Bergen, New York Property Taxes
The median property tax rate in Bergen, NY is 3.59%, 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 Bergen, the typical annual property tax bill reaches $5,516, exceeding the national median of $2,690. Property taxes in Bergen 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 Bergen'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 Bergen 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
Bergen, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.59%
Estimate Property Tax Bill
$5,536
$5,473
Ownwell’s Bergen Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Bergen with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Bergen 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 Bergen, New York
Property taxes in Bergen, 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 Bergen is 3.59%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Bergen set these rates annually, and they can vary significantly across different neighborhoods. Each year, Bergen 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 Bergen's effective property tax rate to other counties in New York and the national median. For comparison, the 14416 zip code has the highest median property tax rate of 3.59%, while the lowest median tax rate is also 3.59%, indicating that Bergen's property tax rates are consistent across the board. Understanding how these cities compare with Bergen provides valuable insights into the varying tax landscape across Genesee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Bergen Tax Rate
3.59%
Average Genesee County Tax Rate
3.18%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Bergen, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14416 | 2.78% | 3.28% | 3.59% | 3.80% | 3.90% |
Source: Ownwell
Property Tax Assessment Values Across Bergen, New York
In Bergen, 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 local 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. Assessment notices in Bergen 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 Bergen helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $5516, found in the 14416 zip code.
Average Bergen Assessed Value
$154,200
Average Genesee County Assessed Value
$137,000
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Bergen, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14416 | $56,800 | $110,800 | $154,200 | $190,150 | $250,340 |
Source: Ownwell
Property Tax Bills Across Bergen, New York
Property tax bills in Bergen, Genesee County, NY, are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Bergen, this can result in a significant financial obligation. For instance, the median home price in the area is $154,200, and property tax bills can vary widely. At the 25th percentile, the tax bill is $4,031, while at the 75th percentile, it reaches $6,734. For those at the 90th percentile, the tax bill can be as high as $8,394. This variation is influenced by factors such as property location, home improvements, and changes in the local tax rate. Compared to the national median property tax rate of 0.99%, Bergen's tax rates can be relatively high, placing a considerable burden on homeowners. Understanding these factors is crucial for effectively managing property tax obligations in the region.
Average Bergen Tax Bill
$5,516
Average Genesee County Tax Bill
$4,359
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Bergen, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14416 | $1,493 | $4,031 | $5,516 | $6,734 | $8,394 |
Source: Ownwell