Rhode Island Minimum Wage and Income Tax 2026
What it costs to pay people and earn money in Rhode Island.
Minimum wage$16.00per hour
Income tax3.75% to 5.99%
State sales tax7.00%about 7.00% with local tax
Corporate tax7.00%
Minimum wage in Rhode Island
The minimum wage is $16.00 an hour, $8.75 above the federal $7.25.
Full time at 40 hours, that is $640 a week or $33,280 a year. It ranks 6 of 51, higher than 44 others.
As of July 1, 2026. Source: U.S. Department of Labor.
Income tax in Rhode Island
Rhode Island income tax runs from 3.75% to 5.99% across 3 brackets.
The top rate ranks 16 of 51.
Single filers, as of January 1, 2026. Source: Tax Foundation.
Corporate tax in Rhode Island
The top corporate income tax rate is 7.00%.
It ranks 19 of 51.
As of April 2, 2026. Source: Tax Foundation.
Sales tax in Rhode Island
The state rate is 7.00%. With the average local tax, shoppers pay about 7.00%.
As of July 1, 2026. Source: Tax Foundation.