Orangeburg, New York Property Taxes
The median property tax rate in Orangeburg, NY is 1.17%, which is considerably higher than the national median of 0.99% but lower than the New York state median of 2.39%. With a median home value in Orangeburg of $523,479, the typical annual property tax bill reaches $6,586, far exceeding the national median of $2,690. Property taxes in Orangeburg are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Orangeburg'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 Orangeburg 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
Orangeburg, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.17%
Estimate Property Tax Bill
$6,125
-$64,187
Ownwell’s Orangeburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Orangeburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Orangeburg 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 Orangeburg, New York
Property taxes in Orangeburg, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Orangeburg is 1.17%, higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Orangeburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Orangeburg 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 Orangeburg's effective property tax rate to other counties in New York and the national median. For comparison, the 10962 zip code has the highest median property tax rate of 1.17%, while the 10962 zip code also has the lowest median tax rate of 1.17%. Understanding how these areas compare with Orangeburg provides valuable insights into the varying tax landscape across Rockland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Orangeburg Tax Rate
1.17%
Average Rockland County Tax Rate
9.36%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Orangeburg, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
10962 | 1.01% | 1.09% | 1.17% | 2.32% | 2.32% |
Source: Ownwell
Property Tax Assessment Values Across Orangeburg, New York
In Orangeburg, 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 Rockland 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 Orangeburg, 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. For instance, the median home price in Orangeburg is $523,479, with tax bills ranging from $5,535 at the 25th percentile to $13,935 at the 90th percentile. The highest and lowest median tax bills, both at $6,586, are found in zip code 10962. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to manage the tax burden effectively.
Property Tax Assessment Values Across Orangeburg, New York
Source: Ownwell
$102,000
$4,272,452
$8,442,903
Average Orangeburg Assessed Value
$523,479
Average Rockland County Assessed Value
$130,400
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Orangeburg, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
10962 | $362,646 | $460,245 | $523,479 | $628,068 | $779,554 |
Source: Ownwell
Property Tax Bills Across Orangeburg, New York
Property tax bills in Orangeburg, Rockland County, NY, are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is a percentage of the market value of the home. Homeowners in Orangeburg face property tax bills that vary significantly; for example, the 25th percentile tax bill is around $5,535, while the 75th percentile is approximately $10,790, and the 90th percentile reaches up to $13,935. These figures highlight the range of tax burdens depending on property values and other factors. The tax rate in Orangeburg is influenced by the local government's budgetary needs and the total assessed value of all properties within the jurisdiction. Compared to the national median property tax rate of 0.99%, Orangeburg's property tax rates can be considerably higher, impacting homeowners' annual expenses. These taxes fund essential community services such as schools, public safety, and infrastructure, directly affecting the quality of life in the area.
Average Orangeburg Tax Bill
$6,586
Average Rockland County Tax Bill
$10,993
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Orangeburg, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
10962 | $4,423 | $5,535 | $6,586 | $10,790 | $13,935 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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Rockland Assessment Review Commission | |
Website | app.regrid.com |