Warren, Bristol County, Rhode Island Property Taxes
Median Warren, RI effective property tax rate: 1.37%, significantly higher than the national median of 1.02%, but lower than the Rhode Island state median of 1.48%.
Median Warren, RI home value: $385,350
Median annual Warren, RI tax bill: $5,264, $2,864 higher than the national median property tax bill of $2,400.
How are property taxes in Bristol County calculated?
Property taxes in Warren, RI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Warren’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Warren, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Warren, Bristol County, Rhode Island Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.37%
Estimate Property Tax Bill
$5,279
$4,899
Property Tax Rates Across Warren, Bristol County, Rhode Island
Local government entities set tax rates, which can vary widely within a state. This variation occurs because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Warren’s effective property tax rate to other cities in Rhode Island and the median property tax rates in Rhode Island and the U.S. Warren, located in Bristol County, has a median property tax rate of 1.37%, which is higher than the national median of 1.02%. This indicates that property owners in Warren may pay more in property taxes compared to the national average. However, it aligns with the state’s overall trend, as Rhode Island’s median property tax rate is also 1.37%. Understanding these figures can help property owners make informed decisions about property investments and tax appeals.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Warren Tax Rate
1.37%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bristol County Tax Rate
1.37%
Median Effective Rhode Island Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Warren, Bristol County, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02885 | 1.37% | 1.37% | 1.37% | 1.37% | 1.37% |
Source: Ownwell
Property Tax Assessment Values Across Warren, Bristol County, Rhode Island
When examining property taxes in Warren, RI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Bristol County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Bristol County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Warren.
For example, the median home price in Warren is $385,350, with tax bills ranging significantly across the county. Zip code 02885 has the highest median home price at $385,350.
Property Tax Assessment Values Across Warren, Bristol County, Rhode Island
Source: Ownwell
$373,900
$405,450
$437,000
Median Warren Market Value
$385,350
Median Bristol County Market Value
$394,000
Median Rhode Island Market Value
$326,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Warren, Bristol County, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02885 | $271,440 | $330,900 | $385,350 | $457,200 | $604,670 |
Source: Ownwell
Property Tax Bills Across Warren, Bristol County, Rhode Island
In Warren, RI, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the market value, reflecting the property's worth. Factors influencing the tax bill include property size, location, and improvements. In Warren, the median property tax bill is significantly higher than the national median of $2,400, with homeowners often paying between $4,520 and $8,268. This can place a substantial financial burden on homeowners, who may find themselves paying more than expected.
Ownwell assists homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and market data, Ownwell identifies opportunities for reducing tax liabilities. Homeowners can potentially save money by appealing their property tax assessments with Ownwell's guidance. This service not only helps in lowering tax bills but also ensures that homeowners are not overpaying. With Ownwell's expertise, homeowners in Warren can navigate the complexities of property tax assessments and secure potential savings.
Median Warren Tax Bill
$5,264
Median Bristol County Tax Bill
$6,020
Median Rhode Island Tax Bill
$4,920
Median United States Tax Bill
$2,400
Property Tax Bills Across Warren, Bristol County, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02885 | $3,708 | $4,520 | $5,264 | $6,245 | $8,268 |
Source: Ownwell