Jewett City, New London County, Connecticut Property Taxes
Median Jewett City, CT effective property tax rate: 2.51%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Jewett City, CT home value: $157,740
Median annual Jewett City, CT tax bill: $3,942, $1,542 higher than the national median property tax bill of $2,400.
How are property taxes in New London County calculated?
Property taxes in Jewett City, 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 Jewett City's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Jewett City, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Jewett City, New London County, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.51%
Estimate Property Tax Bill
$3,959
$3,674
Property Tax Rates Across Jewett City, New London County, Connecticut
Local government entities in Connecticut set property tax rates, which can vary widely within the state. Each year, counties like New London estimate their required budget to provide essential services and divide that by the total value of all taxable property within their 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.
In Jewett City, located in New London County, the effective property tax rate is reflective of the county's fiscal strategies. When compared to other cities in Connecticut, Jewett City stands out with a property tax rate of 2.51%, which is significantly higher than the national median of 1.02%. This difference highlights the variability in property tax rates across the nation. The median property tax rate in Connecticut also tends to be higher than the national average, indicating a trend that property owners in this state should be aware of when considering their financial obligations.
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 Jewett City Tax Rate
2.51%
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 Jewett City, New London County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06351 | 2.34% | 2.34% | 2.51% | 2.51% | 2.90% |
Source: Ownwell
Property Tax Assessment Values Across Jewett City, New London County, Connecticut
When examining property taxes in Jewett City, CT, 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 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 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 Jewett City. For example, the median home price in Jewett City is $157,740, with tax bills ranging significantly across the county. Zip code 06351 has the highest median home price at $157,740.
Property Tax Assessment Values Across Jewett City, New London County, Connecticut
Source: Ownwell
$86,800
$274,225
$461,650
Median Jewett City Market Value
$157,740
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 Jewett City, New London County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06351 | $78,078 | $125,370 | $157,740 | $207,045 | $264,164 |
Source: Ownwell
Property Tax Bills Across Jewett City, New London County, Connecticut
In Jewett City, located in New London County, CT, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. This assessed value is then multiplied by the local tax rate to calculate the annual tax bill. The median home price in Jewett City is $157,740, with property tax bills ranging from $3,170 at the 25th percentile to $6,466 at the 90th percentile. The median tax bill in the area is notably high at $3,942, surpassing the national median of $2,400. Several factors influence these tax bills, including changes in property values and local government budgets. High property taxes can significantly impact homeowners, often leading to financial strain.
Ownwell offers a solution by providing property tax appeal and exemption services, potentially reducing these burdensome bills. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners achieve significant savings, ensuring they pay only what is fair. This service not only alleviates financial pressure but also offers peace of mind.
Property Tax Bills Across Jewett City, New London County, Connecticut
Source: Ownwell
$2,672
$6,786
$10,900
Median Jewett City Tax Bill
$3,942
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 Jewett City, New London County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06351 | $2,137 | $3,170 | $3,942 | $5,131 | $6,466 |
Source: Ownwell