Free property tax calculator tailored for Rhode Island (RI). Calculate instantly with state-specific rates and rules.
Rhode Island has an effective property tax rate of 1.40%, producing an average annual bill of $4,483. The US national average is 1.07% — Rhode Island's rate is above, placing it at rank #37 out of 50 states (rank 1 = lowest).
Rhode Island municipalities assess at 100% of fair market value (full revaluation required every 9 years, interim revaluation every 3 years). Each city and town sets its own rates — Providence runs above $26/$1,000; Barrington near $12/$1,000; East Greenwich near $14/$1,000.
Exemptions vary entirely by municipality. Providence offers homestead exemptions reducing taxable value significantly for owner-occupants. Many municipalities offer senior exemptions and veteran exemptions of varying magnitude.
No statewide cap on assessment increases. Rhode Island's property tax structure is essentially a collection of individual municipal decisions.
Rhode Island's small geographic size means homebuyers can dramatically reduce property taxes by purchasing in a neighboring town: a home worth $400,000 could carry a $10,000/year tax bill in Providence but only $4,800 in Barrington — a difference that should factor into any home purchase decision.
The median home value in Rhode Island is $400,000. Providence and Rhode Island broadly have seen significant appreciation since 2020, driven by Boston metro spillover. Coastal communities (Newport, South County) carry premium pricing. At the 1.40% effective rate, a homeowner at the median value pays roughly $4,483/year in property taxes.
Data: Tax Foundation (2024), US Census Bureau ACS 2023, Zillow, ATTOM Data Solutions. Updated 2024–2025. Figures reflect state averages — consult a licensed professional for personalized advice.
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