
SBA loans in Providence (504)
- Approvals91
- Gross approval$39,975,000
- Average approval$439,286
- Median approval$272,000
- Largest approval$2,711,000
- Jobs supported605
- Loans with a final outcome20
- Charged off1
- Charge-off rate over resolved loans5.0 percent
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Providence County, not Providence
Providence County context, not Providence figures
These are Providence County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Providence measurements.
- Establishments in Providence County16,414
- Employment at those establishments, Providence County273,731
- Covered employment, Providence County288,107
- Average annual pay, Providence County$68,852
- Average weekly wage, Providence County$1,324
- Housing units permitted, Providence County782
- Of those, single family, Providence County314
- County product, 2024, Providence County$46,726,521,000
- County product change over the prior year, Providence County4.5 percent
- Average income of an arriving household, Providence County$68,047
Every figure in this section is published for Providence County as a whole and is not a measurement of Providence. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Providence questions, answered from the record.
How many people live in Providence, Rhode Island?
191,767, in 71,497 households. Providence city covers 18.41 square miles of land, which is 10,419 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Providence in?
Providence County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Providence?
$68,119. The median owner-occupied home is valued at $362,200. Median gross rent is $1,408 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Providence businesses?
212 7(a) approvals totalling $68.0 m, across 42 lenders, median approval $125,000, plus 91 504 approvals worth $40.0 m. These count approvals to borrowers whose address is in Providence, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Providence borrowers get paid back?
Of the 33 loans that have reached a final outcome, 26 were paid in full and 7 charged off, a charge off rate of 21.2 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Providence figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Providence County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Providence.
Is zoning published for Providence?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.