Glendale, Rhode Island Property Taxes
The median property tax rate in Glendale, RI is 1.44%, which is considerably higher than the national median of 0.99% but slightly below the Rhode Island state median of 1.48%. With a median home value of $287,700 in Glendale, the typical annual property tax bill reaches $4,140, significantly exceeding the national median of $2,690. Property taxes in Glendale are calculated based on the tax assessed value, which is often lower than the market value due to exemptions like the primary residence exemption. Understanding Glendale'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 Glendale 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
Glendale, Rhode Island Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.44%
Estimate Property Tax Bill
$4,143
$3,844
Ownwell’s Glendale Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and prospective buyers to estimate their annual property taxes in Glendale with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Glendale to provide an accurate estimate of your property tax bill. This powerful tool helps you understand potential tax liabilities and plan accordingly. For those interested in more detailed trends at the neighborhood level, additional localized information is available below. Your property’s assessed value is determined by the county for property tax purposes and takes into account any applicable exemptions.
Property Tax Rates Across Glendale, Rhode Island
Property taxes in Glendale, Rhode Island, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glendale is 1.44%, significantly higher than the U.S. national median of 0.99%. Local government entities within Glendale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glendale 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 Glendale's effective property tax rate to other counties in Rhode Island and the national median. For comparison, the 02826 zip code has the highest median property tax rate of 1.44%, while the same zip code has the lowest median tax rate of 1.44%. Understanding how these cities compare with Glendale provides valuable insights into the varying tax landscape across Providence, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Glendale Tax Rate
1.44%
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 Glendale, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02826 | 1.44% | 1.44% | 1.44% | 1.44% | 1.44% |
Source: Ownwell
Property Tax Assessment Values Across Glendale, Rhode Island
In Glendale, 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 Glendale, 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 Glendale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Glendale is $4,140 in the 02826 zip code, which also has the lowest median tax bill.
Average Glendale Assessed Value
$287,700
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 Glendale, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02826 | $197,370 | $239,150 | $287,700 | $358,850 | $444,470 |
Source: Ownwell
Property Tax Bills Across Glendale, Rhode Island
In Glendale, located in Providence County, RI, property tax bills are calculated based on the assessed value of a home. The local government determines this value, which is then multiplied by the property tax rate to calculate the annual tax bill. The median home price in Glendale is $287,700, and homeowners can expect varying tax bills depending on their property's value and specific circumstances. For example, the 25th percentile tax bill is $3,441, while the 75th percentile tax bill reaches $5,164. Several factors influence these tax bills, including the property's location, size, and condition. Additionally, local budgetary needs and public services funding play a role in determining the tax rate. Homeowners in Glendale should be aware that their tax bills can significantly impact their annual expenses, with the 90th percentile tax bill reaching as high as $6,396. Comparing this to the national median property tax rate of 0.99%, Glendale's rates highlight the importance of understanding local tax policies and their financial implications.
Average Glendale Tax Bill
$4,140
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 Glendale, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02826 | $2,840 | $3,441 | $4,140 | $5,164 | $6,396 |
Source: Ownwell