Rhode Island

Property Tax Rates & Rules

1.4%

Effective Rate

$6,090

Median Annual Tax

$435k

Median Home Value

Available

Homestead Exempt

Full Tax Details

Avg Effective Rate1.4%

Median Home Value$435,000

Median Annual Tax$6,090

Assessment Ratio100%

Homestead ExemptionYes

Senior ExemptionYes

Highest Rate CountyProvidence

Lowest Rate CountyWashington

Payment ScheduleQuarterly: September, December, March, and June.

Assessment Method

Assessed value is 100% of fair market value; revaluations occur every 3 to 9 years.

Homestead Exemption Details

Determined locally; many towns offer a percentage reduction for owner-occupants.

Senior Exemption Details

Varies by municipality; most offer additional flat exemptions or credits for 65+.

How to Appeal Your Assessment

File with local Tax Assessor within 90 days of the first installment due date.

Official Source

Rhode Island Tax Authority

Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.