Ledyard, New London County, Connecticut Property Taxes

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

Median Ledyard, CT effective property tax rate: 3.46%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%.
Median Ledyard, CT home value: $159,016
Median annual Ledyard, CT tax bill: $5,494, $3,094 higher than the national median property tax bill of $2,400.

How are property taxes in New London calculated?

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

Last Updated March 1, 2025

Ledyard, New London County, Connecticut Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.8%

Estimate Property Tax Bill

$6,119

$5,679

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

Property Tax Rates Across Ledyard, New London County, Connecticut

Local government entities in Connecticut determine tax rates, which can differ significantly within the state. This variation arises because each county annually calculates its necessary budget to deliver services and then divides this by the total value of all taxable property within its area. The resulting figure is the property tax rate. Although votes and legislation play a role in setting tax rates and budgets, this is the fundamental process. In Ledyard, located in New London County, the effective property tax rate is notably higher than the national median of 1.02%. This places a heavier financial burden on property owners compared to many other regions in the U.S. When comparing Ledyard’s effective property tax rate to other cities in Connecticut, it is evident that property owners in this area face some of the highest rates within the state. Despite the variability in tax rates across the state, Ledyard's rate stands out, underscoring the importance for property owners to explore potential avenues for tax appeals or exemptions to mitigate costs.

Property Tax Rates Across Ledyard, New London County, Connecticut

Source: Ownwell

1.45%

2.62%

3.80%

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 Ledyard Tax Rate

3.80%

Median Effective New London County Tax Rate

2.80%

Median Effective Connecticut Tax Rate

3.05%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Ledyard, New London County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
06339	3.80%	3.80%	3.80%	3.80%	3.80%

Source: Ownwell

Property Tax Assessment Values Across Ledyard, New London County, Connecticut

When examining property taxes in Ledyard, Connecticut, 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 London 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 New London 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 Ledyard. For example, the median home price in Ledyard is $159,016, with tax bills ranging significantly across the county. Zip code 06339 has the highest median home price at $159,016.

Property Tax Assessment Values Across Ledyard, New London County, Connecticut

Source: Ownwell

$128,800

$283,745

$438,690

Median Ledyard Market Value

$161,035

Median New London County Market Value

$192,015

Median Connecticut Market Value

$209,000

Median United States Market Value

$235,294

Property Tax Assessment Values Across Ledyard, New London County, Connecticut

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
06339	$91,000	$130,970	$161,035	$210,402	$252,308

Source: Ownwell

Property Tax Bills Across Ledyard, New London County, Connecticut

In Ledyard, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, and local tax rates are set by municipal authorities. Homeowners in Ledyard face property tax bills that can significantly impact their finances. For instance, the property tax bill at the 25th percentile is $4,471, while at the 75th percentile, it reaches $7,178. This variance highlights the importance of understanding how property assessments and local tax rates affect individual tax bills. Compared to the national median property tax bill of $2,400, Ledyard's tax bills are notably higher, which can be a burden for homeowners.

Ownwell offers valuable services to help homeowners reduce their property tax bills. By providing expert assistance in property tax appeals and exemptions, Ownwell can identify potential savings and ensure that homeowners are not overpaying. This support can lead to substantial savings, alleviating the financial strain of high property taxes in Ledyard.

Property Tax Bills Across Ledyard, New London County, Connecticut

Source: Ownwell

$2,693

$7,133

$11,573

Median Ledyard Tax Bill

$6,113

Median New London County Tax Bill

$5,354

Median Connecticut Tax Bill

$6,666

Median United States Tax Bill

$2,400

Property Tax Bills Across Ledyard, New London County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
06339	$3,449	$4,973	$6,113	$7,986	$9,570

Source: Ownwell