Calculator · Towns · Prospect

New Haven County · 6 of 27 in the county

Prospect property tax

FY2026 mill rate 25.57. Real property is assessed at 70% of fair market value. Statewide rank: 64 of 169 (lowest mill rate is 1).

Mill rate

25.57

$1 per $1,000 assessed

Effective rate

1.79%

Tax ÷ market value

Tax on $1.6M

$28,638.40

$2,386.53 / month

MV mill rate

25.57

Secondary; cap 32.46

Buying in Prospect? A lender PITI estimate should include about $2,386.53/mo of property tax.

Example taxes in Prospect

Market valueAssessed (70%)Annual taxMonthly
$500,000.00 $350,000.00 $8,949.50 $745.79
$1,000,000.00 $700,000.00 $17,899.00 $1,491.58
$1,600,000.00 $1,120,000.00 $28,638.40 $2,386.53
$2,500,000.00 $1,750,000.00 $44,747.50 $3,728.96

Compared with nearby towns

Same $1,600,000 house in Prospect, Cheshire and Waterbury. Open the live calculator to change the price.

On $1.6MProspectCheshireWaterbury
Mill rate 25.5729.7444.98
Annual tax $28,638.40$33,308.80$50,377.60
Monthly $2,386.53$2,775.73$4,198.13
Vs. lowest Lowest+$4,670.40 / yr+$21,739.20 / yr

Formula

annual tax = (fair market value × 0.70 × 25.57) ÷ 1,000

For a $1,000,000 home in Prospect that is $17,899.00 per year before exemptions and special districts.

Confirm with the Prospect 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.