Webster, Connecticut Property Taxes
The median property tax rate in Webster, CT is 2.60%, considerably higher than both the national median of 0.99% and the Connecticut state median of 3.14%. With the median home value in Webster at $141,600, the typical annual property tax bill reaches $3,682, exceeding the national median of $2,690. Property taxes in Webster 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 Webster'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 Webster 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
Webster, Connecticut Property Tax Bill Calculator
$100,000
$2,500,000
$5,000,000
Average Tax Rate
3.14%
Estimate Property Tax Bill
$6,280
Ownwell’s Webster Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and prospective buyers to estimate their annual property taxes in Webster with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Webster to provide an estimate of 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 below. Your property’s assessed value is the value assigned by the county for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Webster, Connecticut
Property taxes in Webster, Connecticut, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Webster is 2.60%, significantly higher than the U.S. national median of 0.99%. Local government entities within Webster set these rates annually, and they can vary significantly across different neighborhoods. Each year, Webster 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 Webster's effective property tax rate to other counties in Connecticut and the national median. For comparison, the 01570 zip code has the highest median property tax rate of 2.60%, while the 01570 zip code also has the lowest median tax rate of 2.60%. Understanding how these cities compare with Webster 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 Webster Tax Rate
2.60%
Average Windham County Tax Rate
2.75%
Average Connecticut Tax Rate
3.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across Webster, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01570 | 2.60% | 2.60% | 2.60% | 2.60% | 2.60% |
Source: Ownwell
Property Tax Assessment Values Across Webster, Connecticut
In Webster, 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 Webster, 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. The median home price in Webster is $141,600, and property tax bills can vary significantly. For example, the 25th percentile tax bill is $3,362, while the 75th percentile tax bill reaches $4,001, and the 90th percentile tax bill is $4,193. Interestingly, the zip code with both the highest and lowest median tax bill is 01570, with a median tax bill of $3,682. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Webster Assessed Value
$141,600
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 Webster, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01570 | $121,920 | $129,300 | $141,600 | $153,900 | $161,280 |
Source: Ownwell
Property Tax Bills Across Webster, Connecticut
In Webster, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value, reflecting the property's worth in the current real estate market. Various factors influence the assessed value, including the home's size, location, condition, and recent sales of comparable properties in the area. Webster's property tax rate is applied to the assessed value to determine the annual tax bill. For example, with a median home price of $141,600, the tax bill can range significantly. The 25th percentile tax bill is approximately $3,362, while the 75th percentile reaches around $4,001, and the 90th percentile is about $4,193. These property taxes fund essential public services such as schools, emergency services, and infrastructure maintenance, directly impacting homeowners. Compared to the national median property tax rate of 0.99%, Webster's rates reflect the local economic conditions and funding needs, affecting the overall cost of homeownership in the area.
Average Webster Tax Bill
$3,682
Average Windham County Tax Bill
$4,074
Average Connecticut Tax Bill
$6,162
Average United States Tax Bill
$2,690
Property Tax Bills Across Webster, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 01570 | $3,170 | $3,362 | $3,682 | $4,001 | $4,193 |
Source: Ownwell