Scituate, Rhode Island Property Taxes
The median property tax rate in Scituate, RI is 1.68%, considerably higher than both the national median of 0.99% and the Rhode Island state median of 1.48%. With the median home value in Scituate at $369,150, the typical annual property tax bill reaches $6,187, exceeding the national median of $2,690. Property taxes in Scituate are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Scituate's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Scituate or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Scituate, Rhode Island Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.68%
Estimate Property Tax Bill
$6,202
Ownwell’s Scituate Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Scituate with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Scituate to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Scituate, Rhode Island
Property taxes in Scituate, Rhode Island, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Scituate is 1.68%, significantly higher than both the Rhode Island state median of 1.53% and the U.S. national median of 0.99%. Local government entities within Scituate set these rates annually, and they can vary significantly across different neighborhoods. Each year, Scituate estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Scituate's effective property tax rate to other areas in Rhode Island and the national median. For comparison, the 02831 zip code has the highest median property tax rate of 1.68%, while the 02857 zip code has the lowest median tax rate of 1.68%. Understanding how these areas compare with Scituate provides valuable insights into the varying tax landscape across Providence County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Scituate Tax Rate
1.68%
Average Providence County Tax Rate
1.71%
Average Rhode Island Tax Rate
1.48%
Average United States Tax Rate
0.99%
Property Tax Rates Across Scituate, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02831 | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% |
| 02857 | 1.68% | 1.68% | 1.68% | 1.68% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across Scituate, Rhode Island
In Scituate, Rhode Island, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Providence County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Scituate, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Scituate helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 02857 at $6,344, while the lowest is 02831 at $4,051.
Average Scituate Assessed Value
$369,150
Average Providence County Assessed Value
$293,200
Average Rhode Island Assessed Value
$326,800
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Scituate, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02831 | $213,240 | $231,900 | $241,700 | $309,900 | $344,880 |
| 02857 | $280,960 | $314,550 | $378,500 | $460,700 | $602,260 |
Source: Ownwell
Property Tax Bills Across Scituate, Rhode Island
In Scituate, Providence County, RI, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor's office and reflects the market value of the property. The tax rate is set by the local government and is applied to the assessed value to determine the annual tax bill. For instance, with a median home price of $369,150, homeowners in Scituate can expect varying tax bills depending on their property's assessed value and specific circumstances. The tax bill for the 25th percentile is around $4,980, while the 75th percentile sees bills of about $7,518. At the 90th percentile, tax bills can reach up to $9,619. The highest median tax bill in the area is $6,344 in the 02857 zip code, whereas the lowest median tax bill is $4,051 in the 02831 zip code. These variations significantly impact homeowners, influencing their financial planning and the overall cost of owning a home in Scituate.
Average Scituate Tax Bill
$6,187
Average Providence County Tax Bill
$4,934
Average Rhode Island Tax Bill
$4,920
Average United States Tax Bill
$2,690
Property Tax Bills Across Scituate, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02831 | $3,574 | $3,887 | $4,051 | $5,194 | $5,780 |
| 02857 | $4,709 | $5,272 | $6,344 | $7,722 | $10,094 |
Source: Ownwell