Property Tax Guide:

Rhode Island

Rhode Island has an effective property tax rate of 1.4%, with a median annual property tax of $4,760. Properties are assessed at 100.0% of market value and reassessed every 9 years with statistical update at year 6 (state law requires revaluation at least every 9 years with interim updates). Payments are due quarterly.

Effective Rate
1.40%
Assessment Ratio
100.0%
Median Annual Tax
$4,760
Payment Frequency
Quarterly
Appeal Deadline
Within 90 days of first tax payment due date (typically by October for most municipalities)
Due Dates
Varies by municipality; typically quarterly (July, October, January, April) or semi-annually
Reassessment Cycle
Every 9 years with statistical update at year 6 (State law requires revaluation at least every 9 years with interim updates)
Homestead Exception
No statewide homestead exemption; municipalities may offer local exemptions. Veterans exemption varies by city/town. Seniors may qualify for tax freeze in some municipalities.
Key Notes
High property tax burden relative to home values. Motor vehicle excise tax being phased out. Municipalities set own rates. Each city/town has its own assessment and billing cycle. Nine-year revaluation cycle is among the longest required by law.
Late Penalty
Varies by municipality; typically 12-18% per annum interest on delinquent taxes; some municipalities charge 1.5% per month

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