Providence County, Rhode Island: What It Costs to Buy a Home
The median home in Providence County is worth $339,100, property taxes on it run about $4,661 a year (1.37%), the FHA loan limit is $787,750, and closing on it means about $2,543 in transfer tax plus $1,240 in title insurance. Each number below opens its own page with the source and a calculator.
| Median home value | $339,100 | Title insurance at this price → |
|---|---|---|
| Property taxes (median paid) | $4,661 a year, 1.37% of value | Property tax page → |
| FHA loan limit (1 unit) | $787,750 | Loan limits page → |
| Conforming loan limit (1 unit) | $832,750 | Loan limits page → |
| Transfer tax on the median home | $2,543 | Rhode Island transfer tax page → |
| Title insurance on the median home | $1,190 owner's + $50 lender's | Title insurance page → |
| Recording fees (deed + mortgage) | $164 | Recording fees page → |
| Closing costs from these items | $3,947 | Closing costs page → |
| Area median income (HUD, family of 4) | $112,100; low-income limit $89,700 | Income limits page → |
Frequently asked questions
How much do homes cost in Providence County?
The median owner-occupied home in Providence County is valued at $339,100, per U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units).
How much are property taxes in Providence County?
The median Providence County homeowner pays $4,661 a year in real estate taxes, about 1.37% of the median home value ($4,722 for homes with a mortgage), per the Census Bureau's American Community Survey.
What is the FHA loan limit in Providence County?
$787,750 for a one-unit home in 2026 (a high-cost limit above the national floor), per HUD; the conforming limit for Fannie Mae and Freddie Mac loans is $832,750, per FHFA.
What does it cost to close on a home in Providence County?
On the $339,100 median home: transfer tax $2,543, title insurance $1,240 for both policies, recording fees about $164, about $3,947 for those items before lender fees, prepaid taxes and insurance.
What is the area median income in Providence County?
HUD's FY 2026 median family income for Providence County (Providence-Fall River, RI-MA HUD Metro FMR Area) is $112,100. A family of four counts as low income below $89,700 under HUD's 80% tier (adjusted for local housing costs, so it can sit above 80% of the median), which is the line many first-time buyer assistance programs use.
Nearby Rhode Island counties
- Bristol County $468,000
- Kent County $333,900
- Newport County $559,700
- Washington County $469,800
Sources
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units)
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25103 (median real estate taxes paid)
- HUD, FHA forward mortgage loan limits for calendar year 2026 (CHUMS county limits file, Mortgagee Letter 2025-23)
- FHFA, conforming loan limits for mortgages acquired in calendar year 2026, by county
Figures are computed from the documents above and rounded to the dollar. All sources.
Every Rhode Island county → Rhode Island closing costs →
General information, not financial, tax or legal advice. Figures are medians and schedule computations, not quotes.
Counties in every state