Clark Mills, New York Property Taxes
The median property tax rate in Clark Mills, NY is 3.19%, 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 Clark Mills at $127,835, the typical annual property tax bill reaches $3,543, exceeding the national median of $2,690. Property taxes in Clark Mills 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 Clark Mills'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 Clark 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
Clark Mills, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.19%
Estimate Property Tax Bill
$4,078
$4,032
Ownwell’s Clark Mills Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clark Mills with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clark 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 Clark Mills, New York
Property taxes in Clark Mills, New York, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Clark Mills is 3.19%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Clark Mills set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clark 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 Clark Mills' effective property tax rate to other counties in New York and the national median. For comparison, the 13321 zip code has both the highest and lowest median property tax rate of 3.19%. Understanding how these cities compare with Clark Mills provides valuable insights into the varying tax landscape across Oneida County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clark Mills Tax Rate
3.19%
Average Oneida County Tax Rate
2.27%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clark Mills, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13321 | 0.91% | 1.33% | 3.19% | 3.44% | 3.67% |
Source: Ownwell
Property Tax Assessment Values Across Clark Mills, New York
In Clark 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 Oneida 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 Clark 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 Clark Mills helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Clark Mills, the median home price stands at $127,835. The highest median tax bill in the area is $3,543 in the 13321 zip code, which is significantly higher than the national median property tax rate of 0.99%.
Average Clark Mills Assessed Value
$127,835
Average Oneida County Assessed Value
$126,923
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clark Mills, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13321 | $78,680 | $103,093 | $127,835 | $165,721 | $238,556 |
Source: Ownwell
Property Tax Bills Across Clark Mills, New York
In CLARK MILLS, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is a percentage of the market value, reflecting what the property would likely sell for under normal conditions. Homeowners in CLARK MILLS face varying tax bills, influenced by factors such as property size, location, and improvements. For instance, the 25th percentile tax bill in the area is $2,117, while the 75th percentile tax bill is $4,390. At the higher end, the 90th percentile tax bill reaches $5,305. These figures indicate a range of tax burdens that can significantly impact homeowners' finances. When compared to the national median property tax rate of 0.99%, homeowners in CLARK MILLS might find their tax bills either above or below this benchmark, depending on their property's assessed value. This variability highlights the importance of understanding local property tax assessments and their potential financial implications.
Average Clark Mills Tax Bill
$3,543
Average Oneida County Tax Bill
$2,574
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Clark Mills, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13321 | $1,242 | $2,117 | $3,543 | $4,390 | $5,305 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Oneida Assessment Review Commission | |
| Website | app.regrid.com |