Property Tax Rates in Rhode Island vary by town. Every year, towns in Rhode Island set their own property tax rates. Some towns have higher property tax rates while other towns have lower property tax rates.
The average property tax rate in Rhode Island is 15.67. The higher the property tax rate means it’s more expensive to live in that town because you pay more in taxes. Below you will find a town by town list of property tax rates in Rhode Island.
West Greenwich has the highest property tax rate in Rhode Island with a property tax rate of 24.51. Having the highest property tax rates in Rhode Island means it has the highest property taxes.
Below are the towns in Rhode Island with the highest property tax rates.
Homestead exemptions are available for the following Rhode Island towns: Central Falls, East Providence, Johnston, Lincoln, Narragansett, North Providence, Providence, West Greenwich, and Woonsocket. It’s not reflected in the property tax rates above, actual property tax rates may be lower.
Little Compton has the lowest property tax rate in Rhode Island with a property tax rate of 4.90. Jamestown has the second lowest property tax rate in Rhode Island with a property tax rate of 6.79 and New Shoreham has the 3rd lowest property tax rate in Rhode Island with a property tax rate of 7.08.
Below are 10 Rhode Island towns with the lowest property tax rates.
Little Compton has the lowest property tax rate in Rhode Island with a tax rate of 4.90 while West Greenwich has the highest property tax rate in Rhode Island with a tax rate of 24.51.
What that means is for the same house, it is more expensive to live in West Greenwich than in Little Compton because the property taxes are higher in West Greenwich.
Let’s compare the property taxes of these two Rhode Island towns with a home with an assessed value of $500,000. In Little Compton, a home with an assessed value of $500,000 will have a property tax of $2450.
While in West Greenwich, a home with an assessed value of $500,000 will have a property tax of $12,255.
That means it costs the homeowner a whopping $9,805 more per year to live in West Greenwich than in Little Compton!
Watch our video on how to calculate Rhode Island Property Taxes!
The formula to calculate Rhode Island Property Taxes is (Assessed Value x Property Tax Rate)/1000= Rhode Island Property Tax. Take the Assessed Value of the property then multiply it by the Property Tax Rate and then divide it by 1000.
For example, if a home in Providence is assessed at $500,000. Providence has a property tax rate of 24.56. The property taxes for the home in Providence is $12,280 a year.
($500,000 x 24.56)/1000= $12,280
Rhode Island Property Tax Rates vary by town. Below is a complete list of Property Tax Rates for every town in Rhode Island. Use the search box to find your town’s property tax rate.
Municipality | Property Tax Rate |
---|---|
Barrington | 19.65 |
Bristol | 13.00 |
Burrilville | 13.91 |
Central Falls | 17.46 |
Charlestown | 8.17 |
Coventry | 19.57 |
Cranston | 18.51 |
Cumberland | 14.99 |
East Greenwich | 21.42 |
East Providence | 21.86 |
Exeter | 13.94 |
Foster | 21.96 |
Glocester | 18.69 |
Hopkinton | 18.53 |
Jamestown | 6.79 |
Johnston | 23.24 |
Lincoln | 16.45 |
Little Compton | 4.90 |
Middletown | 12.02 |
Narragansett | 9.00 |
New Shoreham | 7.08 |
Newport | 9.61 |
North Kingstown | 14.06 |
North Providence | 22.81 |
North Smithfield | 13.91 |
Pawtucket | 16.58 |
Portsmouth | 15.65 |
Providence | 17.80 |
Richmond | 20.58 |
Scituate | 16.38 |
Smithfield | 13.36 |
South Kingstown | 10.95 |
Tiverton | 14.63 |
Warren | 18.01 |
Warwick | 18.73 |
West Greenwich | 24.51 |
West Warwick | 18.04 |
Westerly | 9.56 |
Woonsocket | 13.98 |
Homestead exemptions are available for the following Rhode Island towns: Central Falls, East Providence, Johnston, Lincoln, Narragansett, North Providence, Providence, West Greenwich, and Woonsocket. It’s not reflected in the property tax rates above, actual property tax rates may be lower.
Use the property tax calculator below to compute your property taxes in Rhode Island. Look up your property tax rate from the table above.