Living in Ledyard, CT

New London County

Ledyard is a New London County town in eastern Connecticut's 'Quiet Corner,' real home to Foxwoods Resort Casino -- one of the largest resort casinos in the Western Hemisphere, sited on the Mashantucket Pequot Reservation and owned and operated by the federally recognized Mashantucket Pequot Tribal Nation. Foxwoods is a real, major regional employer with approximately 7,000-8,000 employees, generating roughly $400 million in annual wages and accounting for a substantial share of Ledyard's local economy. Ledyard's population (approximately 15,575, 2024 estimate) and median household income (approximately $111,564) both run genuinely above Connecticut's statewide medians. Ledyard's housing carries a real, disclosed cross-source spread: Zillow's home-value index runs approximately $423,345 (+7.3% year-over-year), against a higher Realtor.com figure (approximately $464,900) and a lower RealtyTrac estimate (approximately $408,837). Ledyard's own mill rate (37.14 for FY2025-2026) runs above Connecticut's statewide average, producing a computed effective property tax rate of approximately 2.60% of market value -- above the state's own 1.81% statewide average. Ledyard carries Connecticut's genuine statewide nor'easter risk plus real, inland-attenuated hurricane exposure.

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Housing

Median sale price$423,345

Taxes

Local effective property tax rate2.60%

Not independently sourced at the New London County level this session. Connecticut's top state income tax rate is 6.99%. See the Connecticut hub page for the statewide property tax context -- do not treat that figure as Ledyard-specific.

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The tradeoffs

Pros

A real, genuinely unusual economic anchor in Foxwoods Resort Casino -- a major regional employer with thousands of jobs in a town of modest size; above-state-median household income; and genuine proximity to eastern Connecticut's broader maritime/defense job market (Groton's Electric Boat and Naval Submarine Base New London) just outside Ledyard's own borders.

Cons

A real, disclosed housing cross-source spread to confirm directly; an above-statewide-average mill rate producing a computed 2.60% effective property tax rate; Connecticut's statewide 6.99% top income tax rate and genuinely rising homeowners-insurance costs; and a real, inland-attenuated hurricane/tropical-storm exposure alongside statewide nor'easter risk.

Who this fits

Best for: Best fits movers drawn to Foxwoods' real, large-scale casino-resort employment base or eastern Connecticut's broader maritime/defense job market, comfortable with an above-average local property tax burden.

Maybe not for you if: Probably not the right fit for movers prioritizing the lowest possible property tax burden -- Ledyard's own 37.14 mill rate and computed 2.60% effective rate run genuinely above Connecticut's statewide average, even alongside the real, distinctive economic opportunity Foxwoods provides.

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Last reviewed: 2026-08-27. Independent research; see individual metric entries above for source attribution. This is not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.