Coventry, Tolland County, Connecticut Property Taxes
Median Coventry, CT effective property tax rate: 3.17%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Coventry, CT home value: $154,100
Median annual Coventry, CT tax bill: $4,891, $2,491 higher than the national median property tax bill of $2,400.
How are property taxes in Tolland County calculated?
Property taxes in Coventry, 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 Coventry’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Coventry, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Coventry, Tolland County, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.17%
Estimate Property Tax Bill
$4,885
$4,533
Property Tax Rates Across Coventry, Tolland County, Connecticut
Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget annually 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.
In Coventry, located in Tolland County, Connecticut, the effective property tax rate is notably higher than the national median. With a rate of 3.17%, Coventry stands out when compared to the U.S. median property tax rate of 1.02%. This significant difference highlights the variance in property tax rates across different regions. While Coventry's rate is consistent within its own zip code, it surpasses the national average, indicating a potentially higher property tax bill for homeowners. Understanding these differences is crucial for property owners looking to manage their tax liabilities effectively. Comparing Coventry’s rate to other areas in Connecticut can provide insight into the local tax landscape and help property owners make informed decisions.
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 Coventry Tax Rate
3.17%
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 Tolland County Tax Rate
3.34%
Median Effective Connecticut Tax Rate
3.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Coventry, Tolland County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06238 | 3.17% | 3.17% | 3.17% | 3.17% | 3.17% |
Source: Ownwell
Property Tax Assessment Values Across Coventry, Tolland County, Connecticut
When examining property taxes in Coventry, 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 Tolland 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.
Assessment notices: In Tolland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Coventry. For example, the median home price in Coventry is $154,100, with tax bills ranging significantly across the county. Zip code 06238 has the highest median home price at $154,100.
Property Tax Assessment Values Across Coventry, Tolland County, Connecticut
Source: Ownwell
$24,150
$116,673
$209,195
Median Coventry Market Value
$154,100
Median Tolland County Market Value
$164,900
Median Connecticut Market Value
$189,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Coventry, Tolland County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06238 | $89,300 | $116,500 | $154,100 | $206,600 | $264,360 |
Source: Ownwell
Property Tax Bills Across Coventry, Tolland County, Connecticut
In Coventry, located in Tolland County, CT, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is a percentage of the home's market value, and it is multiplied by the local tax rate to determine the tax bill. Homeowners in Coventry face a median property tax bill of $4,891, significantly higher than the national median of $2,400. Factors such as property size, location, and improvements can influence the assessed value, impacting the overall tax bill. With tax bills ranging from $3,698 at the 25th percentile to $8,391 at the 90th percentile, the burden on homeowners can vary significantly.
Ownwell assists homeowners in reducing their property tax bills by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell helps ensure that homeowners are not overpaying. With a deep understanding of local tax regulations and a commitment to client savings, Ownwell is a valuable ally for Coventry homeowners seeking to lower their property tax expenses.
Median Coventry Tax Bill
$4,891
Median Tolland County Tax Bill
$5,464
Median Connecticut Tax Bill
$6,162
Median United States Tax Bill
$2,400
Property Tax Bills Across Coventry, Tolland County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06238 | $2,834 | $3,698 | $4,891 | $6,557 | $8,391 |
Source: Ownwell