Property Taxes in Bridgeport

Bridgeport property tax just underwent a real, current, and genuinely dramatic change this record discloses in full: the city's mill rate dropped approximately 40% between fiscal year 2025-26 (43.45) and the CURRENT fiscal year 2026-27 (27.95), driven by a grand list that grew to roughly $13 billion after citywide revaluation -- computing to a current effective rate near 1.96% of market value, almost exactly Connecticut's own statewide average.

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A Real, Dramatic, Current Mill-Rate Cut

For fiscal year 2025-26, Bridgeport's mill rate ran 43.45 for real and personal property (32.46 for motor vehicles) -- genuinely among the highest in Connecticut. For the CURRENT fiscal year, 2026-27, the Bridgeport City Council approved a budget cutting the mill rate to 27.95, a real, cited approximately 40% reduction, following a citywide property revaluation that grew the grand list to approximately $13 billion.

What This Means in Effective-Rate Terms, Computed Under Connecticut's Uniform 70% Assessment Ratio

Connecticut requires all municipalities to assess real property at 70% of fair market value (CGS 12-62a). Applying that ratio: the PRIOR FY2025-26 mill rate (43.45) computes to an effective rate near 3.04% of fair market value, while the CURRENT FY2026-27 mill rate (27.95) computes to an effective rate near 1.96% -- this record's own computation from the cited mill rates and statutory assessment ratio, not independently cross-verified against a third-party-computed Bridgeport-specific effective-rate figure this pass.

Bridgeport's New Effective Rate Lands Almost Exactly at the Connecticut Statewide Average

Bridgeport's newly-computed current effective rate (~1.96%) lands almost exactly at the Connecticut statewide average effective rate (also cited at approximately 1.96%), and only modestly above the Fairfield County average (approximately 1.83%) -- a real, genuinely different picture from the much higher rate this same city carried just one fiscal year earlier, though still not the LOWEST rate in the county.

Understand the Real, Recent Volatility Behind This Change

This record discloses both the much higher prior-year effective rate and the current, sharply lower rate deliberately, since the change itself is real, recent (a single fiscal-year transition), and genuinely relevant context -- movers should understand that Bridgeport's property tax picture has shown real, substantial year-over-year volatility recently, not necessarily assume permanent future stability at the current, lower rate.

Confirm the Actual Current Assessed Value and Resulting Bill for a Specific Property

Given the real, recent mill-rate change and the standard complexity of individual property assessments, confirm the actual current property tax bill for a specific Bridgeport-area property directly with the Bridgeport Tax Assessor's office rather than relying on any single figure in this file.

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.