Norwich, New London County, Connecticut Property Taxes

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

Median Norwich, CT effective property tax rate: 4.19%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Norwich, CT home value: $94,100
Median annual Norwich, CT tax bill: $4,239, $1,839 higher than the national median property tax bill of $2,400.

How are property taxes in New London calculated?

Property taxes in Norwich, 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 Norwich’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Norwich, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Norwich, New London County, Connecticut Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

4.19%

Estimate Property Tax Bill

$3,943

$3,659

Ownwell’s Norwich Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Norwich with just two data points. By entering your property's estimated assessed value, our calculator applies Norwich’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 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 Norwich, 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.

Norwich in New London County, Connecticut, stands out with an effective property tax rate of 4.19%. This rate is significantly higher than the national median property tax rate of 1.02%. The median property tax bill in Norwich also surpasses the national median, reflecting the higher rate. Such a high property tax rate can be attributed to the county's budgetary needs and the total value of taxable properties. Homeowners in Norwich may find relief through property tax appeals or exemptions, which can potentially lower their tax burden. Understanding these dynamics can empower property owners to make informed decisions about their property taxes.

Property Tax Rates Across Norwich, 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 Norwich Tax Rate

4.19%

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 Norwich, New London County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
06360	4.18%	4.18%	4.19%	4.86%	4.86%

Source: Ownwell

Property Tax Assessment Values Across Norwich, New London County, Connecticut

When examining property taxes in Norwich, 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 March. 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 Norwich. For example, the median home price in Norwich is $94,100, with tax bills ranging significantly across the county. Zip code 06360 has the highest median home price at $94,100.

Property Tax Assessment Values Across Norwich, New London County, Connecticut

Source: Ownwell

$86,800

$274,225

$461,650

Median Norwich Market Value

$94,100

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 Norwich, New London County, Connecticut

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
06360	$54,300	$76,000	$94,100	$116,000	$152,290

Source: Ownwell

Property Tax Bills Across Norwich, New London County, Connecticut

In Norwich, property tax bills are calculated based on the assessed value of a home. This value is determined by the local tax assessor and represents a percentage of the property's market value. The tax rate is then applied to this assessed value to calculate the annual tax bill. Factors such as home improvements, neighborhood changes, and local government budgets can influence the assessed value, impacting the property tax bill. Homeowners in Norwich face a median tax bill of $4,239, significantly higher than the national median of $2,400. This can place a substantial financial burden on property owners. Ownwell offers a solution by providing expert property tax appeal services. By analyzing individual property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills. This service can lead to substantial savings, allowing homeowners to allocate resources more effectively. With Ownwell's expertise, Norwich homeowners can navigate the complexities of property tax assessments and achieve a fair tax bill.

Property Tax Bills Across Norwich, New London County, Connecticut

Source: Ownwell

$2,672

$6,786

$10,900

Median Norwich Tax Bill

$4,239

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 Norwich, New London County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
06360	$2,550	$3,457	$4,239	$5,117	$6,579

Source: Ownwell