06704 Property Tax Rate
Waterbury, Connecticut · Part of New Haven County
Effective Tax Rate
2.80%
22.3% below state avgMedian Annual Tax
$5,004
$417/mo escrow
Estimate Your Tax
Annual Tax
$5,004
Monthly
$417
Eff. Rate
2.80%
Buyer decision brief
What ZIP 06704 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$417/mo
Based on median annual tax paid
State context
1.02 percentage points above the Connecticut average
Connecticut average: 1.78%
Data confidence
High confidenceThe Census margin of error is $345, about 7% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with New Haven County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 06704 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$345 tax MOE, 7% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
New Haven County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 06704
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $178,500, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 2.80%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on Connecticut and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $417 per month before insurance, HOA dues, or special assessments.
Assessor verification
New Haven County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 06704 Compares
Median Annual Property Tax
ZIP 06704
2.80%
Effective rate
Connecticut Avg
1.78%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in Connecticut
Higher than 98% of ZIP codes in Connecticut(98th percentile, 272 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 06704
Property owners in ZIP code 06704 (Waterbury, Connecticut) pay a median of $5,004/year in property taxes on homes valued at $178,500. This translates to an effective tax rate of 2.80%, which is 57% above the Connecticut state average of 1.78%.
The monthly property tax burden for a median-valued home in 06704 is approximately $417, which factors into escrow payments on mortgages. This ZIP code is located within New Haven County. This is $1,439 less than the Connecticut average of $6,443/year.
Compared to similar ZIP codes in Connecticut, 06704 has higher property taxes. ZIP codes with similar effective rates include 06514 (2.79%) and 06518 (2.74%).
In Waterbury, property taxes represent approximately 10.5% of the median household income of $47,848, providing context for the relative tax burden on homeowners in this area.
Connecticut has no statewide property tax cap; New Haven County reassesses at market value during regular revaluation cycles (typically every 5 years) and at sale, so your tax bill will reflect your purchase price. File for the Homestead Exemption in your municipality within 30 days of closing; contact the New Haven County Assessor or your town assessor's office for the application. Request a Certificate of Assessment from the assessor to verify your home's assessed value and confirm the deadline for filing an appeal if you believe the assessment is incorrect.
Frequently Asked Questions
What is the property tax rate in ZIP code 06704?
How much are property taxes in Waterbury, CT (06704)?
How does ZIP 06704 compare to the Connecticut average?
What is the median home value in ZIP 06704?
What county is ZIP code 06704 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$345. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 06704 is part of New Haven County, Connecticut. View the full county profile for broader context and more data.
View New Haven County on TaxByCounty →Explore Waterbury, CT
View all 5 ZIP codes in Waterbury with property tax comparisons.
View Waterbury Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 06704
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
06710
Waterbury, CT
0.15 percentage points lower than ZIP 06704.
Rate
2.65%
Tax
$5,817
Quality
101
06478
Oxford, CT
1.39 percentage points lower than ZIP 06704.
Rate
1.41%
Tax
$6,413
Quality
89
06488
Southbury, CT
1.19 percentage points lower than ZIP 06704.
Rate
1.62%
Tax
$6,171
Quality
89
06443
Madison, CT
1.16 percentage points lower than ZIP 06704.
Rate
1.64%
Tax
$8,767
Quality
89
06461
Milford, CT
1.11 percentage points lower than ZIP 06704.
Rate
1.70%
Tax
$6,710
Quality
96
06405
Branford, CT
1.07 percentage points lower than ZIP 06704.
Rate
1.73%
Tax
$6,713
Quality
89
06460
Milford, CT
1.06 percentage points lower than ZIP 06704.
Rate
1.74%
Tax
$6,483
Quality
96
06437
Guilford, CT
1.05 percentage points lower than ZIP 06704.
Rate
1.76%
Tax
$8,630
Quality
89
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.