A rip fence adjustment structure includes a guide rail, a first slide slidably coupled to the guide rail and fixedly connected with a rip fence, a micro-adjustment device mounted in the first slide, a second slide slidably coupled to the guide rail and connected to the first slide by the micro-adjustment device for movement with the first slide. Thus, after moved the first slide to achieve coarse adjustment of the position of the rip fence, a second locking member is fastened up to lock the second slide, and then the micro-adjustment device is operated to drive the first slide in moving the rip fence, and then a first locking member is fastened up to lock the first slide, achieving fine adjustment of the position of the rip fence.