Ashaway, RI — income, home value, property tax, and sales tax.
In ZIP code 02873, near Ashaway, homes carry a median value of $360,200, and the county-level effective property tax rate of 1.00% translates to roughly $3,602 in annual taxes on such a home. That figure stands out against a median household income of $46,406, meaning property taxes alone could claim a meaningful share of a household's yearly earnings, even though per-capita income reaches $83,970. Combined with a 7.00% sales tax, the overall cost of living here weighs on homeowners whose earnings sit near the median, making the gap between home values and household income the central affordability question in this area.