Argyle, New York Property Taxes
The median property tax rate in Argyle, NY is 2.41%, 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 Argyle, the typical annual property tax bill reaches $4,178, exceeding the national median of $2,690. Property taxes in Argyle 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 Argyle'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 Argyle 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
Argyle, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.41%
Estimate Property Tax Bill
$4,203
$4,156
Ownwell’s Argyle Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Argyle with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Argyle 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 Argyle, New York
Property taxes in Argyle, 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 Argyle is 2.41%, significantly higher than the U.S. national median of 0.99%. Local government entities within Argyle set these rates annually, and they can vary across different neighborhoods. Each year, Argyle 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. Understanding how Argyle's effective property tax rate compares to other areas provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Argyle Tax Rate
2.41%
Average Washington County Tax Rate
2.41%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Argyle, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12809 | 2.26% | 2.41% | 2.41% | 2.41% | 2.51% |
Source: Ownwell
Property Tax Assessment Values Across Argyle, New York
In Argyle, 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 Washington 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. 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 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 12809, with a bill of $4,178.
Average Argyle Assessed Value
$174,400
Average Washington County Assessed Value
$158,585
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Argyle, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12809 | $67,020 | $115,600 | $174,400 | $237,625 | $305,360 |
Source: Ownwell
Property Tax Bills Across Argyle, New York
In Argyle, Washington 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 local assessors and is intended to reflect the market value of the property. Homeowners in Argyle face a median tax rate higher than the national average of 0.99%. To calculate the tax bill, the assessed value is multiplied by the local tax rate. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. For instance, the median home price in Argyle is $174,400, resulting in varying tax bills. Homeowners in the 25th percentile pay around $2,739, while those in the 75th percentile pay approximately $5,719. At the 90th percentile, the tax bill can soar to $7,226, indicating significant variability based on property value. These property taxes fund essential community services such as public schools, emergency services, and infrastructure, directly impacting the quality of life for residents. Higher tax bills can be a financial burden, but they also contribute to maintaining and improving local amenities.
Average Argyle Tax Bill
$4,178
Average Washington County Tax Bill
$3,943
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Argyle, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12809 | $1,541 | $2,739 | $4,178 | $5,719 | $7,226 |
Source: Ownwell