New London County, Connecticut Property Taxes

Name: Property Tax Bills Across New London County, Connecticut
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median New London County effective property tax rate: 2.72%, significantly higher than the national median of 1.02%.
Median New London County home value: $177,100
Median annual New London County tax bill: $4,738, $2,338 higher than the national median property tax bill of $2,400.

How are property taxes in New London County calculated?

Property taxes in New London County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in New London or another part of New London County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

New London County, Connecticut Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.72%

Estimate Property Tax Bill

$4,817

$4,470

Ownwell’s New London County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in New London County with just two data points. By entering your property's estimated assessed value, our calculator applies New London County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in New London County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across New London County, Connecticut

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare New London County's effective property tax rate to other counties in Connecticut or the U.S. median property tax rate.

In New London County, the median property tax rate is notably higher than the national median. This means homeowners in the area may face higher property tax bills compared to the average U.S. homeowner. Within the county, Norwich holds the highest median tax rate, while Pawcatuck offers a more favorable rate. Understanding these differences can help residents make informed decisions about property ownership and budgeting for tax expenses. Whether you're considering an appeal or seeking exemptions, being aware of these local tax trends is crucial for managing your financial commitments effectively.

Property Tax Rates Across New London County, Connecticut

Source: Ownwell

1.91%

3.05%

4.19%

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 London County Tax Rate

2.72%

Median Effective Connecticut Tax Rate

3.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across New London County, Connecticut

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Baltic	2.85%	2.85%	2.85%	2.85%	2.85%
Bozrah	2.25%	2.25%	2.25%	2.25%	2.25%
Colchester	2.72%	2.72%	2.72%	2.72%	2.72%
East Lyme	2.49%	2.49%	2.49%	2.49%	2.49%
Gales Ferry	3.46%	3.46%	3.46%	3.46%	3.46%
Gilman	2.25%	2.25%	2.25%	2.25%	2.25%
Griswold	2.51%	2.51%	2.90%	2.90%	2.90%
Groton	2.36%	2.55%	2.58%	2.72%	2.72%
Jewett City	2.34%	2.34%	2.51%	2.51%	2.90%
Lebanon	2.90%	2.90%	2.90%	2.90%	2.90%
Ledyard	3.46%	3.46%	3.46%	3.46%	3.46%
Lisbon	2.34%	2.34%	2.34%	2.34%	2.34%
Lyme	1.95%	1.95%	1.95%	1.95%	1.95%
Montville	2.78%	2.78%	2.78%	2.78%	2.78%
Mystic	1.91%	1.98%	2.43%	2.45%	2.45%
New London	3.72%	3.72%	3.72%	3.72%	3.72%
Niantic	2.49%	2.49%	2.49%	2.49%	2.49%
Noank	2.36%	2.36%	2.36%	2.36%	2.36%
North Franklin	2.30%	2.30%	2.30%	2.30%	2.30%
North Stonington	2.90%	2.90%	2.90%	2.90%	2.90%
Norwich	4.18%	4.18%	4.19%	4.86%	4.86%
Oakdale	2.78%	2.78%	2.78%	2.78%	2.78%
Old Lyme	1.95%	2.35%	2.35%	2.35%	2.35%
Pawcatuck	1.82%	1.90%	1.91%	1.91%	1.91%
Preston	2.29%	2.29%	2.30%	2.30%	2.30%
Quaker Hill	2.12%	2.12%	2.12%	2.12%	2.12%
Salem	2.88%	2.88%	2.88%	2.88%	2.88%
Stonington	1.79%	1.82%	1.92%	1.97%	1.99%
Taftville	4.18%	4.18%	4.18%	4.19%	4.19%
Uncasville	2.78%	2.78%	2.78%	2.78%	2.78%
Voluntown	2.78%	2.78%	2.78%	2.78%	2.78%
Waterford	2.12%	2.12%	2.12%	2.12%	2.12%
Yantic	4.18%	4.18%	4.18%	4.19%	4.19%
Amston	N/A	N/A	N/A	N/A	N/A
East Haddam	N/A	N/A	N/A	N/A	N/A
Franklin	N/A	N/A	N/A	N/A	N/A
Hanover	N/A	N/A	N/A	N/A	N/A
South Lyme	N/A	N/A	N/A	N/A	N/A
Sprague	N/A	N/A	N/A	N/A	N/A
Versailles	N/A	N/A	N/A	N/A	N/A
Willimantic	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across New London County, Connecticut

When examining property taxes in New London County, 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 London County Assessor's Office 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.

