Hogansburg, New York Property Taxes
The median property tax rate in Hogansburg, 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 Hogansburg, the typical annual property tax bill reaches $2,270, slightly below the national median of $2,690. Property taxes in Hogansburg 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 Hogansburg'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 Hogansburg 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
Hogansburg, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.11%
Estimate Property Tax Bill
$2,333
$2,306
Ownwell’s Hogansburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hogansburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hogansburg 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 Hogansburg, New York
Property taxes in Hogansburg, New York, are essential for funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Hogansburg 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 Hogansburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hogansburg 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 Hogansburg's effective property tax rate to other counties in New York and the national median. For comparison, the 13655 zip code has the highest median property tax rate of 3.11%, while the same zip code also has the lowest median tax rate of 3.11%. Understanding how these cities compare with Hogansburg 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 Hogansburg 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 Hogansburg, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13655 | 3.03% | 3.03% | 3.11% | 3.11% | 3.11% |
Source: Ownwell
Property Tax Assessment Values Across Hogansburg, New York
In Hogansburg, 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 Hogansburg, 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. The zip code 13655 has the highest median tax bill at $2,270, which is significantly above the national median property tax rate of 0.99%. Being aware of these valuation processes in Hogansburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Hogansburg Assessed Value
$75,000
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 Hogansburg, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13655 | $26,817 | $30,761 | $75,000 | $106,283 | $120,733 |
Source: Ownwell
Property Tax Bills Across Hogansburg, New York
In Hogansburg, located in St. Lawrence County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local tax assessor and is intended to reflect the market value of the property. Once the assessed value is established, it is multiplied by the tax rate set by local taxing authorities to determine the annual property tax bill. For homeowners in Hogansburg, the median home price is $75,000. Property tax bills can vary significantly, with the 25th percentile tax bill at $931, and the 75th percentile reaching $3,307. At the 90th percentile, homeowners might see tax bills as high as $3,757. These figures highlight the range of property tax burdens in the area, influenced by factors such as property size, location, and improvements. High property taxes can impact homeowners by increasing the cost of ownership, potentially affecting affordability and long-term financial planning.
Average Hogansburg Tax Bill
$2,270
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 Hogansburg, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13655 | $824 | $931 | $2,270 | $3,307 | $3,757 |
Source: Ownwell