NAICS 51

Information in Providence-Warwick, RI

Metro Market Score 61.6 (Difficult), ranked #243 of 294 metros. 1,422 establishments, 6,923 jobs.

Metro Market Score 61.6

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national information average.

💰High-Cost Market

Providence-Warwick scores 61.6 on the Metro Market Score for information, placing it in the bottom quartile. High wage costs, strong existing competition, or slowing growth contribute to tougher entry conditions compared to most metros.

Industry Concentration

58.8

LQ: 0.52

Rank #173 of 294 metros

Wage Competitiveness

78.2

$102,752 avg wage

Growth Trend

↓ 24.5

Employment growth index

Rank #223 of 294 metros

Wage Pressure

23.5

YoY wage change index

1,422 Information Firms in Providence-Warwick

1,422

Establishments

+6.2% YoY

6,923

Total Employment

-6.4% YoY

$102,752

Average Annual Wage

+6.8% YoY

0.52

Location Quotient

Below national avg

Within Rhode Island

#1 of 1

information metros in state

Rhode Island state rank

#16 of 51

for information entry risk

vs State Median

0.0

matches median (61.6)

Providence-Warwick vs Rhode Island Statewide

How this metro's information market compares to Rhode Island overall. The state ranks #16/51 for entry risk.

Measure	Providence-Warwick	RI Statewide
Overall Score	61.6 Difficult	39.9 Moderate
Score Type	Metro Market Score	Entry Risk Score
Rank	#243 of 294 metros	#16 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Providence-Warwick

Real Estate and Rental and Leasing 53.5 Healthcare and Social Assistance 53.9 Professional, Scientific, and Technical Services 55.1 Other Services 57.7 Retail Trade 61.1 Accommodation and Food Services 63.2 Administrative and Support Services 65.3 Finance and Insurance 66.0

Information Metros With Similar Conditions

Metros within 5 points of Providence-Warwick's 61.6 score. Useful when comparing markets with comparable entry profiles.

Ann Arbor, MI 61.6 #242/294 Lansing-East Lansing, MI 61.6 #244/294 Tampa-St. Petersburg-Clearwater, FL 61.6 #241/294 Pittsburgh, PA 61.7 #245/294 Jacksonville, FL 61.7 #246/294 Crestview-Fort Walton Beach-Destin, FL 62.1 #247/294 Rochester, NY 62.4 #248/294 Akron, OH 60.9 #240/294 Urban Honolulu, HI 62.5 #249/294 Medford, OR 62.5 #250/294

Information in States Bordering Rhode Island

State-level entry risk for information in adjacent states. Use this to weigh cross-border options.

Massachusetts 40.2 #17/51 Connecticut 54.5 #47/51

Browse Information in Other States

State-level entry risk reports for information across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Providence-Warwick's information sector, the employment growth component (75.5) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Providence-Warwick, RI-MA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment