TrueHireCost

True Cost of Hiring Calculator

Calculate Real Estate Hiring Costs in Rhode Island

The fully loaded cost of a Real Estate hire in Rhode Island combines Rhode Island’s 1% SUTA rate with the Real Estate workers’ comp rate of $0.90/$100, typical Real Estate benefits, and overhead.

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True Cost of Hiring Calculator

Pre-configured with Rhode Island tax rates and Real Estate benchmarks. Adjust salary, benefits, and overhead to model your specific hire.

Your Inputs

Annual Base Salary$65,000
StateRhode Island
Industry / Workers’ Comp ClassReal Estate
Monthly Benefits$500
401(k) Employer Match3%
SUTA Rate1%
Workers’ Comp (per $100)$0.90
Annual Overhead$2,400

Total Annual Cost

$81,230

Loaded multiplier: 1.25× base salary

Cost ComponentAnnual
Base Salary$65,000
Employer Taxes (FICA, FUTA, SUTA)$5,295
Workers’ Comp$585
Benefits + 401(k) Match$7,950
Overhead$2,400

Open the interactive calculator to adjust every input and export a PDF report.

Rhode Island Real Estate Hiring Cost Data

Combined Rhode Island state tax rates and Real Estate industry benchmarks for 2026.

MetricValue
Rhode Island SUTA Rate1% on first $28,000
Rhode Island Income TaxUp to 5.99%
Real Estate Workers’ Comp$0.90 per $100 payroll
Real Estate Salary Range$40,000 – $140,000
Real Estate Median Salary$65,000
Real Estate Monthly Benefits$500
401(k) Match3%
Rhode Island Minimum Wage$15.26/hour
Loaded-Cost Multiplier1.3×

Every benchmark on this page, traced to its source

Each figure combines Rhode Island statutory rates with Real Estate industry estimates. Statutory rates are fixed by law; published benchmarks come from BLS and SHRM; representative estimates vary by employer and carrier; and benefit/overhead defaults are editable TrueHireCost modeling assumptions.

MetricValueTypeSourceLast verified
Rhode Island SUTA rate1%Representative estimateRhode Island Department of Labor & TrainingAug 2026
Rhode Island SUTA wage base$28,000Official statutory figureRhode Island Department of Labor & TrainingAug 2026
Real Estate workers’ comp0.9 / $100 payrollRepresentative estimateDOL Office of Workers’ Compensation ProgramsAug 2026
Real Estate median salary$65,000Published benchmarkBLS Occupational Employment & Wage StatisticsAug 2026
Real Estate monthly benefits$500Representative estimateBLS Employer Costs for Employee Compensation (ECEC)Aug 2026
401(k) employer match3%TrueHireCost modeling assumptionTrueHireCost methodologyAug 2026
Annual overhead$2,400TrueHireCost modeling assumptionTrueHireCost methodologyAug 2026
Rhode Island minimum wage$15.26/hrOfficial statutory figureRhode Island Department of Labor & TrainingAug 2026
Employer FICA7.65%Official statutory figureIRS Publication 15 (Circular E)Aug 2026

How to read this table

  • Official statutory figures are set by law.
  • Published benchmarks come from BLS and SHRM.
  • Representative estimates vary by employer and carrier.
  • TrueHireCost modeling assumptions are editable defaults — see the methodology page.

Hiring Cost Example: Real Estate in Rhode Island

A Real Estate hire in Rhode Island at the median $65,000 salary costs approximately $81,230 fully loaded — a 1.25× multiplier combining Rhode Island’s 1% SUTA with Real Estate workers’ comp at $0.90/$100.

ComponentAnnual Cost
Base Salary$65,000
Employer FICA (7.65%)$4,973
Rhode Island SUTA (1%) + FUTA$322
Workers’ Comp ($0.90/$100)$585
Benefits + 401(k) (3%)$7,950
Overhead$2,400
Total Loaded Cost$81,230

Hiring Real Estate Talent in Rhode Island

Healthcare, manufacturing, marine, and tourism anchor Rhode Island’s economy.

Real estate hiring is sensitive to mortgage rates, with brokerage staffing contracting in high-rate environments. In Rhode Island, mixed w-2 staff and 1099 agents; hiring tracks interest-rate-driven market cycles.

When hiring Real Estate staff in Rhode Island, budget for the 1% SUTA rate on the first $28,000 of wages, $0.90/$100 workers’ comp, and state income tax withholding up to 5.99%. Rhode Island SDI withholds $1.10/$100 of wages (employee-funded; employer remits).

Rhode Island Real Estate Resources

Rhode Island Department of Labor & Training

Rhode Island workforce agency

BLS Industry Data

Real Estate wages & turnover

IRS Pub 15

Federal employer tax guide

NAR

Real Estate industry resource

Explore More Hiring Costs

Rhode Island hiring guide →

Real Estate industry guide →

Real Estate in Neighboring States

Other Industries in Rhode Island

Editorial Standards

Maintained by the TrueHireCost editorial team

TrueHireCost is an independent research and tooling project. Our content is written and maintained by the TrueHireCost editorial team — not by a licensed CPA, attorney, or HR certificant, and no named professional endorses or "verifies" these pages. Rates, wage bases, and benchmarks are collected from official public sources (IRS, U.S. Department of Labor, state workforce agencies, and the Bureau of Labor Statistics) and labeled with their source and last-reviewed date. State SUTA, workers’ comp, and minimum-wage figures are representative new-employer estimates and should be confirmed with the agency for your specific situation.

Found an outdated rate or a calculation that looks wrong? Email editorial@truehirecost.com and we’ll review and correct it. TrueHireCost is an informational tool, not professional tax, legal, or HR advice — consult a qualified professional before making hiring or payroll decisions.

Last updated 2026-08-24

Data Sources & Methodology

Every rate and formula is checked against the issuing agency before publication. Last updated 2026-08-24.

IRS

FICA, FUTA tax rate & wage base

U.S. DOL

FUTA credit, federal wage & hour

State Workforce Agencies

SUTA rates, wage bases, new-employer rates

BLS

Industry salary benchmarks & turnover

Frequently Asked Questions

What is the cost of hiring a Real Estate employee in Rhode Island?

The fully loaded cost combines Rhode Island’s 1% SUTA rate with the Real Estate workers’ comp rate of $0.90/$100, a typical $65,000 median salary, $500/month benefits, and overhead. Use the calculator above for a precise Rhode Island Real Estate estimate.

Do Real Estate roles in Rhode Island need workers’ comp?

Yes — Workers’ comp required for all employers. The Real Estate class code sets the rate at $0.90 per $100 of payroll.

What is the Real Estate salary range in Rhode Island?

Real Estate roles typically pay $40,000–$140,000. Rhode Island Real Estate salaries may vary by metro and experience.

For Estimation Purposes Only

TrueHireCost provides hiring cost estimates for informational purposes only and is not professional tax, legal, or HR advice. Actual employer costs vary by experience rating, industry classification, carrier, and jurisdiction. Consult a qualified CPA, tax advisor, or HR professional before making hiring or payroll decisions.