Hebron, Connecticut Property Taxes
The median property tax rate in Hebron, CT is 3.32%, considerably higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With the median home value in Hebron, the typical annual property tax bill reaches $6,943, exceeding the national median of $2,690. Property taxes in Hebron 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 Hebron'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 Hebron 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
Hebron, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.32%
Estimate Property Tax Bill
$6,945
Ownwell’s Hebron Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hebron with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hebron 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 Hebron, Connecticut
Property taxes in Hebron, Connecticut, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hebron is 3.32%, significantly higher than both the Connecticut state median of 1.79% and the U.S. national median of 0.99%. Local government entities within Hebron set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hebron 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. For comparison, Hebron's effective property tax rate stands out within Tolland County. Understanding how these rates compare with Hebron provides valuable insights into the varying tax landscape across the county, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hebron Tax Rate
3.32%
Average Tolland County Tax Rate
3.34%
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hebron, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06248 | 3.32% | 3.32% | 3.32% | 3.32% | 3.32% |
Source: Ownwell
Property Tax Assessment Values Across Hebron, Connecticut
In Hebron, 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 Tolland 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 Hebron, 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. Being aware of these valuation processes in Hebron helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Hebron is $209,195, with tax bills ranging from $5,764 at the 25th percentile to $10,204 at the 90th percentile. Notably, the zip code 06248 has both the highest and lowest median tax bills at $6,943.
Average Hebron Assessed Value
$209,195
Average Tolland County Assessed Value
$164,900
Average Connecticut Assessed Value
$189,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hebron, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06248 | $148,092 | $173,740 | $209,195 | $256,200 | $307,447 |
Source: Ownwell
Property Tax Bills Across Hebron, Connecticut
In Hebron, located in Tolland County, CT, property tax bills are calculated based on the assessed value of a home, which is typically a percentage of its market value. The town's property tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence this calculation, including the home's market value, local tax rates, and any applicable exemptions. For instance, with a median home price of $209,195, homeowners in Hebron can expect their tax bills to vary. At the 25th percentile, the tax bill is around $5,764, while at the 75th percentile, it rises to $8,503. The 90th percentile sees tax bills reaching approximately $10,204. The highest and lowest median tax bills in Hebron both stand at $6,943, highlighting the uniformity in the town's tax structure. Compared to the national median property tax rate of 0.99%, Hebron's property taxes can be considered relatively high, impacting homeowners by increasing their annual housing costs and influencing overall affordability.
Average Hebron Tax Bill
$6,943
Average Tolland County Tax Bill
$5,464
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across Hebron, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06248 | $4,915 | $5,764 | $6,943 | $8,503 | $10,204 |
Source: Ownwell