Providence is Rhode Island's capital, with a healthcare, education, and design-industry economy anchored by Brown University and RISD. The city's property tax rate is high relative to its suburbs.
Recommended for incomes above $130k/yr (28% DTI rule)
Providence housing market
The 1.75% property tax rate reflects the county-level effective rate for Providence and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Rhode Island average — county-level data produces more accurate monthly payment estimates for Providence buyers. Many Providence properties also carry HOA fees — the area average is approximately $250/month, which is not included in the calculator above.
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