Cumberland, Providence County, Rhode Island Property Taxes

Name: Property Tax Bills Across Cumberland, Providence County, Rhode Island
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Cumberland, RI effective property tax rate: 1.16%, significantly higher than the national median of 1.02%, but lower than the Rhode Island state median of 1.48%.
Median Cumberland, RI home value: $383,400
Median annual Cumberland, RI tax bill: $4,455, $2,055 higher than the national median property tax bill of $2,400.

How are property taxes in Providence calculated?

Property taxes in Cumberland, 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 Cumberland’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cumberland, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cumberland, Providence County, Rhode Island Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.16%

Estimate Property Tax Bill

$4,447

$4,127

Ownwell’s Cumberland Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cumberland with just two data points. By entering your property's estimated assessed value, our calculator applies Cumberland’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Providence County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cumberland, Providence County, Rhode Island

Local government entities in Cumberland, located in Providence County, set property tax rates that can vary significantly within Rhode Island. This is because each year, counties estimate the budget required to maintain public services and divide it by the total assessed value of taxable properties within their jurisdiction. This calculation determines the property tax rate. Although setting these rates and budgets involves votes and legislation, this is the core of the annual process. Comparing Cumberland’s effective property tax rate with other cities in Rhode Island, it aligns with the state's median property tax rate of 1.16%. This rate is higher than the national median property tax rate of 1.02%, reflecting the local government's fiscal needs and property values. Understanding these rates can help property owners make informed decisions about property investments and potential tax appeals.

Property Tax Rates Across Cumberland, Providence County, Rhode Island

Source: Ownwell

1.16%

1.74%

2.32%

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 Cumberland Tax Rate

1.16%

Median Effective Providence County Tax Rate

1.71%

Median Effective Rhode Island Tax Rate

1.48%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cumberland, Providence County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
02864	1.16%	1.16%	1.16%	1.16%	1.16%

Source: Ownwell

Property Tax Assessment Values Across Cumberland, Providence County, Rhode Island

When examining property taxes in Cumberland, 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 Providence 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 Providence County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Cumberland. For example, the median home price in Cumberland is $383,400, with tax bills ranging significantly across the county. The zip code 02864 has the highest median home price at $383,400.

Property Tax Assessment Values Across Cumberland, Providence County, Rhode Island

Source: Ownwell

$215,400

$406,200

$597,000

Median Cumberland Market Value

$383,400

Median Providence County Market Value

$293,200

Median Rhode Island Market Value

$326,800

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cumberland, Providence County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
02864	$283,050	$326,600	$383,400	$492,300	$611,000

Source: Ownwell

Property Tax Bills Across Cumberland, Providence County, Rhode Island

In Cumberland, located in Providence County, RI, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $383,400, homeowners can expect to pay a tax bill that varies widely depending on their property's assessed value. The median property tax bill in Cumberland is $4,455, significantly higher than the national median of $2,400. Factors such as location, property size, and improvements can influence the assessed value, impacting the tax bill. For example, homeowners in the 25th percentile pay around $3,795, while those in the 90th percentile face bills up to $7,100. This variability can pose a financial burden on homeowners. Ownwell provides a valuable service by helping homeowners appeal their property tax assessments, potentially lowering their tax bills. By analyzing local market trends and leveraging expertise in property tax laws, Ownwell can identify opportunities for savings, ensuring homeowners pay only their fair share.

Property Tax Bills Across Cumberland, Providence County, Rhode Island

Source: Ownwell

$3,784

$7,370

$10,955

Median Cumberland Tax Bill

$4,455

Median Providence County Tax Bill

$4,934

Median Rhode Island Tax Bill

$4,920

Median United States Tax Bill

$2,400

Property Tax Bills Across Cumberland, Providence County, Rhode Island

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
02864	$3,289	$3,795	$4,455	$5,721	$7,100

Source: Ownwell