Brewster, New York Property Taxes
The median property tax rate in Brewster, NY is 2.63%, 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 Brewster, the typical annual property tax bill reaches $3,920, exceeding the national median of $2,690. Property taxes in Brewster 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 Brewster'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 Brewster 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
Brewster, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.63%
Estimate Property Tax Bill
$3,778
$3,735
$1,148
Average Brewster, New York Tax Savings
Ownwell’s Brewster Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brewster with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brewster to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Brewster. 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 Brewster, New York
Property taxes in Brewster, 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 Brewster is 2.63%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Brewster set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brewster 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 Brewster's effective property tax rate to other counties in New York and the national median. For comparison, the 10509 ZIP code has the highest median property tax rate of 2.63%, while the same ZIP code also has the lowest median tax rate of 2.63%. Understanding how these areas compare with Brewster provides valuable insights into the varying tax landscape across Westchester County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brewster Tax Rate
2.63%
Average Westchester County Tax Rate
2.29%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brewster, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10509 | 1.46% | 1.84% | 2.63% | 3.51% | 3.74% |
Source: Ownwell
$1,148
Average Brewster Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Brewster, New York
In Brewster, NY, 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 Westchester 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 Brewster, 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. Brewster's highest and lowest median tax bills are found in the 10509 zip code, both at $3,920. 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 Brewster helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Brewster Assessed Value
$143,650
Average Westchester County Assessed Value
$589,473
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brewster, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10509 | $94,190 | $121,025 | $143,650 | $192,325 | $261,800 |
Source: Ownwell
$1,148
Average Brewster Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Brewster, New York
In Brewster, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The tax rate is then applied to this assessed value to determine the annual property tax bill. Factors such as market conditions, property improvements, and neighborhood trends can influence the assessed value. For example, with a median home price of $143,650, homeowners in Brewster can expect varying tax bills, ranging from $2,394 at the 25th percentile to $7,261 at the 90th percentile. Comparatively, the national median property tax rate is 0.99%, making Brewster's tax rates notably higher. High property taxes can significantly impact homeowners, straining budgets and affecting the overall cost of living. Ownwell helps homeowners save on their property tax bills by providing expert property tax appeal and exemption services. By leveraging local market knowledge and legal expertise, Ownwell can identify discrepancies in assessed values and work to reduce tax liabilities, ensuring homeowners pay only their fair share.
Average Brewster Tax Bill
$3,920
Average Westchester County Tax Bill
$12,812
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Brewster, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10509 | $1,885 | $2,394 | $3,920 | $5,912 | $7,261 |
Source: Ownwell
$1,148
Average Brewster Tax Savings
Save on your property taxes & more with Ownwell.
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Dates |
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Links | |
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| Westchester Assessment Review Commission | |
| Website | giswww.westchestergov.com |
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