Rhode Island Income Tax
Rhode Island has a progressive income tax with rates ranging from 3.75-5.99%. Lower income earners pay the lower rate, with the top rate applying to the highest bracket.
Rhode Island Sales Tax
The state sales tax rate in Rhode Island is 7%. With an average local sales tax of 0%, the combined average sales tax rate is 7%.
Rhode Island Property Tax
The effective property tax rate in Rhode Island is 1.4%. With a median home value of $361,500, the median annual property tax bill is $4,734 ($395/month).
Corporate & Business Taxes
The corporate tax rate in Rhode Island is 7%.
Other Taxes in Rhode Island
| Tax Type | Rate / Amount |
|---|---|
| Gas Excise Tax | $0.35/gallon |
| Cigarette Tax | $4.25/pack |
| Estate Tax | Yes |
| Inheritance Tax | No |
Key Facts
High property taxes and sales tax. Estate tax on estates above $1,774,583.
Compare to Other States
See how salaries compare on our average salary in Rhode Island page. Thinking about starting a business? Check our LLC guide for Rhode Island. See the current minimum wage in Rhode Island.
Financial Calculators
Plan your finances in Rhode Island with our free tools:
- Paycheck Calculator — estimate take-home pay after taxes
- Salary Calculator — convert hourly to annual pay
- Mortgage Calculator — estimate monthly home payments
- Home Affordability Calculator — see how property taxes affect what you can afford