Connecticut Income Tax
Connecticut has a progressive income tax with rates ranging from 3-6.99%. Lower income earners pay the lower rate, with the top rate applying to the highest bracket.
Connecticut Sales Tax
The state sales tax rate in Connecticut is 6.35%. With an average local sales tax of 0%, the combined average sales tax rate is 6.35%.
Connecticut Property Tax
The effective property tax rate in Connecticut is 2.15%. With a median home value of $313,500, the median annual property tax bill is $7,395 ($616/month).
Property taxes in Connecticut are significantly higher than the national average, which is an important factor for homebuyers.
Corporate & Business Taxes
The corporate tax rate in Connecticut is 7.5%.
Other Taxes in Connecticut
| Tax Type | Rate / Amount |
|---|---|
| Gas Excise Tax | $0.25/gallon |
| Cigarette Tax | $4.35/pack |
| Estate Tax | Yes |
| Inheritance Tax | No |
Key Facts
Very high property taxes. Estate tax applies to estates over $13.61M. No local sales tax.
Compare to Other States
See how salaries compare on our average salary in Connecticut page. Thinking about starting a business? Check our LLC guide for Connecticut. See the current minimum wage in Connecticut.
Financial Calculators
Plan your finances in Connecticut with our free tools:
- Paycheck Calculator — estimate take-home pay after taxes
- Salary Calculator — convert hourly to annual pay
- Mortgage Calculator — estimate monthly home payments
- Home Affordability Calculator — see how property taxes affect what you can afford