02889 Property Tax Rate

Property owners in ZIP code 02889 (Warwick, Rhode Island) pay a median of $4,415/year in property taxes on homes valued at $299,900. 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 02889 is approximately $368, which factors into escrow payments on mortgages. This ZIP code is located within Kent County. This is $643 less than the Rhode Island average of $5,058/year.

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

In Warwick, property taxes represent approximately 5.2% of the median household income of $85,617, providing context for the relative tax burden on homeowners in this area.

Rhode Island does not cap annual assessment increases; your property will be reassessed to market value at purchase and each year after. Kent County Assessor provides a Homestead Exemption for owner-occupied primary residences — apply directly to the Kent County Assessor's office within 30 days of closing to secure this benefit. Verify your assessed value on the Kent County tax notice and file a formal appeal with the assessor by the deadline noted on your notice if the valuation seems inflated.