West Haven, Connecticut Property Taxes
The median property tax rate in West Haven, CT is 4.64%, considerably higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With the median home value in West Haven, the typical annual property tax bill reaches $6,267, exceeding the national median of $2,690. Property taxes in West Haven 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 West Haven'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 West Haven 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
West Haven, 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 West Haven Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Haven with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Haven 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 West Haven, Connecticut
Property taxes in West Haven, Connecticut, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Haven is 4.64%, significantly higher than both the Connecticut state median and the U.S. national median of 0.99%. Local government entities within West Haven set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Haven 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 West Haven's effective property tax rate to other counties in Connecticut and the national median. For comparison, the 06516 zip code has the highest median property tax rate of 4.64%, while the same zip code also has the lowest median tax rate of 4.64%. Understanding how these cities compare with West Haven provides valuable insights into the varying tax landscape across New Haven County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Haven Tax Rate
4.64%
Average New Haven County Tax Rate
3.48%
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Haven, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06516 | 4.51% | 4.51% | 4.64% | 4.65% | 4.65% |
Source: Ownwell
Property Tax Assessment Values Across West Haven, Connecticut
In West Haven, 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 New Haven 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 West Haven, 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. For instance, the median home price in West Haven is $136,570, with tax bills ranging from $5,300 to $8,827. The highest and lowest median tax bills both occur in the 06516 zip code, with a value of $6,267. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average West Haven Assessed Value
$136,570
Average New Haven County Assessed Value
$174,720
Average Connecticut Assessed Value
$189,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Haven, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06516 | $72,170 | $114,800 | $136,570 | $163,642 | $192,570 |
Source: Ownwell
Property Tax Bills Across West Haven, Connecticut
Property tax bills in West Haven, CT, are calculated based on the assessed value of a property, which is typically a percentage of its market value. The local tax rate, also known as the mill rate, is applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including property type, location, and any applicable exemptions or abatements. For homeowners in West Haven, the median home price is $136,570. Tax bills vary significantly, with the 25th percentile at $5,300 and the 75th percentile at $7,532. The 90th percentile reaches up to $8,827, reflecting higher-value properties or those without exemptions. The highest and lowest median tax bills in the area are both $6,267, indicating a consistent tax rate across different properties. When compared to the national median property tax rate of 0.99%, West Haven's tax bills are notably higher, impacting homeowners by increasing their annual financial obligations. This higher tax rate can affect housing affordability and the overall cost of living in the area.
Average West Haven Tax Bill
$6,267
Average New Haven County Tax Bill
$6,350
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across West Haven, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06516 | $3,357 | $5,300 | $6,267 | $7,532 | $8,827 |
Source: Ownwell