Providence, RI — income, home value, property tax, and sales tax.
In ZIP code 02825, near Providence, homes carry a median value of $445,600, and the county's 1.25% effective property tax rate works out to roughly $5,570 a year on such a home. Households here earn a median of $112,593, so that tax equals about 5% of annual income before any exemptions or deductions. Per-capita income sits at $49,136. Add the 7.00% combined sales tax on purchases, and carrying costs extend beyond the mortgage itself, though the income base supports the load better than in many places.
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