Cost of Living & Housing in Slatersville
Slatersville'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, substantial housing-value discrepancy across sources.
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Learn moreA property tax rate above the Rhode Island statewide median
Slatersville's own effective property tax rate ran 1.48% (Ownwell) -- above Rhode Island's own statewide median (approximately 1.45%) and notably above North Smithfield's own official FY2026 municipal rate ($11.499/$1,000, approximately 1.1499%), producing an Ownwell-cited median annual tax bill of $4,630 (base record).
A real, disclosed housing-value discrepancy
Housing-value citations for Slatersville ran genuinely, substantially inconsistent this pass: Ownwell's own median home value ran approximately $313,450, while separate sources cited figures from approximately $388,512 up to approximately $655,732 -- nearly double the lowest figure. This record discloses all of it 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-data spread
Slatersville's population runs somewhere in the range of approximately 667-753 residents depending on source -- Slatersville is a historic village rather than its own dedicated Census-Designated Place, so this record discloses the spread directly rather than resolving it (base record).
Key takeaways
- Slatersville's own 1.48% effective property tax rate runs above the Rhode Island statewide median.
- Housing-value citations for Slatersville run genuinely inconsistent ($313,450 to $655,732) -- 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 carry a real, disclosed cross-source spread (approximately 667-753 residents).
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