Harrison, New York Property Taxes
The median property tax rate in Harrison, NY is 2.02%, 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 Harrison at $883,721, the typical annual property tax bill reaches $16,480, far exceeding the national median of $2,690. Property taxes in Harrison 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 Harrison'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 Harrison 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
Harrison, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.02%
Estimate Property Tax Bill
$17,851
$17,650
$1,148
Average Harrison, New York Tax Savings
Ownwell’s Harrison Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Harrison with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Harrison 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 Harrison. 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 Harrison, New York
Property taxes in Harrison, NY, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Harrison is 2.02%, higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Harrison set these rates annually, and they can vary significantly across different neighborhoods. Each year, Harrison 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 Harrison's effective property tax rate to other counties in New York and the national median. For comparison, the 10528 zip code has the highest median property tax rate of 2.02%, while the same zip code also has the lowest median tax rate of 2.02%. Understanding how these cities compare with Harrison 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 Harrison Tax Rate
2.02%
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 Harrison, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
10528 | 1.67% | 1.89% | 2.02% | 2.02% | 2.02% |
Source: Ownwell
$1,148
Average Harrison Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Harrison, New York
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Harrison, New York. 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 Harrison, 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. For instance, the median home price in Harrison is $883,721. The tax bill for the 25th percentile is $10,987, while for the 75th percentile it is $26,683, and for the 90th percentile, it reaches $39,546. By understanding 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 Harrison helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Harrison Assessed Value
$883,721
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 Harrison, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
10528 | $378,604 | $620,155 | $883,721 | $1,370,155 | $2,031,008 |
Source: Ownwell
$1,148
Average Harrison Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Harrison, New York
Property tax bills in Harrison, Westchester County, NY, are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market conditions influence the assessed value. For instance, with a median home price of $883,721, homeowners in Harrison face substantial tax bills, with a median tax bill of $16,480 in the 10528 zip code. This is significantly higher than the national median property tax rate of 0.99%, reflecting the area's high property values. Homeowners in Harrison can see tax bills ranging from $10,987 at the 25th percentile to $39,546 at the 90th percentile. High property taxes can be a financial burden, but Ownwell can help. By leveraging expert knowledge in property tax appeals and exemptions, Ownwell can assist homeowners in potentially reducing their assessed values and, consequently, their tax bills, providing much-needed financial relief.
Average Harrison Tax Bill
$16,480
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 Harrison, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
10528 | $5,336 | $10,987 | $16,480 | $26,683 | $39,546 |
Source: Ownwell
$1,148
Average Harrison 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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