Kendall, New York Property Taxes
The median property tax rate in Kendall, NY is 2.04%, 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 Kendall at $155,400, the typical annual property tax bill reaches $3,203, exceeding the national median of $2,690. Property taxes in Kendall 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 Kendall'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 Kendall 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
Kendall, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.04%
Estimate Property Tax Bill
$3,170
$3,134
Ownwell’s Kendall Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kendall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kendall 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 Kendall, New York
Property taxes in Kendall, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kendall is 2.04%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Kendall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kendall 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 Kendall's effective property tax rate to other counties in New York and the national median. For comparison, the 14476 zip code has both the highest and lowest median property tax rate of 2.04%. Understanding how these cities compare with Kendall provides valuable insights into the varying tax landscape across Monroe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kendall Tax Rate
2.04%
Average Monroe County Tax Rate
2.93%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kendall, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14476 | 1.27% | 1.91% | 2.04% | 2.29% | 2.29% |
Source: Ownwell
Property Tax Assessment Values Across Kendall, New York
In Kendall, 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 Monroe 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 Kendall, 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 Kendall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 14476 has the highest median tax bill at $3,203.
Average Kendall Assessed Value
$155,400
Average Monroe County Assessed Value
$167,400
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kendall, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14476 | $97,300 | $110,400 | $155,400 | $182,000 | $215,500 |
Source: Ownwell
Property Tax Bills Across Kendall, New York
In Kendall, property tax bills are determined by assessing the market value of a home and applying the local tax rate to this value. The assessed value is a percentage of the market value, and this figure is then multiplied by the tax rate set by Monroe County. Homeowners in Kendall face varying tax bills based on their property's assessed value. For example, the tax bill for the 25th percentile is $2,060, while the 75th percentile sees a tax bill of $3,913. At the 90th percentile, the tax bill can reach $4,464. Factors such as property improvements, neighborhood developments, and changes in local tax rates can influence the assessed value and, consequently, the tax bill. Compared to the national median property tax rate of 0.99%, Kendall's rates reflect the unique economic conditions and local government funding needs. For homeowners, understanding these factors is crucial as they directly impact annual financial obligations and the overall cost of property ownership in Kendall.
Average Kendall Tax Bill
$3,203
Average Monroe County Tax Bill
$5,200
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Kendall, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14476 | $1,373 | $2,060 | $3,203 | $3,913 | $4,464 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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Monroe Assessment Review Commission | |
Website | app.regrid.com |