Danielson, Connecticut Property Taxes
The median property tax rate in Danielson, CT is 2.91%, considerably higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With the median home value in Danielson at $126,480, the typical annual property tax bill reaches $3,683, exceeding the national median of $2,690. Property taxes in Danielson 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 Danielson'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 Danielson 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
Danielson, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.91%
Estimate Property Tax Bill
$3,681
Ownwell’s Danielson Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Danielson with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Danielson to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. For those interested in neighborhood-level trends, more localized information is available as you scroll down. 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 Danielson, Connecticut
Property taxes in Danielson, Connecticut, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Danielson is 2.91%, significantly higher than both the Connecticut state median and the U.S. national median of 0.99%. Local government entities within Danielson set these rates annually, and they can vary significantly across different neighborhoods. Each year, Danielson 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. The data below compares Danielson's effective property tax rate to other areas in Connecticut and the national median. For comparison, the 06239 zip code has the highest median property tax rate of 2.91%, while the lowest median tax rate is also 2.91%. Understanding how these areas compare with Danielson provides valuable insights into the varying tax landscape across Windham County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Danielson Tax Rate
2.91%
Average Windham County Tax Rate
2.75%
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Danielson, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06239 | 2.74% | 2.87% | 2.91% | 3.21% | 3.21% |
Source: Ownwell
Property Tax Assessment Values Across Danielson, Connecticut
In Danielson, 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 Windham 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 Danielson, 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 Danielson helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 06239 has the highest and lowest median tax bill at $3,683, making it essential for homeowners to stay informed and proactive.
Average Danielson Assessed Value
$126,480
Average Windham County Assessed Value
$144,900
Average Connecticut Assessed Value
$189,900
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Danielson, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06239 | $75,110 | $102,545 | $126,480 | $157,602 | $198,240 |
Source: Ownwell
Property Tax Bills Across Danielson, Connecticut
In Danielson, property tax bills are calculated based on the assessed value of a home, which is determined by the Windham County assessor's office. This assessed value is a percentage of the home's market value. The property tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the tax bill, including the property's location, size, and any applicable exemptions or abatements. For homeowners in Danielson, the property tax rate can significantly impact their finances. The median home price in the area is $126,480, leading to varying tax bills. For instance, homeowners at the 25th percentile can expect a tax bill around $3,058, while those at the 75th percentile might see bills closer to $4,463. At the 90th percentile, tax bills can reach up to $5,578. Comparatively, the national median property tax rate is 0.99%, highlighting how local rates and assessments directly affect the financial responsibilities of Danielson homeowners.
Average Danielson Tax Bill
$3,683
Average Windham County Tax Bill
$4,074
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across Danielson, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06239 | $2,292 | $3,058 | $3,683 | $4,463 | $5,578 |
Source: Ownwell