Bolton, Tolland County, Connecticut Property Taxes
Last Updated March 1, 2025
Bolton, Tolland County, Connecticut Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.38%
Estimate Property Tax Bill
$7,775
$7,215
Property Tax Rates Across Bolton, Tolland County, Connecticut
Local government entities determine property tax rates, and these can differ significantly within a state. This is because each county annually estimates its necessary budget to deliver services and then divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this process encapsulates the annual routine.
In Bolton, located in Tolland County, the property tax rate is notably higher than both the state and national medians. This elevated rate can impact homeowners who face higher tax bills compared to other regions. The town's effective property tax rate is the highest in the state, which can be a critical factor for potential homebuyers and current residents evaluating their financial commitments.
When you compare Bolton’s property tax rate to other cities in Connecticut and the national median, the disparity is clear. Understanding these differences is crucial for property owners considering tax appeals or exemptions. By being informed about local tax rates, property owners can make better decisions and potentially reduce their tax burden.
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 Bolton Tax Rate
4.38%
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 Tolland County Tax Rate
3.34%
Median Effective Connecticut Tax Rate
3.14%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bolton, Tolland County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06043 | 4.38% | 4.38% | 4.38% | 4.38% | 4.38% |
Source: Ownwell
Property Tax Assessment Values Across Bolton, Tolland County, Connecticut
When examining property taxes in Bolton, 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 Tolland 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 Tolland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Bolton. For example, the median home price in Bolton is $177,500, with tax bills ranging significantly across the county. Zip code 06043 has the highest median home price at $177,500.
Property Tax Assessment Values Across Bolton, Tolland County, Connecticut
Source: Ownwell
$24,150
$116,673
$209,195
Median Bolton Market Value
$177,500
Median Tolland County Market Value
$164,900
Median Connecticut Market Value
$189,900
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bolton, Tolland County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06043 | $109,000 | $137,500 | $177,500 | $230,200 | $294,100 |
Source: Ownwell
Property Tax Bills Across Bolton, Tolland County, Connecticut
In Bolton, CT, property tax bills are determined by the assessed value of a home. The town uses a mill rate, which is applied to the assessed value to calculate the annual tax bill. Factors such as location, property size, and market trends influence the assessed value. Homeowners in Bolton face significant tax bills, with the median being $7,778, considerably higher than the national median of $2,400. This places a financial burden on homeowners, as a substantial portion of their income goes towards property taxes.
Ownwell can help alleviate this burden by providing expert property tax appeal services. By reviewing your property’s assessed value and comparing it with similar properties, Ownwell identifies discrepancies and files appeals to reduce your tax bill. With a deep understanding of local tax regulations and market conditions, Ownwell ensures homeowners pay only their fair share. This service not only saves money but also offers peace of mind, knowing that your property taxes are being managed effectively.
Median Bolton Tax Bill
$7,778
Median Tolland County Tax Bill
$5,464
Median Connecticut Tax Bill
$6,162
Median United States Tax Bill
$2,400
Property Tax Bills Across Bolton, Tolland County, Connecticut
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 06043 | $4,737 | $6,010 | $7,778 | $10,087 | $12,887 |
Source: Ownwell