Taxes in Smithfield

Smithfield's tax picture combines a comparatively high local property tax rate with Rhode Island's real, statewide elevated income and sales tax structure.

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A comparatively high property tax rate

Smithfield's residential rate ($14.53/$1,000 assessed value, ~1.453% effective) runs above both the ~1.02% national and ~1.35% Rhode Island statewide averages -- a real, disclosed 1.73% increase from the prior fiscal year.

Rhode Island's graduated income tax

Rhode Island taxes income across 3 brackets for 2026: 3.75% up to $82,050, 4.75% from $82,050-$186,450, and 5.99% above $186,450 -- applying uniformly regardless of filing status.

A flat, comparatively high statewide sales tax

Rhode Island levies a flat 7% sales tax statewide, with no local city or county add-ons.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.