West Kill, New York Property Taxes
The median property tax rate in West Kill, NY is 1.57%, 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 West Kill at $231,135, the typical annual property tax bill reaches $3,528, exceeding the national median of $2,690. Property taxes in West Kill 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 West Kill'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 West Kill or another part of Greene County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Kill, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.57%
Estimate Property Tax Bill
$3,629
$3,588
Ownwell’s West Kill Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Kill with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Kill 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 West Kill, New York
Property taxes in West Kill, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Kill is 1.57%, significantly higher than the U.S. national median of 0.99%. Local government entities within West Kill set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Kill 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 West Kill's effective property tax rate to other areas in Greene County and the national median. For comparison, the zip code 12492 has the highest median property tax rate of 1.57%, while the same zip code also has the lowest median tax rate of 1.57%. Understanding how these figures compare with West Kill provides valuable insights into the varying tax landscape across Greene County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Kill Tax Rate
1.57%
Average Greene County Tax Rate
2.04%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Kill, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12492 | 1.47% | 1.57% | 1.57% | 1.57% | 1.57% |
Source: Ownwell
Property Tax Assessment Values Across West Kill, New York
In West Kill, 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 Greene 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 West Kill, 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 West Kill is $231,135, with tax bills ranging from $1,992 at the 25th percentile to $7,707 at the 90th percentile. 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 West Kill helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average West Kill Assessed Value
$231,135
Average Greene County Assessed Value
$210,370
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Kill, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12492 | $60,211 | $129,551 | $231,135 | $351,319 | $498,945 |
Source: Ownwell
Property Tax Bills Across West Kill, New York
In West Kill, located in Greene County, NY, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. The tax rate in this area is applied to the assessed value to determine the annual tax bill. Several factors influence the assessed value, including the property's size, location, and market conditions. Homeowners in West Kill face a range of property tax bills. For instance, the 25th percentile tax bill is around $1,992, while the 75th percentile tax bill reaches $5,274. The 90th percentile tax bill can be as high as $7,707. The median home price in this area is $231,135, which is a significant factor in determining the tax burden. Compared to the national median property tax rate of 0.99%, homeowners in West Kill may experience higher tax bills, impacting their annual financial planning. This variability in tax bills underscores the importance of understanding local property tax regulations and their implications on homeownership.
Average West Kill Tax Bill
$3,528
Average Greene County Tax Bill
$4,183
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across West Kill, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12492 | $936 | $1,992 | $3,528 | $5,274 | $7,707 |
Source: Ownwell