Salaries in Woonsocket, RI

Let’s get one thing straight about Woonsocket: it’s not a fallback city for folks who couldn’t hack it somewhere bigger. It’s a place where a software developer can pull in nearly $127,000 while the median household income sits at $58,614. That’s a stark gap, and it tells you exactly who the winners are here.

Woonsocket’s cost of living sits just a hair above the national average at 100.9. That sounds benign, but it’s a squeeze when you pair it with the local pay scale. The average salary across all roles is $57,160, which gives you a COL-adjusted take-home of about $56,650. That’s not nothing, but it doesn’t stretch as far as you’d hope when a one-bedroom apartment runs you $1,362 a month. You’re not getting a bargain, but you’re not getting gouged either. It’s a wash, and a tight one at that.

Financially, this city lives and dies by its healthcare and manufacturing roots. You’ve got Landmark Medical Center and the global headquarters of CVS Health (which is technically in neighboring CVS Health's footprint but anchors the whole region’s job market) as the twin engines. They’re why registered nurses and accountants—two professions that support the corporate and clinical infrastructure—rank so high on the pay list. The 18.6% of residents with a bachelor’s degree know where the opportunities are.

The catch? Wages for most aren’t keeping pace with the creeping cost of living. A 3.8% unemployment rate means jobs are there, but the median income hasn’t moved much. This city works well if you’re in a top-paying field or a two-income household. For everyone else, it’s a grind. The data below will show you exactly where you’d stand.