Evans Mills, New York Property Taxes
The median property tax rate in Evans Mills, NY is 1.23%, considerably higher than the national median of 0.99% but lower than the New York state median of 2.39%. With a median home value of $164,600 in Evans Mills, the typical annual property tax bill reaches $2,137, still below the national median of $2,690. Property taxes in Evans Mills are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like primary residence and agricultural exemptions. Understanding Evans Mills' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Evans Mills 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
Evans Mills, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.23%
Estimate Property Tax Bill
$2,025
$2,002
Ownwell’s Evans Mills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Evans Mills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Evans Mills 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 Evans Mills, New York
Property taxes in Evans Mills, New York, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Evans Mills is 1.23%, significantly higher than the U.S. national median of 0.99%. Local government entities within Evans Mills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Evans Mills 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 Evans Mills' effective property tax rate to other areas in Jefferson County and the national median. For comparison, the 13637 zip code has the highest median property tax rate of 1.23%, while the same zip code also has the lowest median tax rate of 1.23%. Understanding how these cities compare with Evans Mills provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Evans Mills Tax Rate
1.23%
Average Jefferson County Tax Rate
1.81%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Evans Mills, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13637 | 0.99% | 1.15% | 1.23% | 1.23% | 1.76% |
Source: Ownwell
Property Tax Assessment Values Across Evans Mills, New York
In Evans Mills, 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 Jefferson 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 Evans Mills, 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 Evans Mills helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in this area are $2137, both found in the 13637 zip code.
Average Evans Mills Assessed Value
$164,600
Average Jefferson County Assessed Value
$134,468
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Evans Mills, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13637 | $58,240 | $110,600 | $164,600 | $225,800 | $280,235 |
Source: Ownwell
Property Tax Bills Across Evans Mills, New York
In Evans Mills, Jefferson County, NY, property tax bills are calculated based on the assessed value of the home. The county determines this assessed value, which is then multiplied by the local tax rate to calculate the tax bill. For homeowners, several factors influence this process, including the median home price, which stands at $164,600. Property tax bills can vary significantly, with the 25th percentile at $1,299, the 75th percentile at $2,937, and the 90th percentile reaching $3,590. These variations depend on the specific assessed values and applicable exemptions or deductions. The impact on homeowners is substantial. For instance, the median property tax bill in Evans Mills is $2,137, which is significantly higher than the national median property tax rate of 0.99%. This means that local homeowners may face higher annual property tax obligations compared to the national average, influencing their overall cost of homeownership and potentially affecting their financial planning and budgeting.
Average Evans Mills Tax Bill
$2,137
Average Jefferson County Tax Bill
$2,407
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Evans Mills, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13637 | $659 | $1,299 | $2,137 | $2,937 | $3,590 |
Source: Ownwell