Norwalk, Fairfield County, Connecticut Property Taxes

Name: Property Tax Bills Across Norwalk, Fairfield County, Connecticut
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Norwalk, CT effective property tax rate: 2.51%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Norwalk, CT home value: $276,200
Median annual Norwalk, CT tax bill: $6,936, $4,536 higher than the national median property tax bill of $2,400.

How are property taxes in Fairfield calculated?

Property taxes in Norwalk, CT are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Norwalk’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Norwalk, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Norwalk, Fairfield County, Connecticut Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.51%

Estimate Property Tax Bill

$6,933

$6,433

Ownwell’s Norwalk Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Norwalk with just two data points.

By entering your property's estimated assessed value, our calculator applies Norwalk’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Fairfield County — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Fairfield County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Norwalk, Fairfield County, Connecticut

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its 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, this is the annual process.

Norwalk in Fairfield County, Connecticut, has an effective property tax rate of 2.51%, which is notably higher than the national median property tax rate of 1.02%. Within Norwalk, the highest median tax rate is found in the 06851 zip code, while the lowest is in the 06853 zip code. This variation highlights how property tax rates can differ even within a single city. Compared to other cities in Connecticut, Norwalk's rate stands out, reflecting the broader trend in the state, which often sees higher property tax rates than the national average. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Norwalk, Fairfield County, Connecticut

Source: Ownwell

1.16%

2.75%

4.35%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Norwalk Tax Rate

2.51%

Median Effective Fairfield County Tax Rate

2.52%

Median Effective Connecticut Tax Rate

3.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Norwalk, Fairfield County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
06850	2.49%	2.50%	2.50%	2.52%	2.52%
06851	2.50%	2.50%	2.51%	2.52%	2.52%
06853	2.39%	2.39%	2.39%	2.39%	2.39%
06854	2.49%	2.50%	2.51%	2.52%	2.52%
06855	2.49%	2.51%	2.51%	2.51%	2.51%

Source: Ownwell

Property Tax Assessment Values Across Norwalk, Fairfield County, Connecticut

When examining property taxes in Norwalk, CT, 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 location, property condition, and economic market trends. The Fairfield County appraisal district estimates the market value for tax purposes. The assessed value is 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.

In Fairfield County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Norwalk.

For example, the median home price in Norwalk is $276,200, with tax bills ranging significantly across the county. Zip code 06853 has the highest median home price at $799,534.

Property Tax Assessment Values Across Norwalk, Fairfield County, Connecticut

Source: Ownwell

$133,910

$628,705

$1,123,500

Median Norwalk Market Value

$276,200

Median Fairfield County Market Value

$310,800

Median Connecticut Market Value

$189,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Norwalk, Fairfield County, Connecticut

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
06850	$132,614	$203,870	$267,360	$367,870	$484,487
06851	$159,370	$229,210	$281,970	$341,760	$422,104
06853	$444,939	$580,048	$799,534	$1,132,952	$1,650,229
06854	$130,590	$178,642	$238,895	$305,932	$413,182
06855	$186,880	$246,402	$307,830	$407,152	$577,907

Source: Ownwell

Property Tax Bills Across Norwalk, Fairfield County, Connecticut

In Norwalk, property tax bills are calculated based on the assessed value of a property, which is determined by the city's tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Fairfield County, where Norwalk is located, property taxes can be substantial, with the median tax bill significantly exceeding the national median of $2,400. Homeowners in Norwalk face a median home price of $276,200, with tax bills ranging widely. For instance, the 25th percentile tax bill is $5,363, while the 75th percentile reaches $9,200, and the 90th percentile climbs to $13,172. These figures indicate a considerable financial burden for homeowners, especially when compared to the national median property tax rate of 1.02%. Ownwell can assist homeowners by providing expert property tax appeal services, potentially reducing these high tax bills. By leveraging their knowledge of local tax laws and assessment procedures, Ownwell helps homeowners navigate the appeals process, ensuring they pay only their fair share.

Property Tax Bills Across Norwalk, Fairfield County, Connecticut

Source: Ownwell

$4,549

$11,839

$19,128

Median Norwalk Tax Bill

$6,936

Median Fairfield County Tax Bill

$8,346

Median Connecticut Tax Bill

$6,162

Median United States Tax Bill

$2,400

Property Tax Bills Across Norwalk, Fairfield County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
06850	$3,310	$5,119	$6,724	$9,225	$12,110
06851	$3,982	$5,748	$7,080	$8,567	$10,584
06853	$10,695	$13,879	$19,128	$27,106	$39,481
06854	$3,258	$4,490	$6,003	$7,686	$10,375
06855	$4,651	$6,181	$7,718	$10,213	$14,498

Source: Ownwell