Churubusco, New York Property Taxes
The median property tax rate in Churubusco, NY is 1.77%, significantly higher than the national median of 0.99% but lower than the New York state median of 2.39%. With the median home value in Churubusco at $102,550, the typical annual property tax bill amounts to $1,677, which is below the national median of $2,690. Property taxes in Churubusco are calculated based on the assessed value, which often falls below the market value due to exemptions such as those for primary residences and agricultural properties. Understanding Churubusco's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you reside in Churubusco or another part of Clinton County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Churubusco, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.77%
Estimate Property Tax Bill
$1,815
$1,795
Ownwell’s Churubusco Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Churubusco with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Churubusco to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Churubusco, New York
Property taxes in Churubusco, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Churubusco is 1.77%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Churubusco set these rates annually, and they can vary significantly across different neighborhoods. Each year, Churubusco 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 Churubusco's effective property tax rate to other areas in New York and the national median. For comparison, the zip code 12923 has the highest median property tax rate of 1.77%, while the same zip code also has the lowest median tax rate of 1.77%. Understanding how these areas compare with Churubusco 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 Churubusco Tax Rate
1.77%
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 Churubusco, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12923 | 1.32% | 1.32% | 1.77% | 1.77% | 1.77% |
Source: Ownwell
Property Tax Assessment Values Across Churubusco, New York
In Churubusco, 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 Churubusco, 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 Churubusco 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 12923, with a median tax bill of $1677.
Average Churubusco Assessed Value
$102,550
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 Churubusco, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12923 | $40,030 | $58,100 | $102,550 | $140,225 | $184,760 |
Source: Ownwell
Property Tax Bills Across Churubusco, New York
In Churubusco, Clinton County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the tax bill. Various factors, such as property size, location, and market conditions, influence the assessed value. For instance, the median home price in Churubusco is $102,550. Homeowners in Churubusco experience a range of tax bills. The 25th percentile tax bill is $994, while the 75th percentile tax bill reaches $2,316, and the 90th percentile tax bill is $3,201. Compared to the national median property tax rate of 0.99%, these figures indicate how local assessments and rates can significantly impact homeowners. A higher assessed value or an increase in the local tax rate can lead to higher property tax bills, affecting homeowners' annual expenses. Conversely, lower assessments or tax rates can provide some financial relief. Understanding these factors is crucial for homeowners to anticipate their property tax obligations accurately.
Average Churubusco Tax Bill
$1,677
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 Churubusco, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12923 | $588 | $994 | $1,677 | $2,316 | $3,201 |
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 |