Cost of Living & Housing in Rumford
Rumford's cost of living combines Rhode Island's statewide sales-tax and income-tax structure with a property tax rate genuinely above the state median and a real, disclosed cross-source housing-value spread.
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Learn moreA property tax rate above the Rhode Island statewide median
Rumford's own effective property tax rate ran 1.53% (Ownwell) -- above Rhode Island's own statewide median (approximately 1.45%, per the same source) and the national median (approximately 1.02%), producing a median annual tax bill of $5,571 (base record).
A real, disclosed housing-value spread
ZIP-level (02916) housing-value citations ran genuinely inconsistent across sources this pass, from approximately $360,400 (Census ACS median) to approximately $490,000 (RealtyTrac median sale price) -- this record discloses both rather than picking one (base record).
Rhode Island's flat 7% sales tax and 5.99% top income tax rate
Rhode Island levies a flat statewide 7% sales tax with no local add-on, and its 2026 individual income tax tops out at a 5.99% marginal rate on taxable income above $186,450 (base record).
A real, disclosed population-boundary gap
This record's cited population figure (approximately 8,350) reflects the 02916 ZIP code as a whole, which this record's own research did not confirm maps exactly onto the historic Rumford village boundary -- a real, disclosed gap (base record).
Key takeaways
- Rumford's own 1.53% effective property tax rate runs above the Rhode Island statewide median.
- Housing-value citations for Rumford run genuinely inconsistent ($360,400 to $490,000) -- confirm current figures directly.
- Rhode Island's flat 7% sales tax and 5.99% top income tax rate apply here as they do statewide.
- Population figures reflect ZIP-level rather than village-specific boundaries -- a real, disclosed gap.
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