ROI Math

Property tax estimate

Rhode Island Property Tax Calculator

Estimate annual and monthly property taxes in Rhode Islandusing the state's average effective property tax rate of 1.40%. Enter a home value below to see an instant estimate — free and with no sign-up.

Last updated 2026-05-31

Rhode Island Property Tax Calculator
Average property tax rate: 1.40%.
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Rhode Island sets rates at the municipal level, sometimes taxing owner-occupied, commercial, and tangible property differently.
Annual estimate
$7,000
Monthly estimate
$583

How to calculate property taxes in Rhode Island

To estimate property taxes in Rhode Island, multiply the home value by the local property tax rate. This page applies the state average effective rate of 1.40%, so a property valued at $500,000 would have an estimated annual property tax of $7,000.

Rhode Island sets rates at the municipal level, sometimes taxing owner-occupied, commercial, and tangible property differently.

Actual tax bills can include county, city, school district, exemption, and assessment rules, so investors should verify the final number with the local assessor before closing.

Comparing returns across markets? Use the cap rate calculator and cash-on-cash return calculator, which let you include property taxes as an operating expense.

Rhode Island property tax FAQ

What is the average property tax rate in Rhode Island?

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The average effective property tax rate in Rhode Island is about 1.40%, which is above the U.S. average of roughly 1.07%. Effective rate means annual tax divided by market value; your local rate may differ by county and city.

How much is property tax on a $400,000 home in Rhode Island?

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Using Rhode Island's average effective rate of 1.40%, a $400,000 home owes about $5,600 per year in property tax, or roughly $467 per month. Actual bills vary with local rates and exemptions.

How do I calculate property tax in Rhode Island?

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Multiply your home's value by the local property tax rate. This calculator applies Rhode Island's average effective rate of 1.40%, but you should confirm the exact county, city, and school district rates and any available exemptions with your local assessor.

Property tax calculators for other states

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This estimate uses Rhode Island's average effective property tax rate and is for educational purposes only — not tax advice. Confirm your exact rate and exemptions with your county assessor.