Watertown, New Haven County, Connecticut Property Taxes

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

Median Watertown, CT effective property tax rate: 3.23%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Watertown, CT home value: $640,800
Median annual Watertown, CT tax bill: $20,672, $18,272 higher than the national median property tax bill of $2,400.

How are property taxes in New Haven calculated?

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

Last Updated March 1, 2025

Watertown, New Haven County, Connecticut Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.23%

Estimate Property Tax Bill

$20,698

$19,207

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

Property Tax Rates Across Watertown, New Haven County, Connecticut

Local government entities, such as those in Watertown, set tax rates, which can vary widely within Connecticut. This variation stems from each county's annual budget estimation process. New Haven County, where Watertown is located, calculates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This computation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Watertown, the effective property tax rate is significantly higher than the national median of 1.02%, reflecting the unique fiscal needs and property values of the area. Compared to other cities in Connecticut, Watertown's rate offers insight into the region's approach to balancing budgetary requirements with property assessments. For residents, understanding this rate is crucial for financial planning and property investment decisions. By comparing Watertown's rate with the median rates in Connecticut and across the U.S., property owners can better navigate the local tax landscape and explore potential savings through appeals or exemptions.

Property Tax Rates Across Watertown, New Haven County, Connecticut

Source: Ownwell

2.25%

3.94%

5.64%

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 Watertown Tax Rate

3.23%

Median Effective New Haven County Tax Rate

3.48%

Median Effective Connecticut Tax Rate

3.14%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Watertown, New Haven County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
06795	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Watertown, New Haven County, Connecticut

When examining property taxes in Watertown, 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 New Haven County assessor 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 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 New Haven County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Watertown. For example, the median home price in Watertown is $640,800, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Watertown, New Haven County, Connecticut

Source: Ownwell

$98,700

$214,498

$330,295

Median Watertown Market Value

$640,800

Median New Haven County Market Value

$174,720

Median Connecticut Market Value

$189,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Watertown, New Haven County, Connecticut

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
06795	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Watertown, New Haven County, Connecticut

In Watertown, New Haven County, CT, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value. The median home price in the area is $640,800, significantly higher than the national median, leading to a higher tax bill. Watertown homeowners face a median property tax bill of $20,672, which is substantially above the national median of $2,400. This hefty tax burden can strain homeowners financially, making it crucial to understand the factors influencing these bills. The assessed value, local tax rate, and any applicable exemptions play a vital role in determining the final amount. Ownwell specializes in helping homeowners reduce their tax burden by identifying opportunities for appeals and exemptions. By reviewing property assessments and ensuring they align with current market values, Ownwell can help homeowners in Watertown potentially save thousands on their property tax bills, offering peace of mind and financial relief.

Property Tax Bills Across Watertown, New Haven County, Connecticut

Source: Ownwell

$4,651

$8,224

$11,796

Median Watertown Tax Bill

$20,672

Median New Haven County Tax Bill

$6,350

Median Connecticut Tax Bill

$6,162

Median United States Tax Bill

$2,400

Property Tax Bills Across Watertown, New Haven County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
06795	N/A	N/A	N/A	N/A	N/A

Source: Ownwell