Rouses Point, New York Property Taxes
The median property tax rate in Rouses Point, NY is 2.79%, 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 Rouses Point, the typical annual property tax bill reaches $4,277, exceeding the national median of $2,690. Property taxes in Rouses Point 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 Rouses Point'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 Rouses Point 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
Rouses Point, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.79%
Estimate Property Tax Bill
$4,380
$4,331
Ownwell’s Rouses Point Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rouses Point with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rouses Point 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 Rouses Point, New York
Property taxes in Rouses Point, New York, are essential for funding critical local services such as public schools, road maintenance, and emergency services. The median tax rate in Rouses Point is 2.79%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Rouses Point set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rouses Point 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 Rouses Point's effective property tax rate to other counties in New York and the national median. For comparison, the 12979 zip code has the highest median property tax rate of 2.79%, while the same zip code also has the lowest median tax rate of 2.79%. Understanding how these cities compare with Rouses Point 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 Rouses Point Tax Rate
2.79%
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 Rouses Point, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12979 | 2.58% | 2.72% | 2.79% | 2.79% | 2.79% |
Source: Ownwell
Property Tax Assessment Values Across Rouses Point, New York
In Rouses Point, 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 Rouses Point, 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 Rouses Point helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price is $157,000, with tax bills ranging from $3,199 at the 25th percentile to $7,426 at the 90th percentile. The zip code 12979 has the highest and lowest median tax bill at $4,277.
Average Rouses Point Assessed Value
$157,000
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 Rouses Point, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12979 | $82,090 | $117,975 | $157,000 | $211,850 | $268,840 |
Source: Ownwell
Property Tax Bills Across Rouses Point, New York
In Rouses Point, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in the area is $157,000. Property taxes are then applied to this assessed value using the local tax rate. Factors such as property size, location, and improvements can influence the assessed value, leading to variations in tax bills. Homeowners in Rouses Point can expect tax bills that range significantly. For instance, the 25th percentile tax bill is around $3,199, while the 75th percentile reaches $5,772. At the 90th percentile, tax bills can be as high as $7,426. These figures are notably higher than the national median property tax rate of 0.99%. For residents, this means that property taxes can represent a significant portion of their annual expenses, impacting their overall financial planning. Understanding these factors can help homeowners anticipate their tax obligations and manage their budgets more effectively.
Average Rouses Point Tax Bill
$4,277
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 Rouses Point, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12979 | $2,196 | $3,199 | $4,277 | $5,772 | $7,426 |
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 |