Providence, RI — income, home value, property tax, and sales tax.
Households in ZIP code 02802, near Providence, bring in a median of $116,159 a year, while per-capita income sits at $57,877. That earning power shapes how housing costs land: with a median home value of $362,700, the county's 1.25% effective property tax rate works out to roughly $4,534 annually, a meaningful line item even at this income level. Day-to-day purchases carry a 7.00% combined sales tax, so spending adds up gradually. Together, property and sales taxes draw on earnings that are well above average, giving households here more flexibility than many places, though the housing-related costs still claim a real share of the annual budget.
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