Wakefield-Peace Dale Property Tax Calculator
In Wakefield-Peace Dale, Rhode Island, the median property tax bill is $4,762 a year on a home worth around $464,400 — an effective rate of 1.03% of value. That is the 4th lowest rate of the 16 Rhode Island cities with Census data (state average 1.12%). On a $350,000 home that works out to about $3,605/year ($300/month in escrow). Enter your home value below.
$3,850 / year
$320.83/month in escrow · effective rate 1.10% of value
Effective rates are state averages (Tax Foundation / Census ACS). Your local rate, assessment ratio and exemptions vary by county — adjust the rate for an exact bill. How we calculate →
Wakefield-Peace Dale property tax rate vs the rest of Rhode Island
Wakefield-Peace Dale has an effective property tax rate of 1.03% — its median real-estate tax bill ($4,762) as a share of its median home value ($464,400). That is below Rhode Island's 1.12% state average, and ranks the 4th lowest of the 16 Rhode Island cities we track.
Your bill is set by overlapping local taxing bodies — the city, the county, and the school district — so the same home value in a neighbouring town can owe a very different amount. The calculator above starts from Wakefield-Peace Dale's 1.03% effective rate; adjust it to your exact parcel or add a homestead exemption for a closer estimate.
Property tax by home value in Wakefield-Peace Dale
Estimated annual Wakefield-Peace Dale property tax at its 1.03% effective rate:
$250,000 home → $2,575/yr · $350,000 home → $3,605/yr · $500,000 home → $5,150/yr.
Divide by 12 for the monthly escrow your mortgage servicer collects — about $300/month on a $350,000 home. These figures use the city effective rate; your exact local rate and any exemptions change the final bill.
How affordable is property tax in Wakefield-Peace Dale?
The typical Wakefield-Peace Dale homeowner pays about $4,762 in property tax against a median household income of $111,200 — roughly 4.3% of income a year. That ratio is a quick way to weigh the real burden of property tax, since a modest rate on an expensive home can still be a large dollar bill.
How Wakefield-Peace Dale property tax is calculated
Your assessor sets Wakefield-Peace Dale's assessed value, and local millage rates from the city, county and school district are applied to it; the 1.03% effective rate rolls all of that into one share of market value. To estimate your tax, multiply your home value by 1.03% (or your exact local rate), then subtract any homestead or senior exemption you qualify for. The calculator above does this and shows both the annual bill and the monthly escrow amount.
Wakefield-Peace Dale property tax — frequently asked questions
What is the property tax rate in Wakefield-Peace Dale, Rhode Island?
Wakefield-Peace Dale's effective property tax rate is 1.03% of home value in 2026 — its median $4,762 bill on a median $464,400 home. That is the 4th lowest of the 16 Rhode Island cities we track, where the state average is 1.12%.
How much is property tax on a $350,000 home in Wakefield-Peace Dale?
At Wakefield-Peace Dale's 1.03% effective rate, a $350,000 home owes about $3,605 a year — roughly $300 a month through escrow. Your exact parcel and any exemptions can move this up or down.
Is property tax high in Wakefield-Peace Dale?
Wakefield-Peace Dale ranks the 4th lowest of the 16 Rhode Island cities by effective rate (1.03% vs the 1.12% state average), so it is on the lower side for Rhode Island. The median bill is $4,762 a year.
What is the median property tax in Wakefield-Peace Dale?
The median Wakefield-Peace Dale homeowner pays about $4,762 a year, on a median home value of around $464,400 — an effective rate near 1.03% (US Census ACS).
How is Wakefield-Peace Dale property tax calculated?
Multiply your home's value by Wakefield-Peace Dale's effective rate (1.03%, or your exact local millage), then subtract any homestead exemption. The assessor sets the assessed value and local bodies set the rates; the calculator above estimates the annual and monthly amounts.
Compare nearby cities in Rhode Island
See all 16 Rhode Island cities ranked by property tax rate, or compare:
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