Property Taxes in Rhode Island
Rhode Island's effective property tax rate is 1.05%, ranking #36 out of 50 states (1 = lowest). The median annual property tax paid is $4,483.
Tax Rate
1.05%
Median Annual Tax
$4,483
National Rank
#36 of 50
1 = lowest
Homestead Exemption
Yes
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Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $2,100 | $175 |
| $300,000 | $3,150 | $263 |
| $400,000 | $4,200 | $350 |
| $500,000 | $5,250 | $438 |
| $750,000 | $7,875 | $656 |
* Based on the average effective rate of 1.05%. Actual rates vary by county and municipality.
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Homestead Exemption in Rhode Island
✓Homestead Exemption Available
Up to $500,000
File for the homestead exemption after purchasing your primary residence in Rhode Island to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.
How Rhode Island Compares
#1
Hawaii 0.32%
#2
Alabama 0.36%
#3
Arizona 0.44%
#4
South Carolina 0.47%
#5
Utah 0.47%
...
#36
Rhode Island (You)1.05%
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