Stuyvesant Falls, New York Property Taxes
The median property tax rate in Stuyvesant Falls, NY is 2.11%, 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 Stuyvesant Falls at $211,392, the typical annual property tax bill reaches $4,301, exceeding the national median of $2,690. Property taxes in Stuyvesant Falls 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 Stuyvesant Falls' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Stuyvesant Falls 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
Stuyvesant Falls, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.11%
Estimate Property Tax Bill
$4,460
$4,410
Ownwell’s Stuyvesant Falls Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stuyvesant Falls with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stuyvesant Falls 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 Stuyvesant Falls, New York
Property taxes in Stuyvesant Falls, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Stuyvesant Falls is 2.11%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Stuyvesant Falls set these rates annually, and they can vary significantly across different neighborhoods. Each year, Stuyvesant Falls 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 Stuyvesant Falls' effective property tax rate to other areas in New York and the national median. For comparison, the zip code 12174 has the highest median property tax rate of 2.11%, while the same zip code also represents the lowest median tax rate of 2.11%. Understanding how these areas compare with Stuyvesant Falls provides valuable insights into the varying tax landscape across Columbia County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Stuyvesant Falls Tax Rate
2.11%
Average Columbia County Tax Rate
1.71%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Stuyvesant Falls, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12174 | 1.97% | 2.09% | 2.11% | 2.11% | 2.11% |
Source: Ownwell
Property Tax Assessment Values Across Stuyvesant Falls, New York
In Stuyvesant Falls, 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 Columbia County Assessment Office 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 Stuyvesant Falls, 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. The median home price in Stuyvesant Falls is $211,392, with the 25th percentile tax bill at $3,580 and the 75th percentile at $5,316. The highest and lowest median tax bills are both $4,301 in zip code 12174. 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 Stuyvesant Falls helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Stuyvesant Falls, New York
Source: Ownwell
$92,593
$270,729
$448,864
Average Stuyvesant Falls Assessed Value
$211,392
Average Columbia County Assessed Value
$284,810
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Stuyvesant Falls, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12174 | $133,165 | $174,050 | $211,392 | $251,899 | $348,860 |
Source: Ownwell
Property Tax Bills Across Stuyvesant Falls, New York
Property tax bills in Stuyvesant Falls, located in Columbia County, NY, are calculated based on the assessed value of a property and the local tax rate. Homeowners in this area can expect their tax bills to be influenced by the market value of their homes, which is then assessed to determine the taxable amount. The median home price in Stuyvesant Falls is $211,392, and the tax rate is applied to this assessed value to compute the property tax bill. Tax bills in Stuyvesant Falls can vary significantly, with the 25th percentile tax bill at $3,580 and the 75th percentile reaching $5,316. For those in the 90th percentile, tax bills can go up to $7,350. This variation means that homeowners with higher-valued properties will pay more in taxes. Compared to the national median property tax rate of 0.99%, Stuyvesant Falls has a relatively high property tax burden, impacting the overall cost of homeownership in the area.
Average Stuyvesant Falls Tax Bill
$4,301
Average Columbia County Tax Bill
$4,915
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Stuyvesant Falls, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12174 | $2,754 | $3,580 | $4,301 | $5,316 | $7,350 |
Source: Ownwell