North Scituate, Rhode Island Property Taxes
The median property tax rate in North 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 North Scituate at $361,700, the typical annual property tax bill reaches $5,921, exceeding the national median of $2,690. Property taxes in North 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 North 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 North 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
North Scituate, Rhode Island Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.68%
Estimate Property Tax Bill
$6,077
$5,639
Ownwell’s North Scituate Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in North Scituate with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North 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 Providence County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across North Scituate, Rhode Island
Property taxes in North Scituate, Rhode Island, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Scituate is 1.68%, significantly higher than the U.S. national median of 0.99%. Local government entities within North Scituate set these rates annually, and they can vary significantly across different neighborhoods. Each year, North 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 North Scituate's effective property tax rate to other areas and the national median. For comparison, the 02857 zip code has the highest median property tax rate of 1.68%, while the same zip code also has the lowest median tax rate of 1.68%. Understanding how North Scituate compares with other areas 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 North 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 North Scituate, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02857 | 1.42% | 1.43% | 1.68% | 1.68% | 1.68% |
Source: Ownwell
Property Tax Assessment Values Across North Scituate, Rhode Island
In North 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 North 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 North Scituate helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $5,921, found in the zip code 02857.
Property Tax Assessment Values Across North Scituate, Rhode Island
Source: Ownwell
$51,600
$324,300
$597,000
Average North Scituate Assessed Value
$361,700
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 North Scituate, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02857 | $258,300 | $304,300 | $361,700 | $450,900 | $545,800 |
Source: Ownwell
Property Tax Bills Across North Scituate, Rhode Island
In North Scituate, Providence County, RI, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence this assessed value, including the property's market value, location, and any improvements made to the property. For homeowners in North Scituate, the median home price stands at $361,700. Property tax bills can vary significantly, with the 25th percentile tax bill at $4,936 and the 75th percentile at $7,326. Those at the 90th percentile could see tax bills as high as $8,943. The median tax bill in this region is $5,921, which is notably higher than the national median property tax rate of 0.99%. These property tax bills can have a significant impact on homeowners, influencing their overall cost of living and potentially affecting their budgeting and financial planning. Understanding how these taxes are calculated can help homeowners anticipate their annual expenses more accurately.
Average North Scituate Tax Bill
$5,921
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 North Scituate, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02857 | $4,225 | $4,936 | $5,921 | $7,326 | $8,943 |
Source: Ownwell