Ridgefield, Fairfield County, Connecticut Property Taxes

Name: Property Tax Bills Across Ridgefield, Fairfield County, Connecticut
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Ridgefield, CT effective property tax rate: 2.58%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Ridgefield, CT home value: $466,410
Median annual Ridgefield, CT tax bill: $12,038, $9,638 higher than the national median property tax bill of $2,400.

How are property taxes in Fairfield calculated?

Property taxes in Ridgefield, CT are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Ridgefield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ridgefield, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Ridgefield, Fairfield County, Connecticut Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.58%

Estimate Property Tax Bill

$12,033

$11,167

Ownwell’s Ridgefield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ridgefield with just two data points. By entering your property's estimated assessed value, our calculator applies Ridgefield’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Fairfield County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Ridgefield, Fairfield County, Connecticut

Local government entities set tax rates, which can vary widely within a state. This variation occurs because, each year, counties estimate their required budget to provide necessary services and divide this by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the essence of the annual process.

In Ridgefield, located in Fairfield County, the effective property tax rate is notably higher than the national median property tax rate of 1.02%. Ridgefield’s rate aligns with Connecticut's median property tax rate, which is among the highest in the nation. This can result in property tax bills that are significantly above the national median property tax bill of $2,400. Comparing Ridgefield’s property tax rate to other cities in Connecticut highlights the state’s overall elevated tax rates. Understanding these rates is crucial for property owners who wish to manage their tax liabilities effectively.

Property Tax Rates Across Ridgefield, Fairfield County, Connecticut

Source: Ownwell

1.16%

2.75%

4.35%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Ridgefield Tax Rate

2.58%

Median Effective Fairfield County Tax Rate

2.52%

Median Effective Connecticut Tax Rate

3.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ridgefield, Fairfield County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
06877	2.58%	2.58%	2.58%	2.58%	2.58%

Source: Ownwell

Property Tax Assessment Values Across Ridgefield, Fairfield County, Connecticut

When examining property taxes in Ridgefield, CT, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Fairfield County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Fairfield County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Ridgefield.

For example, the median home price in Ridgefield is $466,410, with tax bills ranging significantly across the county. Zip code 06877 has the highest median home price at $466,410.

Property Tax Assessment Values Across Ridgefield, Fairfield County, Connecticut

Source: Ownwell

$133,910

$628,705

$1,123,500

Median Ridgefield Market Value

$466,410

Median Fairfield County Market Value

$310,800

Median Connecticut Market Value

$189,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ridgefield, Fairfield County, Connecticut

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
06877	$232,680	$356,738	$466,410	$623,630	$865,907

Source: Ownwell

Property Tax Bills Across Ridgefield, Fairfield County, Connecticut

In Ridgefield, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate, known as the mill rate, is then applied to this assessed value. Ridgefield's tax bills are notably higher than the national median property tax bill of $2,400, with the median tax bill in the area being $12,038. This places a significant financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%. Factors influencing the tax bill include changes in property value, local budgetary needs, and approved tax levies. Homeowners in Ridgefield often face tax bills ranging from $9,208 at the 25th percentile to $22,349 at the 90th percentile. Ownwell offers valuable assistance by helping homeowners appeal their property tax assessments and identify potential exemptions. This can lead to significant savings, reducing the overall tax burden and ensuring that homeowners are not overpaying on their property taxes.

Property Tax Bills Across Ridgefield, Fairfield County, Connecticut

Source: Ownwell

$4,549

$11,839

$19,128

Median Ridgefield Tax Bill

$12,038

Median Fairfield County Tax Bill

$8,346

Median Connecticut Tax Bill

$6,162

Median United States Tax Bill

$2,400

Property Tax Bills Across Ridgefield, Fairfield County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
06877	$6,005	$9,208	$12,038	$16,101	$22,349

Source: Ownwell