Winsted, Litchfield County, Connecticut Property Taxes

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

Median Winsted, CT effective property tax rate: 2.64%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Winsted, CT home value: $148,890
Median annual Winsted, CT tax bill: $3,938, $1,538 higher than the national median property tax bill of $2,400.

How are property taxes in Litchfield calculated?

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

Last Updated March 1, 2025

Winsted, Litchfield County, Connecticut Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.64%

Estimate Property Tax Bill

$3,931

$3,648

Ownwell’s Winsted Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Winsted with just two data points. By entering your property's estimated assessed value, our calculator applies Winsted’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 Litchfield County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Winsted, Litchfield County, Connecticut

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Winsted’s effective property tax rate to other cities in Connecticut and the median property tax rates in Connecticut and the U.S. Winsted, located in Litchfield County, has a median property tax rate of 2.64%, which is significantly higher than the national median of 1.02%. The highest median tax rate in the area is found in the 06063 zip code, reaching 3.39%. Meanwhile, the lowest is also in Winsted, at 2.64%, indicating a uniform rate within the city. This contrast highlights the variability of property tax rates within the state. Understanding these differences can help homeowners make informed decisions about property investments and financial planning.

Property Tax Rates Across Winsted, Litchfield County, Connecticut

Source: Ownwell

1.10%

2.95%

4.80%

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 Winsted Tax Rate

2.64%

Median Effective Litchfield County Tax Rate

2.91%

Median Effective Connecticut Tax Rate

3.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Winsted, Litchfield County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
06063	3.39%	3.39%	3.39%	3.39%	3.39%
06098	2.64%	2.64%	2.64%	2.64%	2.64%

Source: Ownwell

Property Tax Assessment Values Across Winsted, Litchfield County, Connecticut

When examining property taxes in Winsted, 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 Litchfield 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 Litchfield 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 Winsted.

For example, the median home price in Winsted is $148,890, with tax bills ranging significantly across the county. Zip code 06063 has the highest median home price at $191,280.

Property Tax Assessment Values Across Winsted, Litchfield County, Connecticut

Source: Ownwell

$93,590

$292,898

$492,205

Median Winsted Market Value

$148,890

Median Litchfield County Market Value

$166,200

Median Connecticut Market Value

$189,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Winsted, Litchfield County, Connecticut

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
06063	$132,000	$157,710	$191,280	$215,450	$239,850
06098	$95,669	$117,128	$148,715	$206,500	$344,505

Source: Ownwell

Property Tax Bills Across Winsted, Litchfield County, Connecticut

Homeowners in Winsted, located in Litchfield County, CT, face property tax bills calculated based on the assessed value of their homes. This assessed value is a percentage of the property's market value, which is determined by local assessors. The median home price in Winsted is $148,890, and property tax bills can vary significantly. For instance, the 25th percentile tax bill is $3,104, while the 75th percentile reaches $5,494, and the 90th percentile soars to $9,078. Compared to the national median property tax bill of $2,400, Winsted's property taxes are notably higher, reflecting Connecticut's overall higher property tax rates. This can place a financial burden on homeowners, especially in areas like zip code 06063, where the median tax bill is as high as $6,492. However, Ownwell can assist homeowners by providing expert property tax appeal services, potentially lowering their tax bills. By ensuring that properties are fairly assessed, Ownwell helps homeowners save money, making homeownership more affordable in Winsted.

Property Tax Bills Across Winsted, Litchfield County, Connecticut

Source: Ownwell

$3,418

$4,955

$6,492

Median Winsted Tax Bill

$3,938

Median Litchfield County Tax Bill

$5,031

Median Connecticut Tax Bill

$6,162

Median United States Tax Bill

$2,400

Property Tax Bills Across Winsted, Litchfield County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
06063	$4,480	$5,353	$6,492	$7,312	$8,140
06098	$2,524	$3,098	$3,929	$5,456	$9,104

Source: Ownwell