Property Taxes in Connecticut
Connecticut's effective property tax rate is 1.48%, ranking #48 out of 50 states (1 = lowest). The median annual property tax paid is $6,153.
Connecticut has some of the highest property tax rates in the nation, with mill rates set by each of its 169 municipalities. There is no county government in Connecticut, so towns fund virtually all local services through property taxes, including schools, police, fire, and road maintenance. The result is extreme variation — mill rates range from under 15 to over 45 depending on the town. Affluent towns with large commercial tax bases (like Greenwich) tend to have lower residential rates despite higher home values.
By BuyAHomeIn Editorial | Updated 2026-03-02 | Sources: Tax Foundation, U.S. Census
Tax Rate
1.48%
Median Annual Tax
$6,153
National Rank
#48 of 50
1 = lowest
Homestead Exemption
Yes
Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $2,960 | $247 |
| $300,000 | $4,440 | $370 |
| $400,000 | $5,920 | $493 |
| $500,000 | $7,400 | $617 |
| $750,000 | $11,100 | $925 |
* Based on the average effective rate of 1.48%. Actual rates vary by county and municipality.
Homestead Exemption in Connecticut
Up to $75,000
File for the homestead exemption after purchasing your primary residence in Connecticut to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.
How Connecticut Compares
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