What is the property tax rate in Connecticut?

The property tax rate in Connecticut varies based on the town or city in which the property is located. The rates are set by local governments and can differ significantly across the state. Assessments calculate the value of a property, usually at 70% of its fair market value, and then apply the local mill rate to determine the actual property tax owed. The mill rate is the amount of taxes due per $1,000 of assessed value. It is advisable to contact the local tax assessor's office or visit their website for the specific mill rate in a particular area. The Connecticut Department of Revenue Services does not determine the property tax rate; however, they provide resources to help taxpayers understand the property tax system.