Colebrook, Litchfield County, Connecticut Property Taxes
Median Colebrook, CT effective property tax rate: 3.32%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Colebrook, CT home value: $164,700
Median annual Colebrook, CT tax bill: $5,468, $3,068 higher than the national median property tax bill of $2,400.
How are property taxes in Litchfield calculated?
Property taxes in Colebrook, 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 Colebrook’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Colebrook, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Colebrook, Litchfield County, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.32%
Estimate Property Tax Bill
$5,468
$5,074
Property Tax Rates Across Colebrook, Litchfield County, Connecticut
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county annually estimating its required budget to provide services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Colebrook, located in Litchfield County, the effective property tax rate stands out when compared to other cities in Connecticut and the national average. With a median property tax rate of 3.32%, Colebrook's rate significantly exceeds the national median of 1.02%. This is indicative of the higher property tax burden in Connecticut compared to many other states. The property tax bill in Colebrook also reflects this, being notably higher than the national median of $2400. This comparison highlights the importance for property owners in Colebrook to explore property tax appeal and exemption services to potentially reduce their tax burden.
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 Colebrook Tax Rate
3.32%
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 Litchfield County Tax Rate
2.91%
Median Effective Connecticut Tax Rate
3.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Colebrook, Litchfield County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06021 | 3.32% | 3.32% | 3.32% | 3.32% | 3.32% |
Source: Ownwell
Property Tax Assessment Values Across Colebrook, Litchfield County, Connecticut
When examining property taxes in Colebrook, 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 location, property condition, and economic market trends. The Litchfield 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 Litchfield 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 Colebrook.
For example, the median home price in Colebrook is $164,700, with tax bills ranging significantly across the county. Zip code 06021 has the highest median home price at $164,700.
Property Tax Assessment Values Across Colebrook, Litchfield County, Connecticut
Source: Ownwell
$93,590
$292,898
$492,205
Median Colebrook Market Value
$164,700
Median Litchfield County Market Value
$166,200
Median Connecticut Market Value
$189,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Colebrook, Litchfield County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06021 | $91,152 | $124,100 | $164,700 | $223,900 | $307,400 |
Source: Ownwell
Property Tax Bills Across Colebrook, Litchfield County, Connecticut
In Colebrook, property tax bills are calculated by assessing the market value of a home and then applying the local tax rate. With a median home price of $164,700, homeowners in Colebrook face a property tax bill significantly higher than the national median of $2,400, with the 25th percentile at $4,105 and the 75th percentile reaching $7,434. Factors influencing these taxes include the assessed value of the property and the local tax rate set by Litchfield County. Such high tax bills can place a substantial financial burden on homeowners, impacting their overall cost of living.
Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing the tax burden. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell helps homeowners achieve a fair tax bill. This service can result in significant savings, providing financial relief and peace of mind. Homeowners can benefit from expert guidance, ensuring they are not overpaying on their property taxes.
Property Tax Bills Across Colebrook, Litchfield County, Connecticut
Source: Ownwell
$3,418
$4,955
$6,492
Median Colebrook Tax Bill
$5,468
Median Litchfield County Tax Bill
$5,031
Median Connecticut Tax Bill
$6,162
Median United States Tax Bill
$2,400
Property Tax Bills Across Colebrook, Litchfield County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06021 | $3,027 | $4,105 | $5,468 | $7,434 | $10,206 |
Source: Ownwell