Providence, RI — income, home value, property tax, and sales tax.
Households in ZIP code 02864, near Providence, report a median income of $117,522, with per-capita income at $52,577. A median home value of $431,000 meets an effective county property tax rate of 1.25%, which works out to roughly $5,388 in annual property taxes. Adding the 7.00% combined sales tax means everyday purchases carry a noticeable premium. Together, these figures sketch a fairly high-income, high-cost profile: strong earnings offset by steep housing values and two taxes that draw steadily on household budgets throughout the year.
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