Newport, RI — income, home value, property tax, and sales tax.
ZIP code 02871, covering part of Newport, ranks among the wealthier corners of Rhode Island. Households here earn a median of $116,831, and per-capita income reaches $63,317. Homes carry a median value of $597,000, with the county's 0.89% property tax rate translating into a substantial annual bill on that assessment. Add a 7.00% combined sales tax on purchases, and the overall cost of living tilts toward the affluent end. High earnings and pricey real estate define this area more than any working-class or middle-income label would capture.
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