North Smithfield, Providence County, Rhode Island Property Taxes

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

Median North Smithfield, RI effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the Rhode Island state median of 1.48%.
Median North Smithfield, RI home value: $350,700
Median annual North Smithfield, RI tax bill: $4,997, $2,597 higher than the national median property tax bill of $2,400.

How are property taxes in Providence calculated?

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

Last Updated March 1, 2025

North Smithfield, Providence County, Rhode Island Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.43%

Estimate Property Tax Bill

$5,015

$4,654

Ownwell’s North Smithfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in North Smithfield with just two data points.

By entering your property's estimated assessed value, our calculator applies North Smithfield’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 Providence County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across North Smithfield, Providence County, Rhode Island

Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate their required budget to provide essential services and divide that budget by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In North Smithfield, located in Providence County, the effective property tax rate is 1.43%. This rate is higher than the national median property tax rate of 1.02%, indicating that property owners in North Smithfield may face a more significant tax burden compared to the national average. Interestingly, North Smithfield's rate is consistent across the board, as it represents both the highest and lowest median tax rate in the area.

When comparing North Smithfield's property tax rate to other cities in Rhode Island, it becomes evident that the local tax rate is relatively high. This information can be crucial for homeowners and potential buyers to consider, as property taxes can significantly impact overall housing costs.

Property Tax Rates Across North Smithfield, Providence County, Rhode Island

Source: Ownwell

1.16%

1.74%

2.32%

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 North Smithfield Tax Rate

1.43%

Median Effective Providence County Tax Rate

1.71%

Median Effective Rhode Island Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across North Smithfield, Providence County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
02896	1.42%	1.42%	1.43%	1.43%	1.43%

Source: Ownwell

Property Tax Assessment Values Across North Smithfield, Providence County, Rhode Island

When examining property taxes in North Smithfield, 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 Providence 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 Providence County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 North Smithfield. For example, the median home price in North Smithfield is $350,700, with tax bills ranging significantly across the county. Zip code 02896 has the highest median home price at $350,700.

Property Tax Assessment Values Across North Smithfield, Providence County, Rhode Island

Source: Ownwell

$215,400

$406,200

$597,000

Median North Smithfield Market Value

$350,700

Median Providence County Market Value

$293,200

Median Rhode Island Market Value

$326,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across North Smithfield, Providence County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
02896	$251,360	$293,400	$350,700	$430,638	$524,400

Source: Ownwell

Property Tax Bills Across North Smithfield, Providence County, Rhode Island

In North Smithfield, located in Providence County, RI, property tax bills are determined by assessing the property's value and applying the local tax rate. Homeowners in North Smithfield face a median property tax bill of $4,997, which is significantly higher than the national median of $2,400. This is due to the region's relatively high property values and tax rates. Factors influencing the tax bill include the property's assessed value, which reflects the market value, and the local tax rate set by municipal authorities. The tax bill can vary significantly, with the 25th percentile at $4,181 and the 90th percentile reaching $7,515, indicating a substantial range based on property value and location. For homeowners, these taxes can represent a significant financial burden. However, Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging local expertise and data-driven insights, Ownwell assists homeowners in identifying potential savings, ensuring they pay only their fair share in property taxes.

Property Tax Bills Across North Smithfield, Providence County, Rhode Island

Source: Ownwell

$3,784

$7,370

$10,955

Median North Smithfield Tax Bill

$4,997

Median Providence County Tax Bill

$4,934

Median Rhode Island Tax Bill

$4,920

Median United States Tax Bill

$2,400

Property Tax Bills Across North Smithfield, Providence County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
02896	$3,585	$4,181	$4,997	$6,144	$7,515

Source: Ownwell