Town guides » Rhode Island

Buying a home in Woonsocket, RI

What it actually costs to buy and own in Woonsocket: taxes, insurance, closing costs, and the commute.

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Property taxes in Woonsocket

ItemAmount
Residential rate$88.88 per $1,000 of assessed value
Annual tax on a $600,000 homeabout $88,888 ($8,888 per month)
Commercial rate$88.88 per $1,000

Assessed value often trails sale price; your first-year bill may differ. Rates change each fiscal year.

Homeowners insurance

Baseline premiums in Woonsocket run about $888 per $100,000 of dwelling coverage per year. Your actual quote moves with the home's age, roof, claims history, and deductible.

Closing costs

Buyer-side itemEstimate
Buyer's attorney (typical)$8,888
Owner's title insurance on $600,000about $8,888
Recording fees$888
Example subtotalabout $8,888

Transfer tax runs $8.88 per $1,000 of sale price, customarily paid by the seller.

Lender fees, prepaid taxes and insurance, and escrows come on top. Your loan estimate is the binding number.

Ongoing town costs

CostTypical
Water and sewerabout $88 per month
Snow removal (typical season)about $888 per year

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Data years: 2025. Sources: tax. All figures are estimates for planning, not quotes. Confirm with the town, your lender, and your insurance agent before relying on them.