Waterbury, once the world's brass manufacturing capital, offers some of Connecticut's most affordable home prices in the Naugatuck Valley. The city's high property tax rate means taxes are a large share of the monthly payment relative to the loan amount.
Recommended for incomes above $75k/yr (28% DTI rule)
Waterbury housing market
The 2.85% property tax rate reflects the county-level effective rate for Waterbury and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Connecticut average — county-level data produces more accurate monthly payment estimates for Waterbury buyers. Many Waterbury properties also carry HOA fees — the area average is approximately $100/month, which is not included in the calculator above.
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