Wilton, Fairfield County, Connecticut Property Taxes
Median Wilton, CT effective property tax rate: 2.93%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Wilton, CT home value: $485,450
Median annual Wilton, CT tax bill: $14,202, $11,802 higher than the national median property tax bill of $2,400.
How are property taxes in Fairfield calculated?
Property taxes in Wilton, 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 Wilton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wilton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Wilton, Fairfield County, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.93%
Estimate Property Tax Bill
$14,224
$13,199
Ownwell’s Wilton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Wilton with just two data points.
By entering your property's estimated assessed value, our calculator applies Wilton’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 Wilton, Fairfield County, Connecticut
Local government entities are responsible for setting tax rates, which can vary significantly within Connecticut. Each year, Fairfield County, like others, estimates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable properties in its jurisdiction. This process determines the property tax rate. Though votes and legislation play a role in this, it essentially boils down to this annual calculation.
In Wilton, located in Fairfield County, the effective property tax rate is significantly higher than both the state and national medians. Connecticut's median property tax rate is notably above the national average of 1.02%, and Wilton's rate is at the top end of the spectrum within the state. This makes Wilton a standout in terms of property tax rates, reflecting the county's budgetary requirements and property values.
Understanding these dynamics is crucial for homeowners navigating the property tax landscape in Connecticut, as it directly impacts financial planning and property investment decisions.
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 Wilton Tax Rate
2.93%
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 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 Wilton, Fairfield County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06897 | 2.93% | 2.93% | 2.93% | 2.93% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across Wilton, Fairfield County, Connecticut
When examining property taxes in Wilton, 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 Wilton. For example, the median home price in Wilton is $485,450, with tax bills ranging significantly across the county. Zip code 06897 has the highest median home price at $485,450.
Property Tax Assessment Values Across Wilton, Fairfield County, Connecticut
Source: Ownwell
$133,910
$628,705
$1,123,500
Median Wilton Market Value
$485,450
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 Wilton, Fairfield County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06897 | $317,534 | $396,620 | $485,450 | $623,630 | $820,120 |
Source: Ownwell
Property Tax Bills Across Wilton, Fairfield County, Connecticut
In Wilton, CT, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is a percentage of the market value of the property. Homeowners in Wilton face a significant property tax burden, with the median tax bill reaching $14,202, substantially higher than the national median of $2,400. Factors influencing the tax bill include the property's size, location, and market conditions. High property taxes can strain homeowners' finances, making it crucial to ensure that assessments are accurate.
Ownwell assists homeowners in Wilton by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills. The team's in-depth understanding of local tax codes and appeal processes ensures that homeowners have the best chance of success. With Ownwell's assistance, homeowners can achieve significant savings, easing the financial pressure of high property taxes in Wilton.
Median Wilton Tax Bill
$14,202
Median Fairfield County Tax Bill
$8,346
Median Connecticut Tax Bill
$6,162
Median United States Tax Bill
$2,400
Property Tax Bills Across Wilton, Fairfield County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06897 | $9,288 | $11,603 | $14,202 | $18,229 | $23,988 |
Source: Ownwell