Transfer Tax on a $500,000 Home in Rhode Island
The Rhode Island transfer tax on a $500,000 purchase is $3,750 ($3.75 per $500 of price or fraction (0.75%)).
Nearby prices
| Purchase price | State tax | Mansion tax | Total |
|---|---|---|---|
| $150,000 | $1,125 | $0 | $1,125 |
| $200,000 | $1,500 | $0 | $1,500 |
| $250,000 | $1,875 | $0 | $1,875 |
| $300,000 | $2,250 | $0 | $2,250 |
| $350,000 | $2,625 | $0 | $2,625 |
| $400,000 | $3,000 | $0 | $3,000 |
| $450,000 | $3,375 | $0 | $3,375 |
| $500,000 | $3,750 | $0 | $3,750 |
| $600,000 | $4,500 | $0 | $4,500 |
| $700,000 | $5,250 | $0 | $5,250 |
| $800,000 | $6,000 | $0 | $6,000 |
| $1,000,000 | $7,500 | $1,500 | $9,000 |
Transfer tax calculator
Who pays
In Rhode Island the seller pays the transfer tax by statute or custom, so it usually reduces the seller's proceeds rather than adding to the buyer's closing costs. 'In the absence of an agreement to the contrary the tax shall be paid by the grantor' (R.I. Gen. Laws Section 44-25-1(a)). Source
Frequently asked questions
How much is the transfer tax on a $500,000 house in Rhode Island?
$3,750: the state rate is $3.75 per $500 of price or fraction (0.75%).
Who pays it?
In Rhode Island the seller pays the transfer tax by statute or custom, so it usually reduces the seller's proceeds rather than adding to the buyer's closing costs. 'In the absence of an agreement to the contrary the tax shall be paid by the grantor' (R.I. Gen. Laws Section 44-25-1(a)). Source
Sources
Rates as the statute or revenue department publishes them, checked 2026-09-22. Figures are computed from those rates and rounded to the dollar; exemptions for first-time buyers or principal residences are noted where they exist and are not applied. All sources.
Rhode Island transfer tax overview → Title insurance on a $500,000 home in Rhode Island →
Figures are computed from the statute cited above and rounded to the dollar. This is general information, not tax or legal advice.
Rhode Island transfer tax