Connecticut has an effective property tax rate of 1.96%, with a median annual property tax of $6,575. Properties are assessed at 70.0% of market value and reassessed every 5 years (revaluation required by statute). Payments are due semi-annual.
Effective Rate
1.96%
Assessment Ratio
70.0%
Median Annual Tax
$6,575
Payment Frequency
Semi-Annual
Appeal Deadline
Within 30 days of revaluation or by February 20 to Board of Assessment Appeals
Due Dates
Varies by town; typically July 1 and January 1 (some towns collect quarterly)
Reassessment Cycle
Every 5 years (revaluation required by statute)
Homestead Exception
No general homestead exemption; veterans exemption up to $1,500 assessed value; elderly/disabled circuit breaker tax credit up to $1,250
Key Notes
Third highest effective rate nationally. Assessment ratio is 70% of fair market value. Mill rates set by each municipality. Some of the highest per-capita property tax burdens in the country.
Late Penalty
1.5% per month (18% annually) interest on delinquent taxes from due date