Property Tax on a $500,000 Home in Connecticut

How Much is Property Tax on a $500,000 Home in Connecticut?

Property tax on a $500,000 home in Connecticut typically ranges from $5,000 to $13,500 per year (roughly $417 to $1,125/month), depending on the county. Based on the statewide average effective rate of 1.79%, you can expect to pay around $8,950/year, or $746/month. Connecticut has some of the highest property tax rates in the country, driven by high home values and heavy reliance on local property taxes to fund schools.