Mill rate
22.44
$1 per $1,000 assessed
Calculator · Towns · Canaan
Litchfield County · 12 of 26 in the county
Canaan property tax
FY2026 mill rate 22.44. Real property is assessed at 70% of fair market value. Statewide rank: 40 of 169 (lowest mill rate is 1).
Effective rate
1.57%
Tax ÷ market value
Tax on $1.6M
$25,132.80
$2,094.40 / month
MV mill rate
22.44
Secondary; cap 32.46
Buying in Canaan? A lender PITI estimate should include about $2,094.40/mo of property tax.
Example taxes in Canaan
| Market value | Assessed (70%) | Annual tax | Monthly |
|---|---|---|---|
| $500,000.00 | $350,000.00 | $7,854.00 | $654.50 |
| $1,000,000.00 | $700,000.00 | $15,708.00 | $1,309.00 |
| $1,600,000.00 | $1,120,000.00 | $25,132.80 | $2,094.40 |
| $2,500,000.00 | $1,750,000.00 | $39,270.00 | $3,272.50 |
Compared with nearby towns
Same $1,600,000 house in Canaan, North Canaan and Cornwall. Open the live calculator to change the price.
| On $1.6M | Canaan | North Canaan | Cornwall |
|---|---|---|---|
| Mill rate | 22.44 | 24.75 | 15.96 |
| Annual tax | $25,132.80 | $27,720.00 | $17,875.20 |
| Monthly | $2,094.40 | $2,310.00 | $1,489.60 |
| Vs. lowest | +$7,257.60 / yr | +$9,844.80 / yr | Lowest |
Formula
annual tax = (fair market value × 0.70 × 22.44) ÷ 1,000
For a $1,000,000 home in Canaan that is $15,708.00 per year before exemptions and special districts.
Confirm with the Canaan assessor.
Fire districts and other special taxing districts can add mills on top of this municipal rate. Exemptions are not applied here. Think the assessment is too high? See how to appeal a CT property assessment.