East Hartland, Connecticut Property Taxes
The median property tax rate in East Hartland, CT is 2.73%, considerably higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With the median home value in East Hartland being $178,360, the typical annual property tax bill reaches $4,860, exceeding the national median of $2,690. Property taxes in East Hartland 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 Hartland'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 Hartland 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 Hartland, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.73%
Estimate Property Tax Bill
$4,869
Ownwell’s East Hartland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in East Hartland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in East Hartland 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 Hartland, Connecticut
Property taxes in East Hartland, Connecticut, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in East Hartland is 2.73%, significantly higher than both the Connecticut state median and the U.S. national median of 0.99%. Local government entities within East Hartland set these rates annually, which can vary significantly across different neighborhoods. Each year, East Hartland 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 Hartland's effective property tax rate to other areas in Connecticut and the national median. For comparison, the zip code 06027 has the highest median property tax rate of 2.73%, while the same zip code 06027 also has the lowest median tax rate of 2.73%. Understanding how these figures compare with East Hartland 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 Hartland Tax Rate
2.73%
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 Hartland, Connecticut
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
06027 | 2.72% | 2.72% | 2.73% | 2.73% | 2.73% |
Source: Ownwell
Property Tax Assessment Values Across East Hartland, Connecticut
In East Hartland, 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 Hartford County Appraisal District 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 Hartland, 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. 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 Hartland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in the area is $178,360, with median tax bills ranging from $4,030 at the 25th percentile to $7,338 at the 90th percentile. The highest median tax bill in the area is $4,860 in zip code 06027, which also has the lowest median tax bill at the same value.
Property Tax Assessment Values Across East Hartland, Connecticut
Source: Ownwell
$24,328
$180,489
$336,650
Average East Hartland Assessed Value
$178,360
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 Hartland, Connecticut
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
06027 | $126,900 | $147,915 | $178,360 | $221,785 | $269,290 |
Source: Ownwell
Property Tax Bills Across East Hartland, Connecticut
In East Hartland, Hartford County, CT, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. For example, with a median home price of $178,360, homeowners can expect varying tax bills depending on the precise assessed value and applicable exemptions. Factors such as property size, location, and any improvements made to the property can influence the assessed value. The tax bill for the 25th percentile is around $4,030, while it rises to $6,044 for the 75th percentile, and up to $7,338 for the 90th percentile. These figures illustrate the range homeowners might experience, reflecting differences in property characteristics and assessed values. Compared to the national median property tax rate of 0.99%, the rates in East Hartland can result in higher tax bills, impacting homeowners' annual expenses significantly. This makes understanding local tax assessment practices crucial for financial planning.
Average East Hartland Tax Bill
$4,860
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 Hartland, Connecticut
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
06027 | $3,458 | $4,030 | $4,860 | $6,044 | $7,338 |
Source: Ownwell