ZIP Code 02894

Ashaway, RI — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
$64,228
Median home value
$510,800
Property tax rate
1.00%
Combined sales tax
7.00%

In ZIP 02894, near Ashaway, households earn an average of $64,228 per person, a figure that shapes how far each dollar stretches. With the median home valued at $340,600 and county property taxes at 1.00%, owners pay roughly $3,406 annually, or about $284 monthly. Add the 7.00% combined sales tax on purchases, and daily spending carries a noticeable premium. For a single earner, housing costs alone consume a meaningful share of income, while the sales tax trims what remains for groceries, fuel, and other essentials. Budgeting here rewards attention to both the annual tax bill and the steady drip of consumption taxes.