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Tax Foundation · 2024

Property tax in Rhode Island

The effective rate is about 1.19% of the home's value a year (Tax Foundation, 2024). On a $400,000 home that is about $4,760 a year (our calculation). Rates vary a lot by county and town.

Property tax
1.19%
of home value a year
Tax on a $400,000 home
$4,760
A month
$397
Rank
38 of 51
1 = lowest
StateProperty taxRank
South Dakota1.00%36
Michigan1.19%37
Rhode Island1.19%38
Kansas1.21%39
Pennsylvania1.26%40

Source: Tax Foundation, Effective property tax rates on owner-occupied housing, 2024 (state tax rates and rankings pages). Real estate taxes paid as a share of owner-occupied housing value (total taxes paid ÷ total home value), from the Census Bureau's 2024 American Community Survey with Tax Foundation calculations, as shown on each state's Tax Foundation page (accessed Oct 24, 2026). Business and rental property taxes are not included. Local rates vary widely within a state.

Common questions

What is the property tax rate in Rhode Island?

The effective rate is about 1.19% of the home's value a year (Tax Foundation, 2024). On a $400,000 home that is about $4,760 a year (our calculation). Rates vary a lot by county and town.

Does Rhode Island have high property taxes?

Rhode Island ranks 38 of 51 (1 = lowest effective rate), based on Tax Foundation's 2024 figures.

See the full monthly cost of a home with the mortgage calculator.

More for Rhode Island: monthly budget · take-home pay · rent.