Providence, RI — income, home value, property tax, and sales tax.
In Providence's 02906 ZIP code, households earn a median of $103,050, while per-capita income reaches $76,154. With median home values at $638,600 and a county property tax rate of 1.25%, annual property taxes run roughly $7,983 before any exemptions. That housing cost takes a meaningful bite out of earnings, even at these income levels. Sales taxes add 7.00% to most purchases, trimming everyday spending power. Together, these figures sketch a budget where homeownership and consumption both carry real weight, and where financial planning centers on absorbing property taxes alongside the higher prices that accompany living in or near Providence.
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