Campbell Hall, New York Property Taxes
The median property tax rate in Campbell Hall, NY is 2.48%, 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 Campbell Hall at $401,650, the typical annual property tax bill reaches $9,750, significantly exceeding the national median of $2,690. Property taxes in Campbell Hall 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 Campbell Hall'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 Campbell Hall 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
Campbell Hall, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.48%
Estimate Property Tax Bill
$9,961
$9,849
Ownwell’s Campbell Hall Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Campbell Hall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Campbell Hall 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 Campbell Hall, New York
Property taxes in Campbell Hall, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Campbell Hall is 2.48%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Campbell Hall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Campbell Hall 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 Campbell Hall's effective property tax rate to other counties in New York and the national median. For comparison, the zip code 10916 has both the highest and lowest median property tax rate of 2.48%. Understanding how these cities compare with Campbell Hall provides valuable insights into the varying tax landscape across Orange County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Campbell Hall Tax Rate
2.48%
Average Orange County Tax Rate
2.78%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Campbell Hall, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
10916 | 2.30% | 2.42% | 2.48% | 2.48% | 2.48% |
Source: Ownwell
Property Tax Assessment Values Across Campbell Hall, New York
In Campbell Hall, 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 Orange 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 Campbell Hall, 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 Campbell Hall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 10916 in Campbell Hall has the highest and lowest median tax bill, both at $9,750.
Property Tax Assessment Values Across Campbell Hall, New York
Source: Ownwell
$122,700
$313,000
$503,300
Average Campbell Hall Assessed Value
$401,650
Average Orange County Assessed Value
$278,100
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Campbell Hall, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
10916 | $254,000 | $310,900 | $401,650 | $500,325 | $611,170 |
Source: Ownwell
Property Tax Bills Across Campbell Hall, New York
Property tax bills in Campbell Hall, located in Orange County, NY, are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the local assessor and represents a percentage of the market value of the property. This assessed value is then multiplied by the tax rate to calculate the total tax bill. For instance, with a median home price of $401,650, homeowners can expect varying tax bills depending on their property's assessed value. Several factors influence the tax bill, including property size, location, and any improvements made to the property. In Campbell Hall, the tax bill varies significantly, with the 25th percentile at $7,540 and the 75th percentile at $12,358. The highest median tax bill in the area is $9,750. These property taxes can significantly impact homeowners, affecting their annual financial planning and overall affordability of homeownership. Compared to the national median property tax rate of 0.99%, Campbell Hall's property taxes are relatively high, reflecting the area's property values and local tax policies.
Average Campbell Hall Tax Bill
$9,750
Average Orange County Tax Bill
$7,888
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Campbell Hall, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
10916 | $6,092 | $7,540 | $9,750 | $12,358 | $15,267 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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Orange Assessment Review Commission | |
Website | gis.orangecountygov.com |