Retirement Tax Breakdown for Rhode Island Residents

Complete Rhode Island retirement tax guide: income tax rates, capital gains treatment, Social Security and pension taxation, property taxes, and sales tax. Overall retiree-friendliness rank: #37 of 51.

State Income Tax
5.99% top rate

3 bracket(s)

Capital Gains Rate
5.99%

Treated as ordinary income

Property Tax Rate
1.37%

#9 (Low)

Sales Tax Rate
7%

State 7% + local avg 7%

Less Tax-Friendly State

Rhode Island exempts Social Security but taxes pensions and retirement distributions. Property taxes are among the highest in the country.

Retirement Income Taxation

Social Security

Not taxed

Pension Income

Taxable

Retirement Exemption

None

Tax Comparison Summary

State income tax5.99% top
Capital gains5.99%
Property tax1.37% effective
Sales tax7% combined
Overall retiree rank#37 of 51

Rhode Island Income Tax Brackets

State Tax Bracket Schedule

RateFromTo
3.75%$0$15,950
4.75%$15,950$144,000
5.99%$144,000No limit

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