Rhode Island Property Tax Calculator
Estimate your annual property taxes in Rhode Island. Calculate assessed value and apply Rhode Island average millage rates.
Why calculating finance in Rhode Island is different
Rhode Island has a progressive income tax system.
State Income Tax
3.75% - 5.99%
Base Sales Tax
7%
State Min Wage
$14.00 / hr
Abbreviation
RI
Rhode Island Finance Interactive Tool
This calculator uses the latest 2026 data for Rhode Island, including the minimum wage of $14.00 and the specific state income tax rates (3.75% - 5.99%).
Frequently Asked Questions about Rhode Island Finance
How are property taxes assessed in Rhode Island?
Property taxes in Rhode Island are generally assessed at the local county or municipal level based on the fair market value of the property, multiplied by the local millage or tax rate.
Are there property tax exemptions in Rhode Island?
Yes, Rhode Island often provides homestead exemptions for primary residences, as well as specific exemptions for seniors, veterans, and individuals with disabilities, which can significantly lower your tax bill.