Median Salary
$83,585
Above National Avg
Hourly Wage
$40.19
Dollars / Hr
Workforce
0.4k
Total Jobs
Growth
+36%
10-Year Outlook
The Data Analyst's Guide to Providence, Rhode Island
As someone whoâs watched Providence grow from a post-industrial city to a burgeoning hub for healthcare, education, and tech, I can tell you this: itâs a city that rewards the curious and the data-driven. Youâre not just looking for a job; youâre looking for a community where data informs everything from public health policy to university research. Providence is that place. Itâs a compact, walkable city where the cost of living sits just above the national average, but where the job market, particularly in healthcare and education, is robust and hungry for analysts.
This guide cuts through the noise. Weâll look at the real numbers, the specific employers, and the neighborhoods where youâll actually want to live. Letâs get to the data.
The Salary Picture: Where Providence Stands
Letâs start with the bottom line. For Data Analysts, Providence offers a competitive salary that slightly edges out the national average. The median salary is $83,585/year, which breaks down to an hourly rate of $40.19/hour. This is just above the national average of $83,360/year. The metro area (Providence-Warwick) has a solid job pool for this role, with approximately 381 jobs available at any given time. The 10-year job growth projection is a healthy 36%, signaling strong demand ahead.
Hereâs how that salary breaks down by experience level. Note that these are extrapolated trends based on the median and local market dynamics, as specific experience-level data isnât always published in a single source.
| Experience Level | Estimated Annual Salary | Key Responsibilities |
|---|---|---|
| Entry-Level (0-2 years) | $65,000 - $72,000 | Data cleaning, basic reporting (Tableau/Power BI), SQL querying for standard reports. |
| Mid-Level (3-5 years) | $78,000 - $88,000 | Advanced analytics, dashboard creation, statistical analysis, cross-functional projects. |
| Senior-Level (6-9 years) | $90,000 - $105,000 | Leading analytics projects, mentoring juniors, complex modeling, stakeholder management. |
| Expert/Lead (10+ years) | $110,000+ | Strategy, architecture, advanced ML, driving data culture, executive-level presentations. |
How does Providence compare to other RI cities?
- Providence: The hub. Highest concentration of jobs, best for career growth. $83,585 median.
- Cranston/ Warwick: More residential, lower cost of living. Salaries are similar but fewer corporate HQ jobs. Commutes to Providence are easy (15-20 mins).
- Newport: Dominated by tourism and naval-related jobs. Salaries can be higher in specialized sectors but the job market is much smaller.
- Pawtucket/ Central Falls: Manufacturing and logistics focus. Salaries may be slightly lower, but opportunities exist in operational data analysis.
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Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
That $83,585 median salary sounds great, but let's talk about what it means in your bank account. Providenceâs cost of living index is 100.9 (US avg = 100), meaning itâs about 0.9% more expensive than the national average, driven largely by housing.
Monthly Budget Breakdown (Data Analyst earning $83,585/year):
- Gross Monthly Pay: $6,965
- Estimated Taxes (Federal + State + FICA ~25%): -$1,741
- Net Monthly Pay (Take-Home): ~$5,224
- Average 1BR Rent: -$1,398
- Remaining for Utilities, Food, Transport, Savings: ~$3,826
This is a manageable budget. You can live comfortably, save, and enjoy the city. Providence is a city of renters; homeownership is a different conversation.
Can you afford to buy a home?
Letâs be direct. The median home price in the Providence metro is around $425,000. With a 20% down payment ($85,000), youâre looking at a mortgage of $340,000. At a 6.5% interest rate (current ballpark), your monthly payment (PITI) would be roughly $2,700. Thatâs over half your take-home pay. Itâs a stretch on a single salary of $83,585. Most analysts buying in Providence do so as a dual-income household or after reaching a senior salary level ($100k+). Renting is the standard for early-career analysts here.
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Where the Jobs Are: Providence's Major Employers
Providenceâs economy is anchored in three sectors: healthcare, education, and the public sector. Data analysts are critical in all three. Here are your prime targets:
- CVS Health (Corporate HQ, Woonsocket - 15 min drive): The biggest player. Their analytics needs are massive, spanning retail, pharmacy, and health insurance. They hire for supply chain analytics, customer analytics, and actuarial roles. Hiring is continuous, but competition is high. Insider tip: Network with analysts on LinkedIn who work in their "Analytics & Insights" division.
- Brown University & Lifespan Health System: Often intertwined. Brownâs research labs and Lifespanâs (Rhode Island Hospital, The Miriam Hospital) clinical operations are data goldmines. Youâll find roles in clinical outcomes research, operational efficiency, and biomedical informatics. These jobs often require a Masterâs degree.
- University of Rhode Island (URI) & Providence College: While not in downtown Providence, their administrative and research arms hire analysts for enrollment, financial aid, and grant-funded research. Stable, with great benefits.
- State of Rhode Island: Departments of Health, Education, and Labor are constantly hiring data analysts for public policy, funding allocation, and epidemiological tracking. The pay is public and transparent (often slightly lower than private sector) but offers unparalleled job security and a pension.
- Fidelity Investments (Cumberland - 10 min drive): A major financial services employer. Their need is for financial data analysts, risk analysts, and reporting specialists. Tech stack often includes SAS, SQL, and proprietary systems.
- Local Tech Startups & Agencies: The Providence Innovation District (around the Jewelry District) is growing. Companies like DataXtract or local digital marketing agencies (like Jellyfish) hire analysts for client-facing web analytics and business intelligence. Salaries here can be higher but less stable.
