Helena, New York Property Taxes
The median property tax rate in Helena, NY is 3.11%, 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 Helena, the typical annual property tax bill reaches $2,458, which is below the national median of $2,690. Property taxes in Helena 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 Helena'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 Helena 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
Helena, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.11%
Estimate Property Tax Bill
$2,498
$2,470
Ownwell’s Helena Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Helena with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Helena 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 Helena, New York
Property taxes in Helena, 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 Helena is 3.11%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Helena set these rates annually, and they can vary significantly across different neighborhoods. Each year, Helena 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 Helena's effective property tax rate to other counties in New York and the national median. For comparison, the 13649 zip code has both the highest and lowest median property tax rate of 3.11%. Understanding how these cities compare with Helena provides valuable insights into the varying tax landscape across St. Lawrence County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Helena Tax Rate
3.11%
Average St. Lawrence County Tax Rate
3.02%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Helena, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13649 | 2.14% | 2.90% | 3.11% | 3.20% | 3.20% |
Source: Ownwell
Property Tax Assessment Values Across Helena, New York
In Helena, 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 St. Lawrence 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 Helena, 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 Helena helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 13649, with a value of $2,458, while the lowest is also 13649, with the same value of $2,458.
Average Helena Assessed Value
$80,314
Average St. Lawrence County Assessed Value
$83,455
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Helena, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13649 | $38,639 | $55,916 | $80,314 | $140,105 | $178,429 |
Source: Ownwell
Property Tax Bills Across Helena, New York
In Helena, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by local assessors who evaluate the property's market value and apply an assessment ratio. For instance, the median home price in Helena is $80,314. The tax rate in St. Lawrence County, where Helena is located, is applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property size, location, and improvements. Homeowners in Helena can expect their property tax bills to vary significantly. For example, the 25th percentile tax bill is $1,808, while the 75th percentile tax bill reaches $4,007. At the 90th percentile, homeowners may pay up to $5,712 annually. This variation in property tax bills can significantly impact homeowners' financial planning, making it crucial to understand the local assessment process and tax rates. Comparing this to the national median property tax rate of 0.99%, homeowners in Helena may find their tax bills relatively higher or lower depending on individual property assessments.
Average Helena Tax Bill
$2,458
Average St. Lawrence County Tax Bill
$2,611
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Helena, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13649 | $1,179 | $1,808 | $2,458 | $4,007 | $5,712 |
Source: Ownwell