Frontenac, New York Property Taxes
The median property tax rate in Frontenac, NY is 1.81%, 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 Frontenac, the typical annual property tax bill reaches $7,755, exceeding the national median of $2,690. Property taxes in Frontenac 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 Frontenac'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 Frontenac or another part of Jefferson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Frontenac, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.81%
Estimate Property Tax Bill
$7,777
$7,689
Ownwell’s Frontenac Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Frontenac with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Frontenac 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 Jefferson County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Frontenac, New York
Property taxes in Frontenac, 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 Frontenac is 1.81%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Frontenac set these rates annually, and they can vary significantly across different neighborhoods. Each year, Frontenac 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 Frontenac's effective property tax rate to other counties in New York and the national median. For comparison, the 13624 zip code has both the highest and lowest median property tax rate in Jefferson County at 1.81%. Understanding how these cities compare with Frontenac 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 Frontenac Tax Rate
1.81%
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 Frontenac, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13624 | 1.81% | 1.81% | 1.81% | 1.81% | 1.81% |
Source: Ownwell
Property Tax Assessment Values Across Frontenac, New York
In Frontenac, 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 Frontenac, 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. The median home price in Frontenac is $429,643, with tax bills ranging from $6,604 at the 25th percentile to $14,023 at the 90th percentile. The zip code with both the highest and lowest median tax bill is 13624, at $7,755. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Frontenac Assessed Value
$429,643
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 Frontenac, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13624 | $280,833 | $365,834 | $429,643 | $538,393 | $776,881 |
Source: Ownwell
Property Tax Bills Across Frontenac, New York
In Frontenac, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $429,643, homeowners in Frontenac can expect their tax bills to vary significantly. The tax bill at the 25th percentile is around $6,604, while at the 75th percentile, it reaches approximately $9,718. Those at the 90th percentile see tax bills as high as $14,023. These figures show that property taxes in Frontenac can be considerably higher than the national median property tax rate of 0.99%. This can have a substantial impact on homeowners, influencing decisions about buying, selling, or maintaining a property. High property taxes can also affect the overall cost of living, making it essential for potential homeowners to consider these expenses when evaluating their budgets.
Average Frontenac Tax Bill
$7,755
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 Frontenac, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13624 | $5,069 | $6,604 | $7,755 | $9,718 | $14,023 |
Source: Ownwell