Providence, RI — income, home value, property tax, and sales tax.
Households in ZIP code 02896, near Providence, report a median income of $108,983, with per-capita income at $54,477. A median home value of $457,400 meets a county property tax rate of 1.25%, which works out to roughly $5,700 a year for a home at that value. Sales tax in the area runs 7.00%, so everyday purchases carry that added cost. Together, these figures sketch a community where earnings are solid but housing and consumption taxes both take a meaningful share.
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