Clarendon, New York Property Taxes
The median property tax rate in Clarendon, NY is 3.67%, significantly higher than both the national median of 0.99% and New York's state median of 2.39%. With the median home value in Clarendon, the typical annual property tax bill reaches $3,849, exceeding the national median of $2,690. Property taxes in Clarendon 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 Clarendon'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 Clarendon 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
Clarendon, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.67%
Estimate Property Tax Bill
$3,859
$3,815
Ownwell’s Clarendon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clarendon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clarendon 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 Clarendon, New York
Property taxes in Clarendon, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clarendon is 3.67%, significantly higher than the U.S. national median of 0.99%. Local government entities within Clarendon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clarendon 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 Clarendon's effective property tax rate to other counties in New York and the national median. For comparison, the 14429 zip code has the highest median property tax rate of 3.67%, while the same zip code also has the lowest median tax rate of 3.67%. Understanding how these cities compare with Clarendon provides valuable insights into the varying tax landscape across Orleans County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clarendon Tax Rate
3.67%
Average Orleans County Tax Rate
3.38%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clarendon, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14429 | 2.63% | 3.19% | 3.67% | 3.98% | 5.50% |
Source: Ownwell
Property Tax Assessment Values Across Clarendon, New York
In Clarendon, 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 Orleans 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 Clarendon, 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. Clarendon’s median home price is $105,150, with tax bills ranging from $2,068 at the 25th percentile to $7,627 at the 90th percentile. The zip code 14429 holds both the highest and lowest median tax bill at $3,849. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Clarendon Assessed Value
$105,150
Average Orleans County Assessed Value
$108,800
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clarendon, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14429 | $19,900 | $49,025 | $105,150 | $146,800 | $240,090 |
Source: Ownwell
Property Tax Bills Across Clarendon, New York
In Clarendon, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is typically a percentage of the market value, reflecting what the property would sell for under normal conditions. Homeowners in Clarendon experience a range of property tax bills, with the 25th percentile at $2,068 and the 75th percentile at $5,492. The highest median tax bill in the area is $3,849, located in zip code 14429. Several factors influence the tax bill, including the property's location, size, and improvements. Local tax rates, set by various taxing authorities such as school districts and municipalities, are applied to the assessed value to determine the final tax bill. For homeowners, these taxes can significantly impact annual expenses, making it crucial to understand how assessments and rates affect their financial obligations. Clarendon's property tax rates are notably higher than the national median property tax rate of 0.99%, underscoring the importance of accurate property assessments and potential appeals.
Average Clarendon Tax Bill
$3,849
Average Orleans County Tax Bill
$3,855
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Clarendon, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14429 | $941 | $2,068 | $3,849 | $5,492 | $7,627 |
Source: Ownwell