Updated March 26 at 6:25pm

SmartAsset: Providence County’s overall tax burden lowest in R.I.

Providence County has the lowest tax burden among Rhode Island’s five counties, according to SmartAsset’s third annual study.

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SmartAsset: Providence County’s overall tax burden lowest in R.I.

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PROVIDENCE – Providence County has the lowest tax burden among Rhode Island’s five counties, according to SmartAsset’s third annual study.

The financial services company said the overall tax burden is lowest in Providence County, thanks to low property and fuel tax totals, averaging $3,755 and $286, respectively.

The study calculates the amount of money a person would pay in income, sales, property and fuel taxes in each county in Rhode Island. Income taxes and sales taxes are the same in all five counties, at $9,424 and $1,068, respectively. Nationally, Providence county falls to a rank of 2,843, however.

Providence County includes Burrillville, Central Falls, Cranston, Cumberland, East Providence, Foster, Glocester, Johnston, Lincoln, North Providence, North Smithfield, Pawtucket, Providence, Scituate, Smithfield and Woonsocket.

The rest of the counties, in order of lowest to highest tax burden, are:

  • Kent, property taxes, $3,761; fuel taxes, $342 (national rank 2,862)

  • Washington, property taxes, $4,108; fuel taxes, $331 (national rank 2,931)

  • Newport, property taxes, $4,218; fuel taxes, $312 (national rank 2,950)

  • Bristol, property taxes, $4,979; fuel taxes, $308 (national rank 3,028)

SmartAsset said Rhode Island property taxes are 10th highest in the United States. The statewide average effective property tax rate, or property taxes as a percentage of home value, is 1.55 percent. The average homeowner pays nearly $4,000 a year in property taxes in Rhode Island, SmartAsset said.

It also said the Ocean State has the 11th highest gas tax in the country, and that the tax is equal to 33 cents per gallon, which would add up to $165 per year for someone who drives 12,500 miles in a car that averages 25 miles per gallon.

Nationwide, Yukon Koyukuk, Alaska, has the lowest overall tax burden. There, income taxes are $8,364; sales taxes are zero; property taxes average $511; and fuel taxes average $52.

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