Connecticut vs North Dakota
North Dakota
Property Tax Comparison: Connecticut vs. North Dakota
Intro
According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Connecticut and North Dakota have markedly different property‑tax environments. Connecticut’s effective property‑tax rate is more than double that of North Dakota, while median home values and household incomes also vary between the two states. The following comparison presents the key metrics side by side and identifies which state offers the lower property‑tax burden.
Side‑by‑Side Metrics
| Metric | Connecticut | North Dakota |
|---|---|---|
| Effective property‑tax rate | 1.92 % | 0.99 % |
| Median home value | $343,200 | $241,100 |
| Median annual property tax | $6,575 | $2,392 |
| Tax on a $250,000 home | $4,789 | $2,480 |
| Tax on a $500,000 home | $9,579 | $4,961 |
| Median household income | $93,760 | $75,949 |
Sources: Connecticut property tax and North Dakota property tax.
Which State Wins on Property Taxes?
Winner (lower tax rate): North Dakota
- Rate difference: 0.92 % points (48.21 % lower than Connecticut).
- Annual tax difference on a $250 k home: $2,309.
- Annual tax difference on a $500 k home: $4,618.
Based on the most recent ACS estimates, North Dakota’s effective property‑tax rate of 0.99 % results in substantially lower yearly payments for comparable home values. Connecticut’s higher median home values and higher tax rate combine to produce a median annual property tax more than double that of North Dakota.
Who Is This Comparison Most Relevant For?
| Audience | Relevance of the Comparison |
|---|---|
| Current homeowners | Understanding the ongoing tax burden in each state helps owners evaluate affordability, especially if they are considering relocation. |
| Prospective homebuyers | The data illustrate how property‑tax costs will affect monthly housing expenses for homes priced around $250 k and $500 k. |
| Retirees | Since retirees often rely on fixed incomes, the lower property‑tax rates in North Dakota may offer a more manageable cost of living. |
| Real‑estate investors | Investors can assess the impact of property taxes on cash‑flow projections for rental or resale properties. |
| Policy analysts | The contrasting rates provide a clear example of how state‑level tax policy influences household financial obligations. |
All figures are drawn from the U.S. Census Bureau’s 2023 ACS 5‑year estimates and reflect median values; individual tax bills may vary based on local assessments, exemptions, and specific property characteristics.
Explore More Comparisons
Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.