Ellenburg Depot, New York Property Taxes
The median property tax rate in Ellenburg Depot, 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 Ellenburg Depot, the typical annual property tax bill reaches $3,072, exceeding the national median of $2,690. Property taxes in Ellenburg Depot 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 Ellenburg Depot'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 Ellenburg Depot 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
Ellenburg Depot, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.46%
Estimate Property Tax Bill
$3,079
$3,044
Ownwell’s Ellenburg Depot Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellenburg Depot with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellenburg Depot 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 Ellenburg Depot, New York
Property taxes in Ellenburg Depot, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellenburg Depot 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 Ellenburg Depot set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellenburg Depot 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 Ellenburg Depot's effective property tax rate to other counties in New York and the national median. For comparison, the 12935 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 Ellenburg Depot 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 Ellenburg Depot 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 Ellenburg Depot, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12935 | 2.30% | 2.30% | 2.46% | 2.57% | 2.76% |
Source: Ownwell
Property Tax Assessment Values Across Ellenburg Depot, New York
In Ellenburg Depot, 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 Ellenburg Depot, 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 Ellenburg Depot helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 12935 has the highest median tax bill at $3,072, while the lowest median tax bill is also in the same zip code at $3,072.
Property Tax Assessment Values Across Ellenburg Depot, New York
Source: Ownwell
$10,000
$165,450
$320,900
Average Ellenburg Depot Assessed Value
$125,150
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 Ellenburg Depot, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12935 | $35,500 | $72,975 | $125,150 | $188,000 | $271,470 |
Source: Ownwell
Property Tax Bills Across Ellenburg Depot, New York
In Ellenburg Depot, Clinton County, NY, property tax bills are calculated based on the assessed value of a property. The local tax assessor determines this value, which is meant to reflect the property's market value. Homeowners in Ellenburg Depot face property tax bills that can vary significantly. For instance, the 25th percentile tax bill is around $1,742, while the 75th percentile tax bill reaches $4,629. High-value properties face even steeper taxes, with the 90th percentile tax bill soaring to $6,599. Several factors influence these tax bills, including the property's location, size, and condition. When compared to the national median property tax rate of 0.99%, Ellenburg Depot's tax rates can be quite impactful on homeowners' finances. The highest median tax bill in the area is $3,072, which is substantial compared to other regions. These taxes fund essential public services like schools, infrastructure, and emergency services, making them a crucial aspect of community development.
Average Ellenburg Depot Tax Bill
$3,072
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 Ellenburg Depot, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12935 | $793 | $1,742 | $3,072 | $4,629 | $6,599 |
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 |