More Affordable Taxes

tax cut The personal and real property tax mill rate is lower in New Milford than Connecticut communities like Newtown, Torrington and Waterbury, making New Milford a strong choice for Connecticut companies looking to lower their tax liabilities.

Mill rate real & personal property

New Milford: 28.68
Newtown: 34.76

Source: https://profiles.ctdata.org (2024)

Torrington: 45.00
Waterbury: 45.00

Contact the Office of Economic Development for more information.

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More Affordable Taxes

The personal and real property tax mill rate is lower in New Milford than Connecticut communities like Torrington, Waterbury, and Newtown making New Milford a strong choice for Connecticut companies looking to lower their tax liabilities.

Local Business Focus

New Milford takes pride in its large percentage of small, independent businesses with a local focus.

Competitive Cost-Per-Square-Foot

New Milford offers businesses a regionally competitive cost-per-square-foot advantage, making it an economically attractive location.