Taxes in Providence, Rhode Island
Complete tax guide for Providence, RI. State income tax up to 5.99%, 1.63% property tax, 7% sales tax. Calculate your total tax burden.
State Income Tax
5.99%
Rhode Island
Property Tax
1.63%
Effective rate
Sales Tax
7%
Combined rate
Tax Burden
Very High
Providence, RI Tax Overview
State capital; Ivy League (Brown University); no local income tax
Population
190,934
Median Income
$46,327
Cost of Living
109.5 (100 = avg)
State Income Tax
5.99%
Median Home Price
$310,000
Providence Tax Calculator
Pre-filled with Providence median: $46,327
Total Tax Burden in Providence
$9,840
Take-Home: $36,487 · Effective Rate: 21.24%
Federal Tax
$3,521
7.60% eff.
RI State
$2,775
5.99% eff.
FICA
$3,544
7.65% eff.
Take-Home
$36,487
78.76% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $46,327.00 | $3,860.58 |
| Federal Income Tax | -$3,520.74 | -$293.40 |
| Rhode Island State Tax | -$2,774.99 | -$231.25 |
| Social Security (6.2%) | -$2,872.27 | -$239.36 |
| Medicare (1.45%) | -$671.74 | -$55.98 |
| Take-Home Pay | $36,487.26 | $3,040.60 |
Property Tax in Providence
Median Home
$310,000
Annual Tax
$5,053
Monthly Tax
$421
Effective Rate
1.63%
Sales Tax in Providence
Combined Rate
7%
State Portion
~4.5%
Local Portion
~2.5%
The combined sales tax rate in Providence is 7%, which is below the national average of 7.12%. On a $100 purchase, you would pay $7.00 in sales tax.
Tax Burden Comparison
| Tax Type | Providence | Rhode Island Avg | National Avg |
|---|---|---|---|
| Income Tax | 5.99% | 5.99% | 4.6% |
| Property Tax | 1.63% | ~1.63% | 1.1% |
| Sales Tax | 7% | ~7% | 7.12% |
| Overall Burden | Very High | — | Moderate |
Tax Saving Tips for Providence Residents
- Rhode Island's income tax rate of 5.99% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Property tax in Providence (1.63%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Rhode Island
Calculate Your Full Rhode Island Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Providence, RI?
Providence, Rhode Island has a state income tax rate up to 5.99%. The property tax rate is 1.63% and the combined sales tax rate is 7%. State capital; Ivy League (Brown University); no local income tax
How much is property tax in Providence?
The effective property tax rate in Providence is 1.63%. On the median home price of $310,000, this equals approximately $5,053 per year or $421 per month. This is above the national average of 1.1%.
What is the sales tax rate in Providence?
The combined sales tax rate in Providence is 7%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Providence's tax burden compare to other cities?
Providence has a very high overall tax burden. The effective total tax rate for a median-income household is approximately 34.1%. The combination of 5.99% state income tax, 1.63% property tax, and 7% sales tax determines the total burden. Cost of living index is 109.5 (100 = national average).
Are there any local taxes in Providence?
Providence does not impose a separate local or city income tax. Residents pay the state income tax of 5.99%, federal income tax, and FICA (Social Security and Medicare). State capital; Ivy League (Brown University); no local income tax