April 5, 2002 |
2002-R-0415 | |
RESIDENTIAL PROPERTY TAX COMPARISON | ||
By: Judith Lohman, Chief Analyst | ||
You asked for a comparison of the annual property taxes that would be paid on a hypothetical $ 300,000 home in New Haven, Bridgeport, and Hartford and some of their wealthier suburbs based on 2001-02 mill rates. The mill rates used in this report are published by the Office of Policy and Management.
The tables below show the requested comparisons for the three cities and some of their suburbs. The tables assume that the $ 300,000 house is assessed at 70% of market value, or $ 210,000.
Table 1: New Haven and Suburbs
Hypothetical Tax on $ 300,000 House
Town |
Mill Rate |
Hypothetical Tax |
New Haven |
34. 95 |
$ 7,340 |
Woodbridge |
31. 90 |
6,699 |
Guilford |
31. 75 |
6,668 |
Durham |
29. 70 |
6,237 |
Branford |
27. 92 |
5,863 |
Madison |
26. 26 |
5,515 |
Clinton |
26. 09 |
5,479 |
Table 2: Bridgeport and Suburbs
Hypothetical Tax on $ 300,000 House
Town |
Mill Rate |
Hypothetical Tax |
Bridgeport |
65. 00 |
$ 13,650 |
Easton |
28. 20 |
5,922 |
Wilton |
28. 11 |
5,903 |
Redding |
27. 00 |
5,670 |
Trumbull |
24. 00 |
5,040 |
Weston |
22. 42 |
4,708 |
Westport |
17. 20 |
3,612 |
Table 3: Hartford and Suburbs
Hypothetical Tax on $ 300,000 House
Town |
Mill Rate |
Hypothetical Tax |
Hartford |
48. 00 |
$ 10,080 |
Simsbury |
36. 30 |
7,623 |
West Hartford |
35. 69 |
7,495 |
Glastonbury |
34. 60 |
7,266 |
Wethersfield |
32. 34 |
6,791 |
Avon |
25. 90 |
5,439 |
Farmington |
25. 00 |
5,250 |
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