Calculator · Towns · Watertown

Litchfield County · 21 of 26 in the county

Watertown property tax

FY2026 mill rate 30.04. Real property is assessed at 70% of fair market value. Statewide rank: 104 of 169 (lowest mill rate is 1).

Mill rate

30.04

$1 per $1,000 assessed

Effective rate

2.10%

Tax ÷ market value

Tax on $1.6M

$33,644.80

$2,803.73 / month

MV mill rate

30.04

Secondary; cap 32.46

Buying in Watertown? A lender PITI estimate should include about $2,803.73/mo of property tax.

Example taxes in Watertown

Market valueAssessed (70%)Annual taxMonthly
$500,000.00 $350,000.00 $10,514.00 $876.17
$1,000,000.00 $700,000.00 $21,028.00 $1,752.33
$1,600,000.00 $1,120,000.00 $33,644.80 $2,803.73
$2,500,000.00 $1,750,000.00 $52,570.00 $4,380.83

Compared with nearby towns

Same $1,600,000 house in Watertown, Thomaston and Woodbury. Open the live calculator to change the price.

On $1.6MWatertownThomastonWoodbury
Mill rate 30.0435.8123.62
Annual tax $33,644.80$40,107.20$26,454.40
Monthly $2,803.73$3,342.27$2,204.53
Vs. lowest +$7,190.40 / yr+$13,652.80 / yrLowest

Formula

annual tax = (fair market value × 0.70 × 30.04) ÷ 1,000

For a $1,000,000 home in Watertown that is $21,028.00 per year before exemptions and special districts.

Confirm with the Watertown 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.