Property Taxes in Connecticut
The median Connecticut property tax rate is 3.14%, significantly higher than the national median of 0.99%. The median Connecticut home value is $189,900, meaning the median Connecticut property tax bill is $6,162 a year. Compared to the national median annual property tax bill of $2,086, that is much higher. Property taxes in Connecticut are calculated based on the tax assessed value, which typically falls below the actual market value as a result of property tax exemptions, such as the primary residence or agriculture exemption. Understanding your county's specific property tax system, exploring property tax exemptions, and recognizing opportunities for property tax reductions can lead to significant annual tax savings. Whether you're in Hartford, New Haven, Stamford, or any other Connecticut locale, familiarizing yourself with the property taxes in your location can benefit homeowners and investors alike.
Last Updated June 14, 2024
Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.14%
Estimate Property Tax Bill
$5,963
$5,533
Ownwell’s Connecticut Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Connecticut with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Connecticut to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a county or city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Connecticut
Property taxes in Connecticut fund essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Connecticut is 3.14% compared to the national median property tax rate of 0.99%. The tax rate is set by local government entities, and it can vary widely between different areas within the state. Put simply, each county estimates its required budget to provide services for the upcoming year, and then divides that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell that is the process followed each year. Compare a Connecticut county’s effective property tax rate to other counties in the state or the US median property tax rate below. Hartford County has the highest property tax rate in Connecticut at 3.54%. Fairfield County has the lowest property tax rate in Connecticut at 2.52%.
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Connecticut
| County | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fairfield | 1.75% | 2.33% | 2.52% | 3.46% | 4.34% |
| Hartford | 2.96% | 3.10% | 3.54% | 3.99% | 4.25% |
| Litchfield | 1.47% | 2.64% | 2.91% | 3.69% | 4.80% |
| Middlesex | 2.13% | 2.57% | 2.98% | 3.39% | 3.51% |
| New Haven | 2.62% | 2.95% | 3.48% | 4.48% | 5.42% |
| New London | 2.12% | 2.35% | 2.72% | 2.90% | 4.18% |
| Tolland | 2.83% | 3.17% | 3.34% | 3.43% | 3.73% |
| Windham | 2.22% | 2.30% | 2.75% | 3.18% | 3.88% |
Source: Ownwell
Property Tax Assessment Values Across Connecticut
When examining property taxes in Connecticut, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by factors such as location, property condition, and economic market trends. Market value is estimated by each Connecticut county assessor for tax purposes. The assessed value is then the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes, or the amount multiplied by your tax rate to get your tax bill. Assessment notices in Connecticut are sent in the spring each year. They should reach your mailbox typically by the end of April. Each property owner receives an assessment notice that contains both the market value and assessed value along with an estimate of your property tax bill. By providing insights into how assessed values and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Connecticut. Fairfield County has the highest median tax bill at $8,346, while Windham County has the lowest median tax bill at $4,074.
Average Connecticut Assessed Value
$189,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Connecticut
| County | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fairfield | $139,440 | $202,860 | $310,800 | $496,000 | $857,100 |
| Hartford | $79,800 | $125,090 | $166,460 | $227,590 | $310,240 |
| Litchfield | $83,650 | $115,500 | $166,200 | $244,740 | $372,890 |
| Middlesex | $117,530 | $153,100 | $200,100 | $265,830 | $349,300 |
| New Haven | $98,200 | $131,740 | $174,720 | $236,250 | $319,400 |
| New London | $83,915 | $125,000 | $177,100 | $246,610 | $355,100 |
| Tolland | $95,060 | $128,395 | $164,900 | $214,332 | $275,170 |
| Windham | $80,215 | $107,935 | $144,900 | $192,990 | $249,875 |
Source: Ownwell
Property Tax Bills Across Connecticut
In Connecticut, property tax bills are calculated based on the assessed value of a property, which is typically 70% of its market value. The local mill rate, which varies by municipality, is then applied to this assessed value to determine the tax bill. For example, if a home has a market value of $189,900, its assessed value would be $132,930. If the local mill rate is 30 mills, the property tax bill would be $3,988. Several factors influence the final tax bill, including the property's location and any applicable exemptions. In Fairfield County, homeowners face the highest median tax bill at $8,346, while those in Windham County see the lowest at $4,074. The tax burden can significantly impact homeowners, with tax bills ranging from $4,549 at the 25th percentile to $12,130 at the 90th percentile. Compared to the national median property tax rate of 0.99%, Connecticut's rates are relatively high, reflecting the state's reliance on property taxes to fund local services.
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across Connecticut
| County | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Fairfield | $4,086 | $5,935 | $8,346 | $12,103 | $18,183 |
| Hartford | $3,137 | $4,549 | $5,898 | $7,842 | $10,508 |
| Litchfield | $2,762 | $3,892 | $5,031 | $6,756 | $9,170 |
| Middlesex | $3,409 | $4,525 | $5,804 | $7,702 | $10,024 |
| New Haven | $3,607 | $4,907 | $6,350 | $8,231 | $10,617 |
| New London | $2,811 | $3,691 | $4,738 | $6,338 | $8,543 |
| Tolland | $3,168 | $4,273 | $5,464 | $7,125 | $9,235 |
| Windham | $2,467 | $3,261 | $4,074 | $5,186 | $6,562 |
Source: Ownwell