Voluntown, New London County, Connecticut Property Taxes

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

Median Voluntown, CT effective property tax rate: 2.78%, significantly higher than the national median of 1.02%, but lower than the Connecticut state median of 3.14%. Median Voluntown, CT home value: $154,015. Median annual Voluntown, CT tax bill: $4,277, $1,877 higher than the national median property tax bill of $2,400. How are property taxes in New London calculated? Property taxes in Voluntown, 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 Voluntown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Voluntown, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Voluntown, New London County, Connecticut Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.92%

Estimate Property Tax Bill

$4,531

$4,205

Ownwell’s Voluntown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Voluntown with just two data points. By entering your property's estimated assessed value, our calculator applies Voluntown’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 Voluntown, New London County, Connecticut

Local government entities set tax rates, which can vary widely within a state. 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 Voluntown’s effective property tax rate to other cities in Connecticut and the median property tax rates in Connecticut and the U.S.

Voluntown, located in New London County, reflects a distinct property tax landscape. With a median property tax rate of 2.78%, it stands significantly above the national median of 1.02%. This higher rate is indicative of the local government's budgetary requirements and the value of taxable properties in the area. The uniformity of the tax rate across the region, with both the highest and lowest median rates at 2.78%, underscores a consistent approach to property taxation. Understanding these rates helps property owners anticipate their tax liabilities and explore potential appeals or exemptions to manage their expenses effectively.

Property Tax Rates Across Voluntown, 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 Voluntown Tax Rate

2.92%

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 Voluntown, New London County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
06384	2.92%	2.92%	2.92%	2.92%	2.92%

Source: Ownwell

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

When examining property taxes in Voluntown, 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 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 Voluntown.

For example, the median home price in Voluntown is $154,015, with tax bills ranging significantly across the county. Zip code 06384 has the highest median home price at $154,015.

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

Source: Ownwell

$128,800

$283,745

$438,690

Median Voluntown Market Value

$155,180

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 Voluntown, New London County, Connecticut

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
06384	$95,280	$118,205	$155,180	$194,670	$241,190

Source: Ownwell

Property Tax Bills Across Voluntown, New London County, Connecticut

In Voluntown, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. In New London County, the median property tax bill is $4,277, significantly higher than the national median of $2,400. This high tax burden can place a considerable financial strain on homeowners. Factors such as changes in the local tax rate, reassessments, and improvements to the property can all influence the tax bill. Homeowners in Voluntown can benefit from appealing their property tax assessments to ensure they are not overpaying. Ownwell offers expert property tax appeal services that can help homeowners potentially reduce their tax bills. By analyzing property data and market trends, Ownwell identifies opportunities for savings, providing peace of mind and financial relief to homeowners facing high property taxes.

Property Tax Bills Across Voluntown, New London County, Connecticut

Source: Ownwell

$2,693

$7,133

$11,573

Median Voluntown Tax Bill

$4,537

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 Voluntown, New London County, Connecticut

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
06384	$2,786	$3,456	$4,537	$5,692	$7,052

Source: Ownwell