Rhode Island Demography
Rhode Island, also known as the Ocean State, is the smallest state in the United States in terms of land area. With a population of approximately 1,095,962 people, Rhode Island is densely populated, making it the second-most densely populated state in the country. The state has experienced a steady annual growth rate of 4.26%, indicating a thriving population.
Of the total population, there are 887,729 individuals who are over 18 years old, representing a significant market for various services, including WordPress Development.
Rhode Island Business Landscape
Rhode Island boasts a robust business landscape, with a GDP of $77,948 million in 2023. The state has witnessed an impressive GDP growth rate of 8.9%, indicating a thriving economy. Corporate tax in Rhode Island stands at 7%, making it an attractive destination for businesses.
As of 2024, there are 47,982 registered businesses in Rhode Island, showcasing a dynamic entrepreneurial environment. The yearly change in the number of businesses is 4.5%, indicating a steady growth in the business sector.
WordPress Development Services Globally and in Rhode Island
The global market size of WordPress Development services is estimated to be $29,734,769, with a growth rate of 2.6%. The United States holds a significant share of approximately 65% in this market, amounting to $19,327,600.
Rhode Island, being a part of the United States, benefits from this thriving market. The demand for WordPress Development services in the state is substantial, providing ample opportunities for businesses in this sector.
WordPress Development Services in the US
The United States is a hub for WordPress Development services, with a significant market share. Businesses in the US have access to a wide range of WordPress Development agencies, offering diverse services to cater to their specific needs.
Top Rhode Island Cities: Economic Insights
When it comes to economic insights, some of the top cities in Rhode Island include Newport and Bristol.
Newport, with a population of 82,545 people in 2023, boasts an income per capita of $40,293. This indicates a strong economic foundation and a potential market for WordPress Development services.
Bristol, with a population of 49,426 people in 2023, has an income per capita of $38,893. This city also presents opportunities for businesses in the WordPress Development sector.
WordPress Development Price in Rhode Island
According to Qualified.One statistics, the pricing of WordPress Development agencies in Rhode Island varies based on project budgets. The breakdown is as follows:
- 35.1% of projects have a budget below $10,000
- 37.1% of projects have a budget between $10,000 and $50,000
- 19.3% of projects have a budget between $50,000 and $200,000
- 1.2% of projects have a budget between $200,000 and $1 million
- 0.2% of projects have a budget between $1 million and $10 million
- 0.2% of projects have a budget over $10 million
On average, the size of a WordPress Development project in Rhode Island is $55,783, indicating the range of investment businesses make in this sector.
Summary of WordPress Development Market in Rhode Island
| Market Data | Value |
|---|---|
| Global Market Size | $29,734,769 |
| Global Market Growth Rate | 2.6% |
| US Market Share | $19,327,600 |
| Rhode Island Population | 1,095,962 |
| Rhode Island GDP | $77,948 million |
| Number of Registered Businesses | 47,982 |
| Yearly Change in Number of Businesses | 4.5% |
| Average WordPress Development Project Size | $55,783 |