Conclusion: Ultimately, Providence, Rhode Island is what you make of it. Whether you are part of the $55,787.00 median income bracket or just starting out, this city of 188812 has a place for you. With a median age of 32.1, you'll find a community that values stability, where median rents of $1,098.00 make shared housing a smart alternative to the $248,900.00 home-buying market.