2021 Mill Rates in Connecticut

While Connecticut is known for high property taxes when compared to the rest of the country, the mill rate varies greatly within the state – from 11.59 mills to 74.29 mills for the 2021 fiscal year.  Keep reading to learn more about what mill rates are, and...

2020 Mill Rates in Connecticut

Mill rates vary town to town. So even though Connecticut is know for high property taxes, they aren’t the same across the state. Each municipality is in charge of setting the mill rate for property taxes, which are the primary source of funding for towns. Vehicles are...

Assessed Value vs. Market Value

Do you know the value of your home?  Let’s say you know you pay taxes on a property that is assessed to be valued at $200,000. Then, you start seeing similar homes in your neighborhood selling for $220,000. Does this mean your taxes are about to go up? Or are your...