Assessment notices: In New London 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 New London County.

For example, the median tax bill in New London County is $4,950, with tax bills ranging significantly across the county. Noank has the highest median home price at $461,650.

Property Tax Assessment Values Across New London County, Connecticut

Source: Ownwell

$86,800

$274,225

$461,650

Median New London County Market Value

$177,100

Median Connecticut Market Value

$189,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across New London County, Connecticut

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Baltic	$123,672	$147,290	$171,460	$211,700	$256,416
Bozrah	$127,806	$149,660	$183,960	$230,650	$286,111
Colchester	$126,130	$155,875	$196,550	$244,500	$298,640
East Lyme	$176,225	$207,690	$263,830	$345,012	$451,822
Gales Ferry	$109,984	$138,597	$163,730	$199,605	$230,734
Gilman	$140,322	$158,270	$216,230	$256,760	$325,906
Griswold	$93,807	$104,965	$121,380	$147,858	$179,123
Groton	$73,780	$114,800	$165,900	$253,795	$491,862
Jewett City	$78,078	$125,370	$157,740	$207,045	$264,164
Lebanon	$96,215	$125,580	$157,125	$193,842	$232,112
Ledyard	$82,740	$129,360	$159,016	$207,760	$250,117
Lisbon	$116,406	$139,052	$177,400	$209,082	$242,457
Lyme	$73,175	$91,839	$137,000	$218,500	$352,425
Montville	$17,899	$87,518	$124,950	$163,502	$220,969
Mystic	$147,889	$194,950	$272,895	$365,568	$515,431
New London	$61,999	$86,310	$104,580	$130,760	$169,834
Niantic	$145,530	$180,075	$215,390	$277,620	$409,458
Noank	$361,221	$420,805	$461,650	$497,595	$539,021
North Franklin	$112,885	$131,492	$159,035	$197,560	$245,694
North Stonington	$105,105	$136,570	$173,285	$220,028	$270,473
Norwich	$54,300	$76,000	$94,100	$116,000	$152,290
Oakdale	$114,520	$134,295	$162,120	$222,565	$267,400
Old Lyme	$153,590	$194,125	$246,500	$335,100	$498,070
Pawcatuck	$170,420	$198,200	$242,300	$325,600	$438,760
Preston	$139,013	$165,392	$206,605	$266,682	$323,904
Quaker Hill	$146,543	$167,332	$199,910	$244,630	$311,216
Salem	$115,300	$157,400	$199,000	$253,600	$319,020
Stonington	$191,090	$268,125	$391,300	$572,600	$911,650
Taftville	$68,700	$77,800	$86,800	$99,800	$118,060
Uncasville	$83,748	$122,010	$141,120	$169,662	$210,819
Voluntown	$95,153	$117,808	$154,015	$193,625	$240,958
Waterford	$132,430	$163,150	$210,830	$276,170	$394,680
Yantic	$66,000	$79,400	$108,200	$127,300	$158,480
Amston	N/A	N/A	N/A	N/A	N/A
East Haddam	N/A	N/A	N/A	N/A	N/A
Franklin	N/A	N/A	N/A	N/A	N/A
Hanover	N/A	N/A	N/A	N/A	N/A
South Lyme	N/A	N/A	N/A	N/A	N/A
Sprague	N/A	N/A	N/A	N/A	N/A
Versailles	N/A	N/A	N/A	N/A	N/A
Willimantic	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across New London County, Connecticut

