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Providence County Housing Market

Rhode Island · 5 counties · Ranked #2777 in home value

Above National Avg

Housing at a Glance

Median Home Value

$339,100

vs national+$339,100 vs $281,900 national

Median Gross Rent

$1,242/mo

vs national+$1,242 vs $1,163 national

Effective Tax Rate

1.37%

vs national+1.37% vs 1.02% national

Median Household Income

$78,204

vs national+$78,204 vs $74,755 national

Affordability Ratio

4.3x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

28.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$4,661

Tax as % of Home Value

1.37%

Monthly Owner Cost

$1,712

Renter Income

$47,118

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Frequently Asked Questions

What is the median home value in Providence County?

The median home value in Providence County is $339,100. This is above the national median of $281,900.

How much is rent in Providence County?

The median gross rent in Providence County is $1,242 per month.

What is the property tax rate in Providence County?

The effective property tax rate in Providence County is 1.37%. The median annual property tax bill is $4,661.

Is Providence County affordable?

With a home-value-to-income ratio of 4.3x, Providence County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.