Hiring Trends: Thereâs a shift towards analysts who can communicate insights to non-technical stakeholders. Proficiency in tools like Tableau, Power BI, and advanced SQL is a baseline. Python/R for statistical modeling is a major differentiator, especially in healthcare and research roles.
Getting Licensed in RI
For Data Analysts, there is no state-specific license required. Unlike fields like nursing or law, your career is governed by your skills and certifications, not a state board.
However, professional certifications are highly valued and can boost your salary:
- Google Data Analytics Professional Certificate: Affordable and recognized.
- Microsoft Certified: Power BI Data Analyst Associate: Very relevant for corporate roles.
- Tableau Desktop Specialist: A staple in many Providence firms.
- For healthcare roles: Familiarity with HIPAA compliance and electronic health record (EHR) systems (like Epic) is more important than any license.
Cost & Timeline:
- Certification exams typically cost $100 - $200 each.
- You can prepare and take an exam in 1-3 months of part-time study.
- No background check or state application is needed. Your degree and portfolio are your "license."
Best Neighborhoods for Data Analysts
Providence is famously walkable, but your commute and lifestyle will depend on where you live. Here are top picks:
| Neighborhood | Vibe & Commute | Avg. 1BR Rent | Best For |
|---|---|---|---|
| Downtown/Downcity | Urban, walkable, near State House & corporate offices. Easy commute to many jobs. | $1,650 | Young professionals who want a short walk to work and nightlife. |
| Fox Point | Historic, near Brown University and the waterfront. Quaint, quiet, with great cafes. | $1,550 | Analysts in academia or healthcare who value a residential feel. |
| East Side (College Hill) | Affluent, beautiful homes, top schools. Close to hospitals and universities. | $1,800 | Senior analysts or those with families who prioritize stability and prestige. |
| Olneyville | Up-and-coming, more affordable, diverse. A 10-minute drive to downtown. | $1,250 | Budget-conscious analysts who want a vibrant, authentic neighborhood. |
| Cranston (outside city proper) | Suburban, family-friendly, more space. Easy highway access to Providence. | $1,350 | Analysts with cars who prefer a suburban lifestyle and commute. |
Insider Tip: Parking in downtown and Fox Point is a nightmare and expensive. If you live there, budget an extra $150-$200/month for a garage spot or be prepared to street-park creatively.
The Long Game: Career Growth
Providence is a great place to build a career, but you need a plan. The 36% 10-year job growth is your runway.
- Specialty Premiums: Youâll see a 10-20% salary premium for analysts with:
- Healthcare Analytics: Lifespan, Care New England.
- Financial/Actuarial Analytics: Fidelity, Amica.
- Advanced Modeling (ML/Python): Tech startups, CVS.
- Advancement Paths: The typical path is Junior Analyst -> Analyst -> Senior Analyst -> Analytics Manager. In Providence, a common pivot is to a "Data Scientist" title, which in this market often means a Senior Analyst who builds predictive models. Another path is into Business Intelligence (BI) Developer roles, focusing on dashboard engineering.
- 10-Year Outlook: With the growth in healthcare data (driven by Lifespan/Brown) and the continued expansion of CVS, demand will remain strong. The key will be adapting to AI tools. Analysts who learn to leverage AI for data cleaning and basic modeling will be indispensable.
The Verdict: Is Providence Right for You?
| Pros | Cons |
|---|---|
| Strong job market in stable sectors (Healthcare, Ed, Public). | Housing costs are high relative to salaries, especially for homeownership. |
| Walkable, vibrant city with a great food scene and arts culture. | Winters are cold and gray. The city can feel quiet after a snowstorm. |
| Slightly above-average salary for the role. | Traffic on I-95 and I-195 can be congested during rush hour. |
| Central location to Boston, NYC, and other New England hubs. | The "Brain Drain" is real; some talent leaves for higher-paying markets in Boston. |
| Lower cost of living than Boston (by a significant margin). | Public schools are a mixed bag; research is key if you have kids. |
Final Recommendation: Providence is an excellent choice for mid-career Data Analysts (3-8 years experience) who value quality of life over the maximum possible salary. Itâs not the place to get rich quick, but itâs a fantastic place to build a stable, fulfilling career without the crushing cost of a major coastal metropolis. Itâs perfect if you work in healthcare, education, or the public sector.
FAQs
1. Do I need a car in Providence?
It depends. If you live and work downtown, you can walk, bike, or use the bus (RIPTA). If your job is in a suburb like Cumberland or Woonsocket (CVS), a car is essential. Parking is a major headache and expense downtown.
2. Whatâs the tech stack I should know?
For corporate jobs (CVS, Fidelity): SQL, Excel (advanced), Tableau/Power BI. For research/healthcare: SQL, R or Python, SAS (common in legacy systems), and EHR familiarity.
3. Is Providence safe?
Like any city, itâs neighborhood-dependent. Downtown, Fox Point, and the East Side are generally safe and heavily policed. Areas like Olneyville and parts of the West End have higher crime rates but are also more affordable. Always visit a neighborhood at night before renting.
4. Howâs the work-life balance?
Generally good. The 9-to-5 is common in corporate and government roles. Healthcare and startup roles can have more variable hours, especially during project deadlines. The cityâs compact size means youâre never far from home.
5. Whatâs the best way to network locally?
Join the Rhode Island Data Science Meetup group. Attend events at the Providence Public Library or Brown Universityâs data science seminars. LinkedIn is king, but local events help you meet hiring managers at Lifespan and CVS who arenât actively posting jobs.
Sources: Salary data compiled from U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics, May 2023, for "Data Scientists" and related roles; local job boards (Indeed, LinkedIn); and cost-of-living data from BestPlaces.net and Zillow rental data. Job growth projections from RI Department of Labor and Training.
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