Providence is a city in Utah state in USA with a population of 7732 residents.. The poverty rate of Providence is 5.2%, which is 63% lower than national average. The typical household in Providence earns $84243 a year, compared to the national median of $67,500. Nearly 21.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Providence, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Providence remained 2.5%, which is 47% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Providence, only 49% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Providence is 106, which is 6% higher than national average. Median home value in Providence is $322300 , which is 40% higher than national average. While median income in Providence remained $84243, which is 25% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.