Rhode Island’s property tax revenue up 100 percent since Q2 2019

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Rhode Island collected $2 million in property taxes during the second quarter of 2020, a 100 percent increase over the same period the previous year, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

In the second quarter of 2019, $1 million was collected.

Overall, Rhode Island collected $818 million in combined tax revenues in the second quarter.

In addition to detailed tax revenue data from each state, the Quarterly Summary of State and Local Government Tax Revenue includes an estimate of state and local government tax revenue at a national level.

The Census Bureau cautions that it sets the tax classifications among the survey categories, and they may differ from the classifications set by the state governments.

Second Quarter Rhode Island Tax Collections
Type of Tax Amount (in millions of dollars)
Property Taxes $2
Sales and Gross Receipts Taxes $433
Income Taxes $316

Source: U.S. Census Bureau



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