Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
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- Tax Revenue
- Registrations
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State Facts
Autos Drive Rhode Island Forward
Industry Impact
17.4K
17.4 Thousand total auto jobs in Rhode Island
2.80%
2.80% depend on the auto industry for jobs
$1.17B
Total Labor Income Annually
$3.78B
Total Car Sales in 2022
42.2K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.
Tax Revenue
$146.03M
total state tax revenue
3.35%
% of state tax revenue
$131.76M
new vehicle sales taxes
$421.21M
used vehicle sales taxes
$28.02M
sales tax on auto parts and services
$166.32M
vehicle use taxes (including gas taxes), licenses and fees
$2.21M
corporate profits tax
$2.21M
federal income taxes
Registrations
844.3K
Registered
By Body Style
- Cars 340,924 (40.38%)
- UVs 339,324 (40.19%)
- Pickups 110,271 (13.06%)
- Vans/Minivans 41,872 (4.96%)
By Powertrain
- ICE / Hybrid 837,586 (99.21%)
- Electric 3,666 (0.43%)
- Plug-In Hybrid 3,037 (0.36%)
- Fuel Cell 0 (0%)
The Rhode Island average age of vehicles is 11.3 years; The national average is 12.2.
Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.
New Purchases
42.2K
Vehicles Sold
By Body Style
- Cars 8,778 (20.8%)
- UVs 26,044 (61.72%)
- Pickups 6,157 (14.59%)
- Vans/Minivans 1,219 (2.89%)
By Powertrain
- ICE / Hybrid 40,042 (94.89%)
- Electric 1,360 (3.22%)
- Plug-In Hybrid 796 (1.89%)
- Fuel Cell 0 (0%)
Auto-related Activity at Ports
Economic Activity From Past Decade
- 742.79M 742.79 Million Total Exports
- 62.52B 62.52 Billion Total Imports
Economic Activity from 2022
- 99.7M 99.7 Million Total Exports
- 5.55B 5.55 Billion Total Imports
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.
Fueling
- Gasoline Stations 407
- EV Level 2 Charging Ports 518
- EV Level 2 Charging Stations 235
- EV DC Fast Charging Ports 45
- EV DC Fast Charging Stations 32
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.
Consumers
$74K
Median Household Income
60.50%
Owner Occupied Housing
39.50%
Rental Occupied Housing
87.40%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (69.33%)
- Carpool to Work (7.57%)
- Take Public Transportation (1.15%)
- Work From Home (17.53%)
- Other (4.43%)
Housing Type
- Single Family Home (57.70%)
- 1-Unit (11.20%)
- 2-4 Units (10.60%)
- 5-9 Units (4.20%)
- 10-19 Units (4%)
- 20+ Units (11.60%)
- Mobile / RV / Boat (0.60%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.
Automaker’s Facilities
Volkswagen Group of America | Location | Employees |
---|---|---|
Port-Davisville | Davisville, RI | 2 |