East Hartford, Connecticut Property Taxes
The median property tax rate in East Hartford, CT is 4.25%, significantly higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With the median home value in East Hartford at $136,775, the typical annual property tax bill reaches $5,818, surpassing the national median of $2,690. Property taxes in East Hartford are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding East Hartford's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of East Hartford or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
East Hartford, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.25%
Estimate Property Tax Bill
$5,813
Ownwell’s East Hartford Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in East Hartford with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in East Hartford to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across East Hartford, Connecticut
Property taxes in East Hartford, Connecticut, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Hartford is 4.25%, significantly higher than both the Connecticut state median and the U.S. national median of 0.99%. Local government entities within East Hartford set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Hartford estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares East Hartford's effective property tax rate to other counties in Connecticut and the national median. For comparison, the 06118 zip code has the highest median property tax rate of 4.25%, while the 06108 zip code has the lowest median tax rate of 4.25%. Understanding how these cities compare with East Hartford provides valuable insights into the varying tax landscape across Hartford County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average East Hartford Tax Rate
4.25%
Average Hartford County Tax Rate
3.54%
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Hartford, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06108 | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% |
| 06118 | 4.25% | 4.25% | 4.25% | 4.25% | 4.25% |
Source: Ownwell
Property Tax Assessment Values Across East Hartford, Connecticut
In East Hartford, Connecticut, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by Hartford County for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, East Hartford's highest median tax bill is $5,928 in the 06118 zip code, while the lowest median tax bill is $5,686 in the 06108 zip code. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across East Hartford, Connecticut
Source: Ownwell
$24,328
$180,489
$336,650
Average East Hartford Assessed Value
$136,775
Average Hartford County Assessed Value
$166,460
Average Connecticut Assessed Value
$189,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across East Hartford, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06108 | $40,290 | $114,555 | $133,670 | $157,150 | $181,095 |
| 06118 | $94,190 | $119,695 | $139,335 | $162,142 | $184,785 |
Source: Ownwell
Property Tax Bills Across East Hartford, Connecticut
Property tax bills in East Hartford, part of Hartford County, CT, are calculated based on the assessed value of a property, which is determined by the local assessor's office. This assessed value is a percentage of the property's market value. For East Hartford, the median home price is $136,775. Homeowners' tax bills are influenced by this assessed value and the local tax rate. In East Hartford, property tax bills vary significantly. For instance, the 25th percentile tax bill is $5,010, while the 75th percentile reaches $6,818, and the 90th percentile goes up to $7,795. The highest median tax bill in the area is $5,928 in zip code 06118, whereas the lowest is $5,686 in zip code 06108. These property taxes fund essential public services such as schools, emergency services, and infrastructure. Homeowners in East Hartford face higher property tax bills compared to the national median property tax rate of 0.99%, which can significantly impact their annual expenses and overall cost of living.
Average East Hartford Tax Bill
$5,818
Average Hartford County Tax Bill
$5,898
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across East Hartford, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06108 | $1,714 | $4,873 | $5,686 | $6,685 | $7,701 |
| 06118 | $4,007 | $5,092 | $5,928 | $6,898 | $7,861 |
Source: Ownwell