East Berlin, Connecticut Property Taxes
The median property tax rate in East Berlin, CT is 3.00%, considerably higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With the median home value in East Berlin, the typical annual property tax bill reaches $4,965, exceeding the national median of $2,690. Property taxes in East Berlin 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 East Berlin'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 East Berlin 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
East Berlin, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3%
Estimate Property Tax Bill
$4,958
Ownwell’s EAST BERLIN Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in EAST BERLIN with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in EAST BERLIN 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 East Berlin, Connecticut
Property taxes in East Berlin, Connecticut, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in East Berlin is 3.00%, significantly higher than both the Connecticut state median and the U.S. national median of 0.99%. Local government entities within East Berlin set these rates annually, and they can vary significantly across different neighborhoods. Each year, East Berlin 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 East Berlin's effective property tax rate to other counties in Connecticut and the national median. For comparison, the ZIP code 06023 has the highest median property tax rate of 3.00%, while the same ZIP code also has the lowest median tax rate of 3.00%. Understanding how these cities compare with East Berlin provides valuable insights into the varying tax landscape across Middlesex County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average East Berlin Tax Rate
3.00%
Average Middlesex County Tax Rate
2.98%
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across East Berlin, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06023 | 3.00% | 3.00% | 3.00% | 3.00% | 3.00% |
Source: Ownwell
Property Tax Assessment Values Across East Berlin, Connecticut
In East Berlin, 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 Middlesex 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 East Berlin, 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. The median home price in East Berlin is $165,250, and tax bills can vary widely. For instance, the 25th percentile tax bill is $4,413, while the 75th percentile tax bill is $6,578, and the 90th percentile tax bill is $7,258. 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 highest and lowest median tax bills are both $4,965, found in the zip code 06023. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across East Berlin, Connecticut
Source: Ownwell
$152,250
$270,445
$388,640
Average East Berlin Assessed Value
$165,250
Average Middlesex County Assessed Value
$200,100
Average Connecticut Assessed Value
$189,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across East Berlin, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06023 | $136,908 | $146,880 | $165,250 | $218,940 | $241,566 |
Source: Ownwell
Property Tax Bills Across East Berlin, Connecticut
In East Berlin, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the city's assessor and is a percentage of the property's market value. Once the assessed value is established, it is multiplied by the local tax rate to determine the annual tax bill. Several factors influence the property tax bill, including the property's location, size, and condition. For example, homes in zip code 06023 have a median tax bill of $4,965, which is significantly higher than the national median property tax rate of 0.99%. Homeowners in East Berlin can expect to pay between $4,413 at the 25th percentile and $7,258 at the 90th percentile, depending on the assessed value of their property. These property taxes fund essential community services such as schools, roads, and emergency services, directly impacting the quality of life for residents. Understanding how these taxes are calculated can help homeowners better anticipate their financial obligations and plan accordingly.
Average East Berlin Tax Bill
$4,965
Average Middlesex County Tax Bill
$5,804
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across East Berlin, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06023 | $4,114 | $4,413 | $4,965 | $6,578 | $7,258 |
Source: Ownwell