Providence, RI — income, home value, property tax, and sales tax.
With a median household income of $124,592, ZIP code 02859 sits well above the national midpoint, placing it in affluent territory near Providence. Per-capita income reaches $46,715, and homes command a median value of $385,500. That price tag carries a county-level property tax rate of 1.25%, meaning owners pay a meaningful share of value each year. Add a 7.00% combined sales tax on purchases, and the overall cost of living here runs high. Households earning six figures can absorb these levies, but the totals reflect a community where taxes take a real bite.
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