In New London County, CT, property tax bills are determined by assessing the property's value and applying the local tax rate. The assessed value is typically a percentage of the market value, and the tax rate is expressed as a mill rate, which is the amount per $1,000 of assessed value. Homeowners in New London County face varying tax bills, with the 25th percentile at $3,691 and the 75th percentile reaching $6,338. The 90th percentile tax bill can go as high as $8,543, revealing a significant range within the county. The highest median tax bill in the area is found in Noank, at $10,900, while Lyme boasts the lowest at $2,672. These figures highlight the impact of location and property value on tax obligations. Compared to the national median property tax bill of $2,400, New London County's tax bills are considerably higher, reflecting the region's property values and local tax policies. Homeowners must consider these factors when budgeting for their annual expenses.

Property Tax Bills Across New London County, Connecticut

Source: Ownwell

$2,672

$6,786

$10,900

Median New London County Tax Bill

$4,738

Median Connecticut Tax Bill

$6,162

Median United States Tax Bill

$2,400

Property Tax Bills Across New London County, Connecticut

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Baltic	$3,525	$4,193	$4,884	$6,033	$7,308
Bozrah	$2,922	$3,390	$4,171	$5,189	$6,438
Colchester	$3,433	$4,243	$5,350	$6,655	$8,129
East Lyme	$4,384	$5,167	$6,564	$8,584	$11,241
Gales Ferry	$3,801	$4,789	$5,659	$6,898	$7,974
Gilman	$3,157	$3,561	$4,865	$5,777	$7,333
Griswold	$2,616	$2,962	$3,425	$4,232	$4,984
Groton	$2,009	$3,063	$4,350	$6,438	$12,083
Jewett City	$2,137	$3,170	$3,942	$5,131	$6,466
Lebanon	$2,790	$3,640	$4,556	$5,617	$6,731
Ledyard	$2,859	$4,471	$5,494	$7,178	$8,631
Lisbon	$2,727	$3,258	$4,156	$4,899	$5,681
Lyme	$1,427	$1,791	$2,672	$4,261	$6,872
Montville	$497	$2,430	$3,470	$4,540	$6,136
Mystic	$3,582	$4,590	$6,212	$8,124	$11,300
New London	$2,314	$3,222	$3,900	$4,872	$6,363
Niantic	$3,621	$4,480	$5,359	$6,907	$10,187
Noank	$8,529	$9,936	$10,900	$11,748	$12,726
North Franklin	$2,593	$3,021	$3,653	$4,538	$5,660
North Stonington	$3,047	$3,959	$5,024	$6,378	$7,841
Norwich	$2,550	$3,457	$4,239	$5,117	$6,579
Oakdale	$3,180	$3,729	$4,502	$6,181	$7,426
Old Lyme	$3,466	$4,453	$5,609	$7,598	$11,112
Pawcatuck	$3,216	$3,740	$4,569	$6,124	$8,223
Preston	$3,194	$3,798	$4,743	$6,124	$7,439
Quaker Hill	$3,114	$3,560	$4,243	$5,210	$6,598
Salem	$3,321	$4,530	$5,728	$7,304	$9,188
Stonington	$3,566	$4,997	$7,385	$10,694	$17,276
Taftville	$2,875	$3,256	$3,633	$4,177	$5,010
Uncasville	$2,326	$3,388	$3,918	$4,708	$5,834
Voluntown	$2,642	$3,272	$4,277	$5,377	$6,692
Waterford	$2,808	$3,460	$4,470	$5,861	$8,367
Yantic	$2,762	$3,323	$4,528	$5,328	$6,633
Amston	N/A	N/A	N/A	N/A	N/A
East Haddam	N/A	N/A	N/A	N/A	N/A
Franklin	N/A	N/A	N/A	N/A	N/A
Hanover	N/A	N/A	N/A	N/A	N/A
South Lyme	N/A	N/A	N/A	N/A	N/A
Sprague	N/A	N/A	N/A	N/A	N/A
Versailles	N/A	N/A	N/A	N/A	N/A
Willimantic	N/A	N/A	N/A	N/A	N/A

Source: Ownwell