02861 Property Tax Rate

Property owners in ZIP code 02861 (Pawtucket, Rhode Island) pay a median of $4,189/year in property taxes on homes valued at $285,200. This translates to an effective tax rate of 1.47%, which is 14% above the Rhode Island state average of 1.29%.

The monthly property tax burden for a median-valued home in 02861 is approximately $349, which factors into escrow payments on mortgages. This ZIP code is located within Providence County. This is $869 less than the Rhode Island average of $5,058/year.

Compared to similar ZIP codes in Rhode Island, 02861 has lower property taxes. ZIP codes with similar effective rates include 02889 (1.47%) and 02898 (1.47%).

In Pawtucket, property taxes represent approximately 5.0% of the median household income of $83,044, providing context for the relative tax burden on homeowners in this area.

Rhode Island applies no statewide property tax cap; reassessment occurs when property changes hands or at intervals set by your municipality — contact the Providence County Assessor for your specific town's cycle. Providence County homebuyers should explore income-based relief programs through their town assessor's office, as eligibility varies by municipality but may include exemptions or deferrals for seniors, veterans, or low-income households. After closing, file a homestead exemption application immediately with your town assessor — most Providence County towns require filing within 30–60 days to qualify for current-year tax reduction.