Darien, Connecticut Property Taxes
The median property tax rate in Darien, CT is 1.76%, considerably higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With the median home value in Darien at $884,170, the typical annual property tax bill reaches $15,570, exceeding the national median of $2,690. Property taxes in Darien 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 Darien'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 Darien 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
Darien, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.76%
Estimate Property Tax Bill
$15,561
Ownwell’s Darien Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Darien with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Darien 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 Darien, Connecticut
Property taxes in Darien, Connecticut, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Darien is 1.76%, significantly higher than the U.S. national median of 0.99%. Local government entities within Darien set these rates annually, and they can vary across different neighborhoods. Each year, Darien 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 Darien's effective property tax rate to other areas in Fairfield County and the national median. For comparison, the zip code 06820 has both the highest and lowest median property tax rate of 1.76%, illustrating the uniformity within Darien. Understanding how these figures compare with Darien provides valuable insights into the varying tax landscape across Fairfield County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Darien Tax Rate
1.76%
Average Fairfield County Tax Rate
2.52%
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Darien, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06820 | 1.76% | 1.76% | 1.76% | 1.76% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Darien, Connecticut
In Darien, 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 Fairfield 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 Darien, 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 Darien helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Darien is $884,170, with the highest and lowest median tax bills both being $15,570 in the 06820 zip code.
Average Darien Assessed Value
$884,170
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 Darien, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06820 | $469,210 | $603,330 | $884,170 | $1,331,260 | $1,994,916 |
Source: Ownwell
Property Tax Bills Across Darien, Connecticut
In Darien, Fairfield County, CT, property tax bills are calculated based on the assessed value of the property, which is a percentage of its market value. The tax rate, known as the mill rate, is applied to the assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's location, size, and condition. For example, in Darien, the median home price is $884,170, leading to a significant tax burden for homeowners. The median property tax bill in the area is notably higher than the national median property tax rate of 0.99%. Homeowners in Darien experience a wide range of tax bills, with the 25th percentile paying around $10,630 and the 75th percentile facing bills up to $23,444. At the 90th percentile, tax bills can soar to $35,132. This significant variation underscores the importance of accurate property assessments and the impact of local tax rates on homeowners' financial responsibilities.
Average Darien Tax Bill
$15,570
Average Fairfield County Tax Bill
$8,346
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across Darien, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06820 | $8,264 | $10,630 | $15,570 | $23,444 | $35,132 |
Source: Ownwell