Belleville, New York Property Taxes
The median property tax rate in Belleville, NY is 2.09%, 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 Belleville, the typical annual property tax bill reaches $2,768, just above the national median of $2,690. Property taxes in Belleville 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 Belleville'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 Belleville 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
Belleville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.09%
Estimate Property Tax Bill
$2,750
$2,719
Ownwell’s Belleville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Belleville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Belleville 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 Belleville, New York
Property taxes in Belleville, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Belleville is 2.09%, significantly higher than the U.S. national median of 0.99%. Local government entities within Belleville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Belleville 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 Belleville's effective property tax rate to other areas and the national median. For comparison, the 13611 zip code has both the highest and lowest median property tax rate at 2.09%. Understanding how these cities compare with Belleville provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Belleville Tax Rate
2.09%
Average Jefferson County Tax Rate
1.81%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Belleville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13611 | 1.80% | 2.01% | 2.09% | 2.21% | 2.28% |
Source: Ownwell
Property Tax Assessment Values Across Belleville, New York
In Belleville, 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 Jefferson 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 Belleville, 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 Belleville 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 13611, with a value of $2,768, while the lowest is also 13611, reflecting the same value.
Average Belleville Assessed Value
$131,570
Average Jefferson County Assessed Value
$134,468
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Belleville, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13611 | $85,698 | $97,238 | $131,570 | $182,384 | $214,593 |
Source: Ownwell
Property Tax Bills Across Belleville, New York
In Belleville, located in Jefferson County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and is meant to reflect the market value of the property. The tax rate is then applied to this assessed value to calculate the annual property tax bill. Several factors influence the assessed value, including the size, age, and condition of the property, as well as recent sales of comparable properties in the area. For homeowners in Belleville, the median home price is $131,570. Property tax bills can vary significantly, with the 25th percentile tax bill at $2,089 and the 75th percentile tax bill at $3,577. The 90th percentile tax bill reaches up to $4,284, indicating a wide range of tax burdens depending on property characteristics and assessments. This variation in property tax bills can significantly impact homeowners' finances, making it essential for them to understand how their property is assessed and what their potential tax liability might be.
Average Belleville Tax Bill
$2,768
Average Jefferson County Tax Bill
$2,407
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Belleville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13611 | $1,374 | $2,089 | $2,768 | $3,577 | $4,284 |
Source: Ownwell