Fairfield County Property Taxes
The median property tax rate in Fairfield County is 2.52%, which is significantly higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With the median home value in Fairfield County at $310,800, the typical annual property tax bill reaches $8,346, far exceeding the national median of $2,690. Property taxes in Fairfield County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Fairfield County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Bridgeport or another part of Fairfield County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Fairfield County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.52%
Estimate Property Tax Bill
$7,832
Ownwell’s Fairfield Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Fairfield with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Fairfield to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a 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 Fairfield County, Connecticut
Property taxes in Fairfield play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Fairfield is 2.52%, which is higher than the U.S. national median of 0.99%. Local government entities within Fairfield set these rates annually, and they can vary significantly between different areas within the county. Each year, Fairfield estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Fairfield's effective property tax rate with other cities in the region. For comparison, the city of Bridgeport has one of the higher property tax rates in the region at 4.35%, while the city of Port Chester boasts one of the lowest at 1.14%. Analyzing how Fairfield's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Fairfield County Tax Rate
2.52%
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Fairfield County, Connecticut
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bethel | 2.84% | 2.84% | 2.84% | 2.84% | 2.84% |
Brewster | 2.45% | 2.62% | 2.91% | 3.20% | 3.37% |
Bridgeport | 4.34% | 4.34% | 4.35% | 4.35% | 4.35% |
Brookfield | 2.69% | 2.69% | 2.69% | 2.69% | 2.69% |
Cos Cob | 1.14% | 1.16% | 1.16% | 1.16% | 1.16% |
Danbury | 2.33% | 2.33% | 2.33% | 2.33% | 2.33% |
Darien | 1.76% | 1.76% | 1.76% | 1.76% | 1.76% |
Easton | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% |
Fairfield | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% |
Greenwich | 1.14% | 1.14% | 1.16% | 1.16% | 1.16% |
Monroe | 3.75% | 3.75% | 3.76% | 3.76% | 3.76% |
New Canaan | 1.89% | 1.89% | 1.89% | 1.89% | 1.89% |
New Fairfield | 3.49% | 3.49% | 3.49% | 3.49% | 3.49% |
Newtown | 2.62% | 2.62% | 2.62% | 2.62% | 2.62% |
Norwalk | 2.49% | 2.50% | 2.51% | 2.52% | 2.52% |
Old Greenwich | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
Port Chester | 1.14% | 1.14% | 1.14% | 1.14% | 1.14% |
Redding | 2.77% | 2.77% | 2.77% | 2.77% | 2.77% |
Ridgefield | 2.58% | 2.58% | 2.58% | 2.58% | 2.58% |
Riverside | 1.16% | 1.16% | 1.16% | 1.16% | 1.16% |
Sandy Hook | 2.62% | 2.62% | 2.62% | 2.62% | 2.62% |
Shelton | 1.75% | 1.75% | 1.75% | 1.75% | 1.75% |
Sherman | 1.78% | 1.78% | 1.78% | 1.78% | 1.78% |
Southport | 2.75% | 2.75% | 2.75% | 2.75% | 2.75% |
Stamford | 2.45% | 2.49% | 2.49% | 2.52% | 2.52% |
Stevenson | 3.76% | 3.76% | 3.76% | 3.76% | 3.76% |
Stratford | 4.02% | 4.02% | 4.02% | 4.02% | 4.02% |
Trumbull | 3.46% | 3.46% | 3.48% | 3.48% | 3.48% |
Weston | 3.31% | 3.31% | 3.31% | 3.31% | 3.31% |
Westport | 1.83% | 1.83% | 1.84% | 1.84% | 1.84% |
Wilton | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across Fairfield County, Connecticut
In Fairfield County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Fairfield County Appraisal District. The assessed value, however, 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 in Fairfield County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, New Canaan has the highest median tax bill at $16,639, while Port Chester has the lowest at $505. Being aware of these valuation processes in Fairfield County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Fairfield County, Connecticut
Source: Ownwell
$44,380
$583,940
$1,123,500
Average Fairfield County Assessed Value
$310,800
Average Connecticut Assessed Value
$189,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Fairfield County, Connecticut
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bethel | $177,107 | $226,380 | $280,630 | $351,978 | $427,896 |
Brewster | $145,979 | $147,748 | $150,695 | $153,642 | $155,411 |
Bridgeport | $62,070 | $112,020 | $149,030 | $177,740 | $211,119 |
Brookfield | $140,566 | $228,058 | $279,795 | $356,562 | $469,351 |
Cos Cob | $462,910 | $575,855 | $705,460 | $984,952 | $1,356,530 |
Danbury | $119,980 | $189,350 | $251,020 | $309,610 | $398,790 |
Darien | $469,210 | $603,330 | $884,170 | $1,331,260 | $1,994,916 |
