Taxes in Milford
Milford's tax picture combines a real, moderate property tax burden with Connecticut's own real, graduated state income tax.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreA real, moderate property tax rate
Milford's own FY2025-2026 municipal mill rate ran 29.55, up from 29.14 the prior year -- combined with Connecticut's 70% assessment ratio, this implies an effective rate near 2.07%, modestly above the state's own average of roughly 1.8%-2.0%.
Connecticut's real, graduated income tax
Connecticut's top marginal state income tax rate runs a real, current 6.99%, with no local income tax anywhere in the state.
A real Social Security exemption for most retirees
Social Security benefits are genuinely exempt from Connecticut state income tax for single filers with AGI under $75,000 and joint filers under $100,000, with a partial exemption above those thresholds.
Key takeaways
- Milford's own effective property tax rate (~2.07%) runs modestly above Connecticut's statewide average.
- Connecticut's top income tax rate (6.99%) applies statewide, with no local income tax anywhere.
- Social Security is genuinely exempt below the state's AGI thresholds.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Milford overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert