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CT Property Taxes Among Nation's Highest, New Study Says: Here's What Homeowners Pay CT Property Taxes Among Nation's Highest, New Study Says: Here's What Homeowners Pay
CT Property Taxes Among Nation's Highest, New Study Says: Here's What Homeowners Pay Many homeowners in the Northeast are paying some of the highest property taxes in the country, with New Jersey topping the list for the largest tax burden, according to a new study. WalletHub released its 2025 list of Property Taxes by State on Tuesday, Feb. 18. The study compared real estate and vehicle property taxes across the US, ranking New Jersey 51st — dead last when counting Washington, DC — for homeownership costs.  Garden State homeowners pay an average of $9,541 in annual property taxes on a median-priced home, more than three times the national average of $2,969. "Som…

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by Chris Spiker
Real Estate
CT One Of Just Two States Showing Significant Decreases In Homeownership Rate Over Five Years CT One Of Just Two States Showing Significant Decreases In Homeownership Rate Over Five Years
CT One Of Just Two States Showing Significant Decreases In Homeownership Rate Over Five Years The average rate of homeownership in Connecticut has dropped significantly over the past five years, according to a new report from the U.S. Census Bureau. Connecticut typically has an above-average rate of homeownership compared to the rest of the country, but the new data found that it is one of two states to show significant declines on that front between 2014 and 2019. During that time span, the ratio of Connecticut owner-occupied households compared to total households in the state dropped 1.4 percent. The only state with a steeper decline was North Dakota at 2.5 percent. The largest …

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by Zak Failla