Burlington, Connecticut Property Taxes
The median property tax rate in Burlington, CT is 3.22%, considerably higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With the median home value in Burlington at $212,590, the typical annual property tax bill reaches $6,844, exceeding the national median of $2,690. Property taxes in Burlington 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 Burlington'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 Burlington 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
Burlington, Connecticut Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
3.14%
Estimate Property Tax Bill
$6,280
Ownwell’s Burlington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Burlington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Burlington 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 Burlington, Connecticut
Property taxes in Burlington, Connecticut, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Burlington is 3.22%, significantly higher than both the Connecticut state median and the U.S. national median of 0.99%. Local government entities within Burlington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Burlington 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 Burlington's effective property tax rate to other counties in Connecticut and the national median. For comparison, the 06013 zip code has the highest median property tax rate of 3.22%, while also having the lowest median tax rate of 3.22%. Understanding how these cities compare with Burlington 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 Burlington Tax Rate
3.22%
Average Hartford County Tax Rate
3.54%
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Burlington, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06013 | 3.22% | 3.22% | 3.22% | 3.22% | 3.22% |
Source: Ownwell
Property Tax Assessment Values Across Burlington, Connecticut
In Burlington, 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 Burlington, 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. The median home price in Burlington is $212,590, with the 25th percentile tax bill at $5,468 and the 75th percentile at $8,823. The highest and lowest median tax bills, both at $6,844, are found in the 06013 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Burlington Assessed Value
$212,590
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 Burlington, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06013 | $141,806 | $169,838 | $212,590 | $274,015 | $338,965 |
Source: Ownwell
Property Tax Bills Across Burlington, Connecticut
Property tax bills in Burlington, Hartford County, CT, are calculated based on the assessed value of a property, which is determined by the local assessor's office. The assessed value is typically a percentage of the property's market value. In Burlington, the median home price is $212,590, and homeowners pay property taxes based on this assessed value. The tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including property size, location, and any applicable exemptions or deductions. For instance, in Burlington, the tax bill for the 25th percentile is $5,468, while the 75th percentile reaches $8,823, and the 90th percentile goes up to $10,915. These figures highlight the variation in tax bills depending on property characteristics and assessed values. Homeowners in Burlington face property tax bills that can significantly impact their annual expenses. Compared to the national median property tax rate of 0.99%, Burlington's property tax rate can result in higher annual costs, emphasizing the importance of understanding local tax assessments and potential exemptions.
Average Burlington Tax Bill
$6,844
Average Hartford County Tax Bill
$5,898
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across Burlington, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06013 | $4,566 | $5,468 | $6,844 | $8,823 | $10,915 |
Source: Ownwell