Providence, RI — income, home value, property tax, and sales tax.
In ZIP code 02921, near Providence, homes carry a median value of $535,800, and the county-level effective property tax rate of 1.25% works out to roughly $6,700 a year on such a home. With median household income at $147,204 and per-capita income of $66,223, that tax bill absorbs a smaller share of earnings than in many places, though buyers still need substantial income to enter this market. A combined sales tax of 7.00% adds to everyday costs. High home values and strong incomes here mean property taxes take a real but proportionally contained bite.
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