Atlanta, New York Property Taxes
The median property tax rate in Atlanta, NY is 3.35%, significantly higher than both the national median of 0.99% and New York's state median of 2.39%. With a median home value of $81,250 in Atlanta, the typical annual property tax bill amounts to $2,638, just under the national median of $2,690. Property taxes in Atlanta 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 Atlanta's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Atlanta or another part of Steuben County, gaining insight into the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Atlanta, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.35%
Estimate Property Tax Bill
$2,722
$2,691
Ownwell’s Atlanta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Atlanta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Atlanta 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 Atlanta, New York
Property taxes in Atlanta, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Atlanta is 3.35%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Atlanta set these rates annually, and they can vary significantly across different neighborhoods. Each year, Atlanta 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 Atlanta's effective property tax rate to other counties in New York and the national median. For comparison, the 14808 zip code has the highest median property tax rate of 3.35%, while the same zip code also has the lowest median tax rate of 3.35%. Understanding how these cities compare with Atlanta provides valuable insights into the varying tax landscape across Steuben County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Atlanta Tax Rate
3.35%
Average Steuben County Tax Rate
2.84%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Atlanta, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14808 | 2.95% | 3.23% | 3.35% | 3.46% | 3.69% |
Source: Ownwell
Property Tax Assessment Values Across Atlanta, New York
In Atlanta, 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 Steuben 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 Atlanta, 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 Atlanta helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 14808 has the highest and lowest median tax bill, both at $2,638.
Average Atlanta Assessed Value
$81,250
Average Steuben County Assessed Value
$102,326
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Atlanta, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14808 | $38,945 | $57,847 | $81,250 | $99,653 | $120,555 |
Source: Ownwell
Property Tax Bills Across Atlanta, New York
In Atlanta, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to calculate the tax bill. Several factors influence this calculation, including the home's location within Steuben County, its market value, and any applicable exemptions or deductions. The median home price in Atlanta is $81,250, and property taxes can vary significantly. Homeowners in the 25th percentile can expect to pay around $1,959, while those in the 75th percentile might see bills as high as $3,167. At the 90th percentile, tax bills can reach up to $3,818. Compared to the national median property tax rate of 0.99%, Atlanta's tax bills reflect the local economic conditions and property values. For homeowners, understanding these factors is crucial as property taxes represent a significant annual expense, impacting overall home affordability and long-term financial planning.
Average Atlanta Tax Bill
$2,638
Average Steuben County Tax Bill
$2,992
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Atlanta, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14808 | $1,396 | $1,959 | $2,638 | $3,167 | $3,818 |
Source: Ownwell