Barker, New York Property Taxes
The median property tax rate in Barker, NY is 2.77%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With a median home value of $93,650 in Barker, the typical annual property tax bill reaches $2,665, slightly below the national median of $2,690. Property taxes in Barker are calculated based on the assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Barker'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 Barker or another part of Orleans County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Barker, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.77%
Estimate Property Tax Bill
$2,594
$2,565
Ownwell’s Barker Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Barker with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Barker 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 Barker, New York
Property taxes in Barker, 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 Barker is 2.77%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Barker set these rates annually, and they can vary significantly across different neighborhoods. Each year, Barker 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 Barker's effective property tax rate to other areas in New York and the national median. For comparison, the 14012 zip code has the highest median property tax rate of 2.77%, while the same zip code also has the lowest median tax rate of 2.77%. Understanding how these areas compare with Barker provides valuable insights into the varying tax landscape across Orleans County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Barker Tax Rate
2.77%
Average Orleans County Tax Rate
3.38%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Barker, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14012 | 2.14% | 2.63% | 2.77% | 3.01% | 3.19% |
Source: Ownwell
Property Tax Assessment Values Across Barker, New York
In Barker, 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 Orleans 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 Barker, 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 Barker helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 14012, with a median tax bill of $2,665. Conversely, the zip code with the lowest median tax bill is also 14012, with the same median tax bill of $2,665.
Average Barker Assessed Value
$93,650
Average Orleans County Assessed Value
$108,800
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Barker, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14012 | $24,140 | $78,304 | $93,650 | $127,325 | $152,990 |
Source: Ownwell
Property Tax Bills Across Barker, New York
Property tax bills in Barker, Orleans County, NY, are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors influencing the tax bill include the property's market value, any applicable exemptions, and the specific tax rate set by local government authorities. Homeowners in Barker typically see a range of property tax bills. For instance, the 25th percentile tax bill is around $1,946, while the 75th percentile reaches $3,331. The 90th percentile tax bill can go up to $3,659. These figures highlight the variability in tax bills depending on property values and applicable exemptions. The median home price in Barker is $93,650, and the property tax rate in Orleans County is significantly higher than the national median property tax rate of 0.99%. For homeowners, understanding these factors is crucial as property taxes represent a significant annual expense. Accurate assessments and available exemptions can lead to substantial savings.
Average Barker Tax Bill
$2,665
Average Orleans County Tax Bill
$3,855
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Barker, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14012 | $720 | $1,946 | $2,665 | $3,331 | $3,659 |
Source: Ownwell