Taxes in Stamford, Connecticut
Complete tax guide for Stamford, CT. State income tax up to 6.99%, 1.42% property tax, 6.35% sales tax. Calculate your total tax burden.
State Income Tax
6.99%
Connecticut
Property Tax
1.42%
Effective rate
Sales Tax
6.35%
Combined rate
Tax Burden
Very High
Stamford, CT Tax Overview
NYC commuter city; major financial center
Population
135,470
Median Income
$95,679
Cost of Living
148.6 (100 = avg)
State Income Tax
6.99%
Median Home Price
$580,000
Stamford Tax Calculator
Pre-filled with Stamford median: $95,679
Total Tax Burden in Stamford
$26,671
Take-Home: $69,008 · Effective Rate: 27.88%
Federal Tax
$12,663
13.24% eff.
CT State
$6,688
6.99% eff.
FICA
$7,319
7.65% eff.
Take-Home
$69,008
72.12% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $95,679.00 | $7,973.25 |
| Federal Income Tax | -$12,663.38 | -$1,055.28 |
| Connecticut State Tax | -$6,687.96 | -$557.33 |
| Social Security (6.2%) | -$5,932.10 | -$494.34 |
| Medicare (1.45%) | -$1,387.35 | -$115.61 |
| Take-Home Pay | $69,008.21 | $5,750.68 |
Property Tax in Stamford
Median Home
$580,000
Annual Tax
$8,236
Monthly Tax
$686
Effective Rate
1.42%
Sales Tax in Stamford
Combined Rate
6.35%
State Portion
~3.8%
Local Portion
~2.5%
The combined sales tax rate in Stamford is 6.35%, which is below the national average of 7.12%. On a $100 purchase, you would pay $6.35 in sales tax.
Tax Burden Comparison
| Tax Type | Stamford | Connecticut Avg | National Avg |
|---|---|---|---|
| Income Tax | 6.99% | 6.99% | 4.6% |
| Property Tax | 1.42% | ~1.42% | 1.1% |
| Sales Tax | 6.35% | ~6.35% | 7.12% |
| Overall Burden | Very High | — | Moderate |
Tax Saving Tips for Stamford Residents
- Connecticut's income tax rate of 6.99% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Property tax in Stamford (1.42%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Connecticut
Calculate Your Full Connecticut Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Stamford, CT?
Stamford, Connecticut has a state income tax rate up to 6.99%. The property tax rate is 1.42% and the combined sales tax rate is 6.35%. NYC commuter city; major financial center
How much is property tax in Stamford?
The effective property tax rate in Stamford is 1.42%. On the median home price of $580,000, this equals approximately $8,236 per year or $686 per month. This is above the national average of 1.1%.
What is the sales tax rate in Stamford?
The combined sales tax rate in Stamford is 6.35%, which includes both state and local components. This is below the national average combined rate of approximately 7.12%.
How does Stamford's tax burden compare to other cities?
Stamford has a very high overall tax burden. The effective total tax rate for a median-income household is approximately 36.2%. The combination of 6.99% state income tax, 1.42% property tax, and 6.35% sales tax determines the total burden. Cost of living index is 148.6 (100 = national average).
Are there any local taxes in Stamford?
Stamford does not impose a separate local or city income tax. Residents pay the state income tax of 6.99%, federal income tax, and FICA (Social Security and Medicare). NYC commuter city; major financial center