Providence, RI — income, home value, property tax, and sales tax.
ZIP code 02903, in Providence, sits in the middle-income range, with a median household income of $64,476 and per-capita income of $56,047. Home values run higher than incomes might imply: the median property is worth $408,900, and the county-level effective property tax rate of 1.25% translates into a meaningful annual bill on that value. Shoppers here also pay a 7.00% combined sales tax. Altogether, this is a solidly middle-income urban ZIP where housing costs and the taxes tied to them claim a substantial share of what households earn.
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