Bristol, Newport County, Rhode Island Property Taxes

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

Median BRISTOL, RI effective property tax rate: 1.28%, significantly higher than the national median of 1.02%, but lower than the Rhode Island state median of 1.48%.
Median BRISTOL, RI home value: $385,200
Median annual BRISTOL, RI tax bill: $4,923, $2,523 higher than the national median property tax bill of $2,400.

How are property taxes in Newport calculated?

Property taxes in BRISTOL, RI 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 BRISTOL’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in BRISTOL, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Bristol, Newport County, Rhode Island Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.28%

Estimate Property Tax Bill

$4,931

$4,575

Ownwell’s Bristol Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bristol with just two data points. By entering your property's estimated assessed value, our calculator applies Bristol’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 precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Newport. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Bristol, Newport County, Rhode Island

Local government entities in Rhode Island set tax rates that can vary significantly across different areas. This variation is due to each county's annual budgetary requirements for maintaining public services. They calculate the property tax rate by dividing the required budget by the total assessed value of all taxable properties within the jurisdiction. Although there are votes and legislative measures involved in determining tax rates and budgets, this is essentially the yearly process.

In Bristol, located in Newport County, the effective property tax rate is 1.28%, higher than the national median property tax rate of 1.02%. This rate reflects the local government's need to fund services and infrastructure. Comparatively, the median property tax rate in Rhode Island also stands at 1.28%, indicating that Bristol aligns with the state's overall taxation approach but exceeds the national average. This difference highlights the importance of understanding local tax dynamics and how they impact property owners. By appealing property taxes, residents can potentially reduce their tax burden, ensuring they are not overpaying compared to other regions.

Property Tax Rates Across Bristol, Newport County, Rhode Island

Source: Ownwell

0.50%

0.99%

1.49%

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 Bristol Tax Rate

1.28%

Median Effective Newport County Tax Rate

1.26%

Median Effective Rhode Island Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Bristol, Newport County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
02809	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Bristol, Newport County, Rhode Island

When examining property taxes in Bristol, RI, 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 appraisal district 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.

In Newport County, assessment notices 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 Bristol.

For example, the median home price in Bristol is $385,200, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Bristol, Newport County, Rhode Island

Source: Ownwell

$256,350

$487,675

$719,000

Median Bristol Market Value

$385,200

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 Bristol, Newport County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
02809	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Bristol, Newport County, Rhode Island

In Bristol, located in Newport County, Rhode Island, property tax bills are calculated based on the assessed value of a home. With a median home price of $385,200, homeowners in Bristol face property tax bills that significantly exceed the national median of $2,400. The tax bill for the 25th, 75th, and 90th percentiles is $4,923, highlighting the higher tax burden compared to the national average. The tax rate in Bristol is a crucial factor in determining the tax bill, as it is applied to the assessed value of the property. This tax burden can be substantial, affecting homeowners' financial planning and overall cost of living. Ownwell offers a valuable service to homeowners by providing property tax appeal and exemption services. By leveraging their expertise, Ownwell can help homeowners in Bristol potentially reduce their property tax bills, ensuring they pay only their fair share. This assistance can lead to significant savings, alleviating some of the financial pressures associated with high property taxes.

Property Tax Bills Across Bristol, Newport County, Rhode Island

Source: Ownwell

$3,155

$4,582

$6,008

Median Bristol Tax Bill

$4,923

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 Bristol, Newport County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
02809	N/A	N/A	N/A	N/A	N/A

Source: Ownwell