ZIP Code 02841

In ZIP code 02841, near Newport, households earn a median of $181,458, while per-capita income sits at $53,038. The county's effective property tax rate of 0.89% means a home's assessed value drives the annual bill directly, so higher-priced properties carry proportionally larger payments even at that rate. Combined with a 7.00% sales tax, everyday purchases also draw on income. Whether that math feels comfortable depends largely on the home price a buyer takes on relative to the median earnings reported here, since the rate itself stays fixed regardless of value.