Newport property tax: where it goes
A Newport house pays 0.718% of its taxable value in property tax. For a house at $746,900 of market value with the homestead exemption, that's about $3,319 a year.
Tax is levied on The city lists its tax rates per thousand dollars..
Last published rate: the city's tax rates page lists $7.177 for 2025-2026 and no newer rate. The FY2027 budget proposed $7.316 as a preliminary rate; no adopted FY2027 rate was found, so your current bill may differ.
Who taxes this house
| Taxing agency | Rate | On $746,900 |
|---|---|---|
| City of Newport (resident residential rate) | 0.7177% | $3,319 |
| Total | 0.718% | $3,319 |
2025-2026 tax year (FY2026), City of Newport. Exemptions applied: FY2026: qualifying owner-occupied properties receive a 24% exemption, equal to $284,433 of average assessed value ($284,433).
Ways to pay less
- Owner-occupants: apply for the Resident Rate. Qualifying owner-occupied properties may apply for reduced rates through Newport's Two-Tiered Tax Program. The last published rates (2025-2026) are $7.177 per thousand for Resident Residential and $8.689 for Non-Resident Residential. How: The city's budget presentation lists Jan 4 – Feb 26 as the non-renewal application period for 2027. Rates for the year you apply may differ from the 2025-2026 rates.
- Seniors with income up to $72,950 (single) or $83,400 (joint): 20% tax reduction. Seniors with total gross household income not exceeding $72,950 (single) or $83,400 (joint) may be eligible for a 20% reduction in their taxes, with 5 years of residency at the location. How: Apply between January 1 and the last business day in February to get it on the July bill.
- Veterans and widows of veterans: $21,400 exemption. Veterans and widows of veterans who served during dates and conflicts identified in state and local law may be eligible for a $21,400 exemption. How: Apply between January 1 and the last business day in February to get it on the July bill.
Dates
| When | What |
|---|---|
| Jan 1 – last business day of Feb | Veterans and senior exemption applications, for the July bill. |
| Jan 4 – Feb 26, 2027 | Non-renewal application period for the Two-Tiered Tax Program in 2027; all participants must renew Jan 3 – Feb 29, 2028. |
Pay or manage it
Checked October 22, 2026. Every number here comes from the public sources listed, matched by our checker.
Rates change every year; this page shows when it was last checked. Nothing here is legal, tax or insurance advice.