East Haven, Connecticut Property Taxes
The median property tax rate in East Haven, CT is 3.12%, considerably higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With a median home value of $157,500 in East Haven, the typical annual property tax bill reaches $4,917, far exceeding the national median of $2,690. Property taxes in East Haven 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 Haven'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 Haven 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 Haven, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.12%
Estimate Property Tax Bill
$4,914
Ownwell’s East Haven Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in East Haven with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in East Haven 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 Haven, Connecticut
Property taxes in East Haven, Connecticut, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Haven is 3.12%, significantly higher than both the Connecticut state median and the U.S. national median of 0.99%. Local government entities within East Haven set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Haven 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 Haven's effective property tax rate to other counties in Connecticut and the national median. For comparison, the 06513 zip code has the highest median property tax rate of 3.12%, while the 06512 zip code has the lowest median tax rate of 3.12%. Understanding how these cities compare with East Haven provides valuable insights into the varying tax landscape across New Haven County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average East Haven Tax Rate
3.12%
Average New Haven County Tax Rate
3.48%
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Haven, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06512 | 3.12% | 3.12% | 3.12% | 3.12% | 3.12% |
| 06513 | 3.12% | 3.12% | 3.12% | 3.12% | 3.12% |
Source: Ownwell
Property Tax Assessment Values Across East Haven, Connecticut
In East Haven, 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 the New Haven County Assessor 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. In East Haven, 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 example, the highest median tax bill in East Haven is $4,977 in the 06512 zip code, while the lowest median tax bill is $4,651 in the 06513 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 in East Haven helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average East Haven Assessed Value
$157,500
Average New Haven County Assessed Value
$174,720
Average Connecticut Assessed Value
$189,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across East Haven, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06512 | $114,639 | $137,130 | $159,460 | $187,740 | $233,009 |
| 06513 | $92,890 | $100,870 | $148,750 | $184,608 | $217,798 |
Source: Ownwell
Property Tax Bills Across East Haven, Connecticut
Property tax bills in East Haven, New Haven County, CT, are calculated based on the assessed value of a property, which is a percentage of its market value. The local tax rate, or mill rate, is then applied to this assessed value to determine the annual tax bill. Several factors influence the assessed value, including property size, location, and market conditions. For instance, with a median home price of $157,500, homeowners in East Haven can expect varying tax bills. At the 25th percentile, the tax bill is around $4,106, while at the 75th percentile, it rises to approximately $5,847. The highest median tax bill in the area reaches $4,977 in the 06512 zip code, and the lowest median tax bill is $4,651 in the 06513 zip code. These property tax bills significantly impact homeowners, as they are a substantial annual expense. Compared to the national median property tax rate of 0.99%, East Haven's rates can be relatively high, affecting affordability and overall cost of living in the area.
Average East Haven Tax Bill
$4,917
Average New Haven County Tax Bill
$6,350
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across East Haven, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06512 | $3,580 | $4,281 | $4,977 | $5,875 | $7,312 |
| 06513 | $2,964 | $3,185 | $4,651 | $5,770 | $6,796 |
Source: Ownwell