Wallingford, New Haven County, Connecticut Property Taxes
Median Wallingford, CT effective property tax rate: 2.93%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Wallingford, CT home value: $180,700
Median annual Wallingford, CT tax bill: $5,305, $2,905 higher than the national median property tax bill of $2,400.
How are property taxes in New Haven calculated?
Property taxes in Wallingford, 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 Wallingford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wallingford, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wallingford, New Haven County, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.93%
Estimate Property Tax Bill
$5,295
$4,913
Property Tax Rates Across Wallingford, New Haven County, Connecticut
Local government entities are responsible for setting property tax rates, which can vary significantly within Connecticut. Each county, including New Haven, estimates its budget needs annually to provide essential services. This budget is then divided by the total assessed value of all taxable properties within the county, resulting in the property tax rate. Although the process involves votes and laws, this annual calculation is the core method for determining tax rates.
Wallingford, located in New Haven County, has an effective property tax rate that reflects these calculations. When compared to other cities in Connecticut, Wallingford's rate aligns with the state's median property tax rate. However, it is notably higher than the national median property tax rate of 1.02%. This difference highlights the variability in property tax rates across the country and emphasizes the importance of understanding local tax obligations. By being informed about how these rates are determined, property owners in Wallingford and beyond can better navigate their financial responsibilities and explore potential savings through appeals or exemptions.
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 Wallingford Tax Rate
2.93%
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 New Haven County Tax Rate
3.48%
Median Effective Connecticut Tax Rate
3.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wallingford, New Haven County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06492 | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across Wallingford, New Haven County, Connecticut
When examining property taxes in Wallingford, 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 New Haven 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 New Haven County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Wallingford. For example, the median home price in Wallingford is $180,700, with tax bills ranging significantly across the county. Zip code 06492 has the highest median home price at $180,700.
Property Tax Assessment Values Across Wallingford, New Haven County, Connecticut
Source: Ownwell
$98,700
$214,498
$330,295
Median Wallingford Market Value
$180,700
Median New Haven County Market Value
$174,720
Median Connecticut Market Value
$189,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wallingford, New Haven County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06492 | $109,300 | $144,600 | $180,700 | $229,000 | $285,700 |
Source: Ownwell
Property Tax Bills Across Wallingford, New Haven County, Connecticut
Property tax bills in Wallingford, New Haven County, Connecticut, are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Homeowners in Wallingford face a median property tax bill of $5,305, significantly higher than the national median of $2,400, reflecting the region's higher property values and tax rates. Factors such as property location, size, and improvements can influence the assessed value, impacting the overall tax bill. Homeowners in this area can experience tax bills ranging from $4,243 at the 25th percentile to $8,386 at the 90th percentile.
Ownwell assists homeowners by providing property tax appeal services, potentially reducing their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can challenge overvaluations, ensuring homeowners are not overpaying. This service is particularly beneficial in high-tax areas like Wallingford, where even a small reduction can lead to substantial savings.
Property Tax Bills Across Wallingford, New Haven County, Connecticut
Source: Ownwell
$4,651
$8,224
$11,796
Median Wallingford Tax Bill
$5,305
Median New Haven County Tax Bill
$6,350
Median Connecticut Tax Bill
$6,162
Median United States Tax Bill
$2,400
Property Tax Bills Across Wallingford, New Haven County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06492 | $3,207 | $4,243 | $5,305 | $6,719 | $8,386 |
Source: Ownwell