Newport County, Rhode Island Property Taxes
Median Newport County effective property tax rate: 1.26%, significantly higher than the national median of 1.02%.
Median Newport County home value: $457,350
Median annual Newport County tax bill: $5,041, $2,641 higher than the national median property tax bill of $2,400.
How are property taxes in Newport County calculated?
Property taxes in Newport County 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. Whether you live in Newport or another part of Newport County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Newport County, Rhode Island Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.26%
Estimate Property Tax Bill
$5,763
$5,348
Property Tax Rates Across Newport County, Rhode Island
Local government entities set tax rates, which can vary widely within a state. This variation occurs because 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 Newport County's effective property tax rate to other counties in Rhode Island or the U.S. median property tax rate. Newport County has a median property tax rate of 1.26%, which is higher than the national median of 1.02%. Within the county, Tiverton stands out with the highest median tax rate at 1.49%, while Little Compton offers a more favorable rate at 0.50%. Such disparities highlight the importance of understanding local tax dynamics, as they can significantly impact property owners' financial responsibilities. Comparing these rates with the national median can provide valuable insights for property owners considering relocation or investment.
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 Newport County Tax Rate
1.26%
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 Newport County, Rhode Island
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bristol | N/A | N/A | N/A | N/A | N/A |
| Jamestown | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% |
| Little Compton | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
| Middletown | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% |
| Newport | 0.99% | 0.99% | 0.99% | 0.99% | 0.99% |
| Portsmouth | 1.28% | 1.28% | 1.28% | 1.28% | 1.28% |
| Prudence Island | 1.28% | 1.28% | 1.28% | 1.28% | 1.28% |
| Tiverton | 1.49% | 1.49% | 1.49% | 1.49% | 1.49% |
Source: Ownwell
Property Tax Assessment Values Across Newport County, Rhode Island
When examining property taxes in Newport County, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Newport County Tax 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:
Assessment notices in Newport County are sent in the spring each year. They’ll typically reach your mailbox by the middle of March.
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 Newport County.
For example, the median tax bill in Newport County is $4,748, with tax bills ranging significantly across the county. Jamestown has the highest median home price at $719,000.
Property Tax Assessment Values Across Newport County, Rhode Island
Source: Ownwell
$256,350
$487,675
$719,000
Median Newport County Market Value
$457,350
Median Rhode Island Market Value
$326,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Newport County, Rhode Island
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bristol | N/A | N/A | N/A | N/A | N/A |
| Jamestown | $443,500 | $540,600 | $719,000 | $1,093,500 | $2,050,400 |
| Little Compton | $344,160 | $466,500 | $636,100 | $1,020,800 | $2,151,840 |
| Middletown | $272,380 | $330,500 | $410,000 | $548,400 | $760,560 |
| Newport | $276,800 | $380,300 | $506,300 | $698,000 | $1,076,320 |
| Portsmouth | $259,400 | $358,600 | $469,800 | $655,800 | $875,680 |
| Prudence Island | $157,460 | $205,450 | $256,350 | $327,250 | $413,380 |
| Tiverton | $184,120 | $236,025 | $296,320 | $413,375 | $568,790 |
Source: Ownwell
Property Tax Bills Across Newport County, Rhode Island
In Newport County, RI, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $457,350, the tax bill can vary significantly based on the property's assessed value and location within the county. For example, Portsmouth has the highest median tax bill at $6,008, while Little Compton has the lowest at $3,155. These figures reflect the county's unique economic landscape and housing market.
The tax bill is influenced by several factors, including the property's assessed value, which is periodically updated to reflect market conditions. Homeowners in Newport County face tax bills that can range widely, with the 25th percentile at $3,778 and the 75th percentile reaching $7,118. At the 90th percentile, tax bills can climb to $10,471, significantly higher than the national median property tax bill of $2,400. This variation impacts homeowners' financial planning, as those with higher-valued properties or living in certain areas may face larger tax obligations.
Median Newport County Tax Bill
$5,041
Median Rhode Island Tax Bill
$4,920
Median United States Tax Bill
$2,400
Property Tax Bills Across Newport County, Rhode Island
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Bristol | N/A | N/A | N/A | N/A | N/A |
| Jamestown | $3,096 | $3,773 | $5,019 | $7,633 | $14,312 |
| Little Compton | $1,707 | $2,314 | $3,155 | $5,064 | $10,673 |
| Middletown | $3,429 | $4,162 | $5,167 | $6,921 | $9,607 |
| Newport | $2,754 | $3,783 | $5,026 | $6,924 | $10,677 |
| Portsmouth | $3,318 | $4,585 | $6,008 | $8,384 | $11,193 |
| Prudence Island | $2,012 | $2,626 | $3,276 | $4,182 | $5,283 |
| Tiverton | $2,810 | $3,528 | $4,430 | $6,166 | $8,493 |
Source: Ownwell