Circleville, New York Property Taxes
The median property tax rate in Circleville, NY is 2.52%, 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 Circleville at $300,900, the typical annual property tax bill reaches $7,375, exceeding the national median of $2,690. Property taxes in Circleville 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 Circleville'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 Circleville 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
Circleville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.52%
Estimate Property Tax Bill
$7,583
$7,497
Ownwell’s Circleville Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Circleville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Circleville 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 Circleville, New York
Property taxes in Circleville, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Circleville is 2.52%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Circleville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Circleville 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 Circleville's effective property tax rate to other counties in New York and the national median. For comparison, the 10919 zip code has the highest median property tax rate of 2.52%, while the same 10919 zip code also has the lowest median tax rate of 2.52%. Understanding how these cities compare with Circleville provides valuable insights into the varying tax landscape across Orange County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Circleville Tax Rate
2.52%
Average Orange County Tax Rate
2.78%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Circleville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10919 | 2.44% | 2.51% | 2.52% | 2.52% | 2.53% |
Source: Ownwell
Property Tax Assessment Values Across Circleville, New York
In Circleville, 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 Orange 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 Circleville, 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 Circleville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Circleville is $7,375 in the 10919 zip code, while the lowest median tax bill is also $7,375 in the same zip code.
Average Circleville Assessed Value
$300,900
Average Orange County Assessed Value
$278,100
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Circleville, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10919 | $180,520 | $223,500 | $300,900 | $425,400 | $492,380 |
Source: Ownwell
Property Tax Bills Across Circleville, New York
In Circleville, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the tax rate set by various taxing authorities, including the county and school districts. For homeowners, several factors are considered when determining the tax bill, such as property size, location, and any applicable exemptions. In Orange County, where Circleville is located, the median home price is $300,900. Homeowners in the 25th percentile can expect a tax bill around $5,593, while those in the 75th percentile may see bills as high as $10,683. At the 90th percentile, tax bills can reach $12,268. Compared to the national median property tax rate of 0.99%, the rates in Circleville are notably higher, which can significantly impact homeowners' finances. Understanding these factors helps residents anticipate their annual property tax expenses and plan accordingly.
Average Circleville Tax Bill
$7,375
Average Orange County Tax Bill
$7,888
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Circleville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10919 | $4,290 | $5,593 | $7,375 | $10,683 | $12,268 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Orange Assessment Review Commission | |
| Website | gis.orangecountygov.com |