Hague, New York Property Taxes
The median property tax rate in Hague, NY is 2.15%, 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 Hague at $171,250, the typical annual property tax bill reaches $3,589, exceeding the national median of $2,690. Property taxes in Hague 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 Hague'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 Hague or another part of Essex County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hague, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.15%
Estimate Property Tax Bill
$3,682
$3,640
Ownwell’s Hague Property Tax Bill Calculator helps homeowners, real estate investors, and potential buyers estimate their annual property taxes in Hague with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hague 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 Hague, New York
Property taxes in Hague, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hague is 2.15%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Hague set these rates annually, and they can vary across different neighborhoods. Each year, Hague 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 Hague's effective property tax rate to other counties in New York and the national median. For comparison, the 12836 zip code has the highest median property tax rate of 2.15%, while the same zip code also has the lowest median tax rate of 2.15%. Understanding how these cities compare with Hague provides valuable insights into the varying tax landscape across Essex County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hague Tax Rate
2.15%
Average Essex County Tax Rate
1.92%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hague, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12836 | 1.73% | 2.06% | 2.15% | 2.15% | 2.15% |
Source: Ownwell
Property Tax Assessment Values Across Hague, New York
In Hague, 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 Essex 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 Hague, 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 in Hague helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $3,589 in the 12836 zip code.
Average Hague Assessed Value
$171,250
Average Essex County Assessed Value
$151,489
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hague, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12836 | $71,950 | $109,925 | $171,250 | $218,025 | $268,400 |
Source: Ownwell
Property Tax Bills Across Hague, New York
In Hague, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. Several factors influence the assessed value, including the property's market value, location, and any improvements made to the property. For homeowners in Hague, the median home price stands at $171,250. Property tax bills can vary significantly, with the 25th percentile at $1,808 and the 75th percentile reaching $4,685. The 90th percentile sees tax bills as high as $5,767. These figures illustrate how property taxes can impact homeowners differently based on property values and assessments. Compared to the national median property tax rate of 0.99%, Hague's property tax bills reflect the local economic conditions and property values. Homeowners need to be aware of these factors as they can significantly affect their annual expenses.
Average Hague Tax Bill
$3,589
Average Essex County Tax Bill
$2,966
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Hague, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12836 | $1,207 | $1,808 | $3,589 | $4,685 | $5,767 |
Source: Ownwell