Easton | $323,050 | $368,900 | $443,975 | $564,375 | $705,425 |
Fairfield | $231,980 | $299,810 | $375,200 | $511,210 | $714,945 |
Greenwich | $422,310 | $532,070 | $948,360 | $1,914,290 | $3,372,250 |
Monroe | $153,040 | $193,700 | $242,900 | $300,400 | $369,260 |
New Canaan | $470,820 | $628,652 | $878,255 | $1,263,640 | $1,769,068 |
New Fairfield | $142,380 | $178,200 | $222,200 | $288,900 | $388,540 |
Newtown | $249,580 | $289,278 | $354,680 | $454,385 | $583,816 |
Norwalk | $145,090 | $213,970 | $276,200 | $367,190 | $529,838 |
Old Greenwich | $346,990 | $646,730 | $1,007,580 | $1,565,410 | $2,262,680 |
Port Chester | $44,380 | $44,380 | $44,380 | $44,380 | $44,380 |
Redding | $307,340 | $369,900 | $445,900 | $577,700 | $757,760 |
Ridgefield | $232,680 | $356,738 | $466,410 | $623,630 | $865,907 |
Riverside | $568,792 | $680,960 | $1,123,500 | $1,723,785 | $2,503,186 |
Sandy Hook | $212,728 | $257,732 | $331,000 | $421,978 | $505,283 |
Shelton | $161,091 | $212,590 | $266,070 | $325,482 | $403,690 |
Sherman | $178,910 | $227,575 | $299,400 | $404,675 | $588,750 |
Southport | $253,470 | $354,935 | $570,150 | $761,670 | $1,165,906 |
Stamford | $151,050 | $266,400 | $401,960 | $529,005 | $688,706 |
Stevenson | $145,800 | $145,800 | $145,800 | $145,800 | $145,800 |
Stratford | $109,200 | $137,550 | $167,230 | $199,780 | $243,390 |
Trumbull | $225,120 | $251,370 | $288,470 | $344,190 | $408,198 |
Weston | $328,614 | $386,895 | $496,630 | $671,065 | $943,400 |
Westport | $383,900 | $514,550 | $737,000 | $1,130,050 | $1,654,800 |
Wilton | $317,534 | $396,620 | $485,450 | $623,630 | $820,120 |
Source: Ownwell
Property Tax Bills Across Fairfield County, Connecticut
In Fairfield County, CT, property tax bills are determined using a combination of the assessed value of the property and the county's tax rate. The assessed value is typically a percentage of the property's market value, which is determined by local assessors. The tax rate is applied to this assessed value to calculate the annual tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions. For example, in Fairfield County, the median home price is $310,800. Homeowners in the 25th percentile can expect a tax bill around $5,935, while those in the 75th percentile may see bills as high as $12,103. At the 90th percentile, tax bills can reach up to $18,183, reflecting the significant variation in property values and tax burdens within the county. Comparatively, Fairfield County's property tax rates are higher than the national median of 0.99%, impacting homeowners by requiring a larger portion of their income to cover these costs. This can influence decisions on homeownership and property investments in the region.
Average Fairfield County Tax Bill
$8,346
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across Fairfield County, Connecticut
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Bethel | $5,035 | $6,436 | $7,978 | $10,006 | $12,169 |
Brewster | $3,793 | $4,003 | $4,354 | $4,704 | $4,914 |
Bridgeport | $2,697 | $4,867 | $6,475 | $7,723 | $9,173 |
Brookfield | $3,776 | $6,114 | $7,506 | $9,569 | $12,604 |
Cos Cob | $5,386 | $6,708 | $8,202 | $11,382 | $15,677 |
Danbury | $2,799 | $4,419 | $5,856 | $7,223 | $9,304 |
Darien | $8,264 | $10,630 | $15,570 | $23,444 | $35,132 |
Easton | $9,357 | $10,690 | $12,852 | $16,344 | $20,429 |
Fairfield | $6,385 | $8,248 | $10,322 | $14,066 | $19,668 |
Greenwich | $4,912 | $6,190 | $11,060 | $22,166 | $38,792 |
Monroe | $5,749 | $7,273 | $9,121 | $11,275 | $13,866 |
New Canaan | $8,917 | $11,914 | $16,639 | $23,934 | $33,506 |
New Fairfield | $4,966 | $6,219 | $7,755 | $10,083 | $13,560 |
Newtown | $6,553 | $7,591 | $9,307 | $11,926 | $15,324 |
Norwalk | $3,622 | $5,363 | $6,936 | $9,200 | $13,172 |
Old Greenwich | $4,037 | $7,524 | $11,724 | $18,215 | $26,329 |
Port Chester | $505 | $505 | $505 | $505 | $505 |
Redding | $8,510 | $10,245 | $12,347 | $15,997 | $20,982 |
Ridgefield | $6,005 | $9,208 | $12,038 | $16,101 | $22,349 |
Riverside | $6,619 | $7,924 | $13,073 | $20,041 | $29,072 |
Sandy Hook | $5,586 | $6,765 | $8,686 | $11,073 | $13,259 |
Shelton | $2,815 | $3,714 | $4,648 | $5,686 | $7,057 |
Sherman | $3,212 | $4,079 | $5,374 | $7,260 | $10,514 |
Southport | $6,973 | $9,764 | $15,685 | $20,954 | $32,074 |
Stamford | $3,800 | $6,697 | $10,051 | $13,131 | $17,017 |
Stevenson | $5,475 | $5,475 | $5,475 | $5,475 | $5,475 |
Stratford | $4,390 | $5,530 | $6,720 | $8,030 | $9,780 |
Trumbull | $7,807 | $8,710 | $9,999 | $11,951 | $14,171 |
Weston | $10,864 | $12,791 | $16,404 | $22,088 | $31,059 |
Westport | $7,116 | $9,509 | $13,586 | $20,779 | $30,391 |
Wilton | $9,288 | $11,603 | $14,202 | $18,229 | $23,988 |
Source: Ownwell