Property Tax on a $500,000 Home in Rhode Island

How Much is Property Tax on a $500,000 Home in Rhode Island?

Property tax on a $500,000 home in Rhode Island typically ranges from $4,500 to $12,000 per year (roughly $375 to $1,000/month), depending on the county. Based on the statewide average effective rate of 1.53%, you can expect to pay around $7,650/year, or $638/month. Rhode Island has above-average effective property tax rates for New England, with Providence County generally running higher than the coastal communities.