Property Taxes in Rhode Island

Name: Property Tax Bills Across Rhode Island
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Rhode Island property tax rate: 1.48%, significantly higher than the national median of 1.02%.
Median Rhode Island home value: $326,800
Median annual Rhode Island tax bill: $4,920, ($2,520) higher than the national median property tax bill of $2,400.

How are property taxes in Rhode Island calculated?

Property taxes in Rhode Island are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption. Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you are in Rhode Island, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Rhode Island Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.48%

Estimate Property Tax Bill

$4,837

$4,488

Ownwell’s Rhode Island Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Rhode Island with just two data points. By entering your property's estimated assessed value, our calculator applies Rhode Island's median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing homeownership costs in Rhode Island. For those interested in more localized information, please scroll down to explore county and city-level trends!

Property Tax Rates Across Rhode Island

Local government entities in Rhode Island set tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare a Rhode Island county’s effective property tax rate to other counties in Rhode Island or the U.S. median property tax rate. For instance, Providence County has the highest effective property tax rate in Rhode Island, at 1.71%, while Washington County has the lowest, at 1.10%.

Property Tax Rates Across Rhode Island

Source: Ownwell

1.10%

1.41%

1.71%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Rhode Island Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Rhode Island

County	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Bristol	1.34%	1.34%	1.37%	2.03%	2.03%
Kent	1.42%	1.42%	1.42%	1.83%	2.18%
Newport	0.70%	0.99%	1.26%	1.28%	1.49%
Providence	1.37%	1.48%	1.71%	1.89%	2.28%
Washington	0.60%	0.93%	1.10%	1.43%	1.47%

Source: Ownwell

Property Tax Assessment Values Across Rhode Island

Understanding the distinction between "market value" and "assessed value" is crucial when examining property taxes in Rhode Island. The market value is what a willing buyer would pay to a willing seller in an open and competitive market. Location, property condition, and economic market trends often influence it. Each Rhode Island county assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Rhode Island, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the end of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Rhode Island. For example, Newport County has the highest median home price at $457,350.

Property Tax Assessment Values Across Rhode Island

Source: Ownwell

$293,200

$375,275

$457,350

Median Rhode Island Market Value

$326,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Rhode Island

County	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Bristol	$274,520	$324,000	$394,000	$515,000	$715,000
Kent	$211,200	$258,100	$303,600	$378,600	$495,900
Newport	$234,200	$328,400	$457,350	$655,300	$993,990
Providence	$196,700	$235,200	$293,200	$373,525	$498,300
Washington	$247,100	$323,800	$428,800	$600,500	$921,190

Source: Ownwell

Property Tax Bills Across Rhode Island

In Rhode Island, property tax bills are determined by the assessed value of a home and the local tax rate. Homeowners can expect a median property tax rate higher than the national average of 1.02%. The median home price in the state is $326,800. Tax bills can vary significantly, with the 25th percentile at $3,975 and the 75th percentile reaching $6,424. At the 90th percentile, tax bills can soar to $8,918. Bristol County has the highest median tax bill at $6,020, while Kent County has the lowest at $4,657. These taxes impact homeowners by influencing overall housing costs and affordability.

Property Tax Bills Across Rhode Island

Source: Ownwell

$4,657

$5,339

$6,020

Median Rhode Island Tax Bill

$4,920

Median United States Tax Bill

$2,400

Property Tax Bills Across Rhode Island

County	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Bristol	$3,904	$4,713	$6,020	$8,567	$12,951
Kent	$3,287	$3,932	$4,657	$6,074	$8,522
Newport	$2,726	$3,778	$5,041	$7,118	$10,471
Providence	$3,463	$4,091	$4,934	$6,180	$8,153
Washington	$2,440	$3,451	$4,838	$6,678	$9,567

Source: Ownwell

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