Ashaway, Washington County, Rhode Island Property Taxes
Median Ashaway, RI effective property tax rate: 1.47%, significantly higher than the national median of 1.02%, but lower than the Rhode Island state median of 1.48%.
Median Ashaway, RI home value: $314,200
Median annual Ashaway, RI tax bill: $4,606, $2,206 higher than the national median property tax bill of $2,400.
How are property taxes in Washington calculated?
Property taxes in Ashaway, 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 Ashaway’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ashaway, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ashaway, Washington County, Rhode Island Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.47%
Estimate Property Tax Bill
$4,619
$4,286
Property Tax Rates Across Ashaway, Washington County, Rhode Island
Local government entities set tax rates, which can vary widely within a state. 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 Ashaway’s effective property tax rate to other cities in Rhode Island and the median property tax rates in Rhode Island and the U.S.
In Ashaway, located in Washington County, the median property tax rate stands at 1.47%, which is significantly higher than the national median of 1.02%. This means property owners in Ashaway might find themselves paying more compared to the average American household. However, it is essential to consider the local services and benefits funded by these taxes. Understanding these rates can help homeowners make informed decisions about property investments and budgeting for property taxes.
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 Ashaway Tax Rate
1.47%
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 Washington County Tax Rate
1.10%
Median Effective Rhode Island Tax Rate
1.48%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Ashaway, Washington County, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02804 | 1.47% | 1.47% | 1.47% | 1.47% | 1.47% |
Source: Ownwell
Property Tax Assessment Values Across Ashaway, Washington County, Rhode Island
When examining property taxes in Ashaway, 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 Washington 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 Washington 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 Ashaway.
For example, the median home price in Ashaway is $314,200, with tax bills ranging significantly across the county. The zip code 02804 has the highest median home price at $314,200.
Property Tax Assessment Values Across Ashaway, Washington County, Rhode Island
Source: Ownwell
$136,250
$657,225
$1,178,200
Median Ashaway Market Value
$314,200
Median Washington County Market Value
$428,800
Median Rhode Island Market Value
$326,800
Median United States Market Value
$235,294
Property Tax Assessment Values Across Ashaway, Washington County, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02804 | $228,330 | $264,050 | $314,200 | $390,425 | $466,060 |
Source: Ownwell
Property Tax Bills Across Ashaway, Washington County, Rhode Island
In Ashaway, Washington County, RI, property tax bills are calculated based on the assessed value of a home, which reflects its market value. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and improvements can affect the assessed value, thus influencing the tax bill. Homeowners in Ashaway face a median tax bill of $4,606, considerably higher than the national median of $2,400. This significant difference underscores the financial impact of property taxes on local residents.
Ownwell offers a solution for homeowners burdened by high property taxes. By providing expert property tax appeal services, Ownwell helps ensure that homeowners are not overpaying. Our team reviews the assessed value of your property, identifies discrepancies, and files appeals to potentially lower your tax bill. With Ownwell's assistance, homeowners in Ashaway can gain peace of mind and potentially save money, making property ownership more affordable and manageable.
Median Ashaway Tax Bill
$4,606
Median Washington County Tax Bill
$4,838
Median Rhode Island Tax Bill
$4,920
Median United States Tax Bill
$2,400
Property Tax Bills Across Ashaway, Washington County, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02804 | $3,347 | $3,871 | $4,606 | $5,724 | $6,833 |
Source: Ownwell