Exeter, Washington County, Rhode Island Property Taxes
Median Exeter, RI effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the Rhode Island state median of 1.48%.
Median Exeter, RI home value: $348,400
Median annual Exeter, RI tax bill: $4,972, $2,572 higher than the national median property tax bill of $2,400.
How are property taxes in Washington calculated?
Property taxes in Exeter, 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 Exeter’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Exeter, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Exeter, Washington County, Rhode Island Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.43%
Estimate Property Tax Bill
$4,982
$4,623
Property Tax Rates Across Exeter, Washington County, Rhode Island
Local government entities set tax rates, which can vary widely within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total assessed value of all taxable property. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the fundamental annual process.
In Exeter, part of Washington County, the effective property tax rate reflects this local budgeting process. Compared to other cities in Rhode Island and the broader U.S., Exeter's rate provides insight into how local governance impacts property taxes. Rhode Island's median property tax rate is higher than the national median of 1.02%, which means property owners in Exeter may experience a higher tax burden compared to the national average. This contrast highlights the importance of understanding local tax rates and their implications for property owners. By evaluating these rates, property owners can better navigate the complexities of property taxation and make informed decisions.
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 Exeter Tax Rate
1.43%
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 Exeter, Washington County, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02822 | 1.43% | 1.43% | 1.43% | 1.43% | 1.43% |
Source: Ownwell
Property Tax Assessment Values Across Exeter, Washington County, Rhode Island
When examining property taxes in Exeter, 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 March. 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 Exeter.
For example, the median home price in Exeter is $348,400, with tax bills ranging significantly across the county. Zip code 02822 has the highest median home price at $348,400.
Property Tax Assessment Values Across Exeter, Washington County, Rhode Island
Source: Ownwell
$136,250
$657,225
$1,178,200
Median Exeter Market Value
$348,400
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 Exeter, Washington County, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02822 | $206,600 | $272,475 | $348,400 | $433,900 | $520,450 |
Source: Ownwell
Property Tax Bills Across Exeter, Washington County, Rhode Island
Median Exeter Tax Bill
$4,972
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 Exeter, Washington County, Rhode Island
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 02822 | $2,964 | $3,890 | $4,972 | $6,192 | $7,427 |
Source: Ownwell