Newport, RI — income, home value, property tax, and sales tax.
In ZIP code 02837, near Newport, homes carry a median value of $783,400, and the county-level effective property tax rate of 0.89% works out to roughly $6,972 a year on such a home. Households here earn a median of $134,750, with per-capita income at $92,058, so that tax bill equals about 5.2% of median household earnings. Combined with a 7.00% sales tax, ownership costs stay tied closely to the area's high incomes and elevated home prices.
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