Taxes & Insurance in Hopkinton
Hopkinton applies Rhode Island's real, elevated statewide tax structure alongside a town-specific property tax picture this record discloses with full cross-source honesty.
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Learn moreRhode Island's real 2026 income and sales tax picture
Rhode Island's individual income tax runs a real, current three-bracket structure (3.75%/4.75%/5.99%, applying uniformly across filing statuses), with a flat 7% statewide sales tax and no local add-ons -- both apply in Hopkinton as statewide (base record).
Hopkinton's own property tax rates
Ownwell cites Hopkinton's median effective property tax rate at 1.47%; Hopkinton's own town-published 2025-2026 nominal rate runs $15.29 per $1,000 assessed (1.529% nominal) -- a real, disclosed reversal of the usual nominal-below-effective pattern (base record).
A real, disclosed rate-structure oddity
Hopkinton's nominal rate running slightly ABOVE its cited effective rate is a real, disclosed reversal of the pattern found in this pass's Exeter and Richmond, RI companion records, plausibly reflecting Hopkinton's own assessment-ratio and revaluation timing (base record).
No Hopkinton-specific insurance figure confirmed
This record applies Rhode Island's own statewide homeowners-insurance range ($1,932-$2,196/year) absent a Hopkinton-specific figure -- a real, disclosed gap (base record).
Key takeaways
- Rhode Island's 5.99% top income tax rate and flat 7% sales tax both apply statewide in Hopkinton.
- Hopkinton's own effective (1.47%) and nominal (1.529%) property tax rates carry a real, disclosed reversal.
- That reversal plausibly reflects Hopkinton's own assessment-ratio and revaluation timing.
- No Hopkinton-specific insurance premium was confirmed -- Rhode Island's statewide range applies.
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