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How Much is Property Tax on a $550,000 Home in Connecticut?
Property tax on a $550,000 home in Connecticut typically ranges from $5,500 to $14,850 per year (roughly $458 to $1,238/month), depending on the county. Based on the statewide average effective rate of 1.79%, you can expect to pay around $9,845/year, or $820/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.