Clemons, New York Property Taxes
The median property tax rate in Clemons, NY is 1.72%, which is 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 $146,000, the typical annual property tax bill in Clemons reaches $2,402, which is below the national median of $2,690. Property taxes in Clemons are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Clemons' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Clemons 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
Clemons, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.72%
Estimate Property Tax Bill
$2,511
$2,483
Ownwell’s Clemons Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Clemons with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clemons 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 Clemons, New York
Property taxes in Clemons, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Clemons is 1.72%, significantly higher than the U.S. national median of 0.99%. Local government entities within Clemons set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clemons 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 Clemons' effective property tax rate to other counties in New York and the national median. For comparison, the 12819 zip code has the highest median property tax rate of 1.72%, while the same zip code also has the lowest median tax rate of 1.72%. Understanding how these areas compare with Clemons provides valuable insights into the varying tax landscape across Washington County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clemons Tax Rate
1.72%
Average Washington County Tax Rate
2.41%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clemons, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12819 | 1.68% | 1.72% | 1.72% | 1.72% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Clemons, New York
In Clemons, 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 Washington 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 Clemons, 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 Clemons 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 12819, at $2,402, while the lowest is also 12819, at $2,402.
Average Clemons Assessed Value
$146,000
Average Washington County Assessed Value
$158,585
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clemons, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12819 | $40,840 | $92,000 | $146,000 | $205,150 | $298,300 |
Source: Ownwell
Property Tax Bills Across Clemons, New York
In Clemons, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor’s office. The assessed value is a percentage of the market value of the property. Several factors influence this valuation, including the property's location, size, and condition. Once the assessed value is established, the local tax rate is applied to calculate the tax bill. Homeowners in Clemons experience varying tax bills. For instance, the tax bill at the 25th percentile is $1,591, while at the 75th percentile, it rises to $3,413. Those in the 90th percentile face a tax bill of $5,040. Comparatively, the national median property tax rate is 0.99%, making Clemons' tax rates relatively competitive. High property taxes can significantly impact homeowners, affecting their overall housing costs and potentially influencing their decision to buy or sell property in the area.
Average Clemons Tax Bill
$2,402
Average Washington County Tax Bill
$3,943
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Clemons, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12819 | $682 | $1,591 | $2,402 | $3,413 | $5,040 |
Source: Ownwell