Connecticut

Lake Chaffee

Census-designated place Lake Chaffee is a census-designated place in Connecticut. A census-designated place is an unincorporated community that the Census Bureau defines for statistics; it has no city government of its own.

The median owner-occupied home in Lake Chaffee had a real-estate tax bill of $3,500 (± $845) a year, compared with $6,575 in Connecticut and $2,969 nationwide. The median home value was $252,800 (± $36,112), compared with $343,200 in Connecticut and $303,400 nationwide.

U.S. Census Bureau estimates for Lake Chaffee, Connecticut and the United States, with margins of error
MeasureLake ChaffeeConnecticutUnited States
Population 299 ± 191 3,598,348 332,387,540
Median annual property tax bill (homeowners) $3,500 ± $845 $6,575 ± $28 $2,969 ± $3
Median home value $252,800 ± $36,112 $343,200 ± $1,807 $303,400 ± $362
Median household income $97,813 ± $21,577 $93,760 ± $669 $78,538 ± $176
Property tax as a share of home value (calculated) 1.38% ± 0.39 pointsrough guide only: the margin of error is 28% of the estimate 1.92% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 80.0% ± 21.5 pointsrough guide only: the margin of error is 27% of the estimate 66.2% ± 0.4 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 38.4% ± 18.6 pointsrough guide only: the margin of error is 48% of the estimate 32.3% ± 0.2 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs Too imprecise to report (estimate 19.6%, margin of error ± 35.4 points) 26.5% ± 0.4 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Connecticut

How it works. Municipal tax-warrant sale of real estate

Excess sale money. Sale excess is escrowed during redemption. If not redeemed, municipality may apply amounts to other delinquent taxes/costs and remaining excess is paid to Superior Court clerk under Conn. Gen. Stat. 12-157

These rules are set by Connecticut, not by Lake Chaffee, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Connecticut entry with statute links.

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