Altona, New York Property Taxes
The median property tax rate in Altona, NY is 2.46%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Altona, the typical annual property tax bill reaches $1,920, exceeding the national median of $2,690. Property taxes in Altona are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Altona's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Altona or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Altona, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.46%
Estimate Property Tax Bill
$1,990
$1,968
Ownwell's Altona Property Tax Bill Calculator is a valuable tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes with just two data points. Simply input your property's estimated assessed value, and the calculator will apply the median tax rate in Altona to provide an estimate of your property tax bill. This tool offers a clear understanding of your potential tax liabilities. For those looking to delve deeper into neighborhood-specific trends, additional localized information is available below. Your property's assessed value is determined by Clinton County for tax calculations and includes any applicable exemptions.
Property Tax Rates Across Altona, New York
Property taxes in Altona, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Altona is 2.46%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Altona set these rates annually, and they can vary significantly across different neighborhoods. Each year, Altona estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Altona's effective property tax rate to other counties in New York and the national median. For comparison, the 12910 zip code has the highest median property tax rate of 2.46%, while the same zip code also has the lowest median tax rate of 2.46%. Understanding how these cities compare with Altona provides valuable insights into the varying tax landscape across Clinton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Altona Tax Rate
2.46%
Average Clinton County Tax Rate
2.57%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Altona, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12910 | 2.30% | 2.46% | 2.46% | 2.49% | 2.49% |
Source: Ownwell
Property Tax Assessment Values Across Altona, New York
In Altona, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Clinton County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Altona, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Altona helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 12910 at $1920, which is also the lowest.
Average Altona Assessed Value
$80,900
Average Clinton County Assessed Value
$146,700
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Altona, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12910 | $24,280 | $40,550 | $80,900 | $135,000 | $193,420 |
Source: Ownwell
Property Tax Bills Across Altona, New York
In Altona, NY, located in Clinton County, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is a percentage of the market value of the property, determined by the local assessor. This value is then multiplied by the tax rate to determine the annual tax bill. For homeowners in Altona, the median home price stands at $80,900. Property tax bills can vary significantly, with the 25th percentile tax bill at $963 and the 75th percentile reaching $3,249. The 90th percentile tax bill can go up to $4,680, reflecting the variability in property values and individual assessments. Compared to the national median property tax rate of 0.99%, homeowners in Altona may experience different rates based on specific local regulations and assessments. Understanding these factors is crucial for homeowners as property taxes can significantly impact annual expenses and long-term financial planning.
Average Altona Tax Bill
$1,920
Average Clinton County Tax Bill
$3,822
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Altona, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12910 | $580 | $963 | $1,920 | $3,249 | $4,680 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Clinton Assessment Review Commission | |
| Website | clinco.maps.arcgis.com |