The rate in context
On a $400,000 home, 1.12% means roughly $4,480 per year in property tax, escrowed monthly, so it lands directly in your payment and your debt-to-income ratio.
Exemptions and notes
Annual levy growth is capped at 4%; homestead exemptions vary by municipality.
Sources: Tax Foundation 2026 (2024 ACS); RI Division of Taxation (2025 increase). County-level rates vary; your county page has local detail.
Counties in Rhode Island
FAQ
What is the average property tax rate in Rhode Island?
The average effective property tax rate in Rhode Island is about 1.12%, per Tax Foundation 2026 (2024 ACS); RI Division of Taxation (2025 increase). Individual counties vary above and below that average.
How do Rhode Island property taxes affect my mortgage?
Taxes are escrowed into your monthly payment, so a higher rate directly reduces how much house you qualify for. Annual levy growth is capped at 4%; homestead exemptions vary by municipality.