Whitehall, New York Property Taxes
The median property tax rate in Whitehall, NY is 2.37%, 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 Whitehall at $96,720, the typical annual property tax bill reaches $2,739, exceeding the national median of $2,690. Property taxes in Whitehall 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 Whitehall'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 Whitehall 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
Whitehall, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.37%
Estimate Property Tax Bill
$2,292
$2,266
Ownwell’s Whitehall Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whitehall with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whitehall 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 Whitehall, New York
Property taxes in Whitehall, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Whitehall is 2.37%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Whitehall set these rates annually, and they can vary significantly across different neighborhoods. Each year, Whitehall 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 Whitehall's effective property tax rate to other counties in New York and the national median. For comparison, the zip code 12887 has the highest median property tax rate of 2.37%, while the same zip code also has the lowest median tax rate of 2.37%. Understanding how these cities compare with Whitehall 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 Whitehall Tax Rate
2.37%
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 Whitehall, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12887 | 1.84% | 2.11% | 2.37% | 3.70% | 3.70% |
Source: Ownwell
Property Tax Assessment Values Across Whitehall, New York
In Whitehall, 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 Whitehall, 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 Whitehall helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Whitehall is $2,739 in zip code 12887, while the lowest is also $2,739 in the same zip code.
Average Whitehall Assessed Value
$96,720
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 Whitehall, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12887 | $44,744 | $67,910 | $96,720 | $144,842 | $209,883 |
Source: Ownwell
Property Tax Bills Across Whitehall, New York
In Whitehall, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Whitehall, the median home price is $96,720. The tax bills vary significantly, with the 25th percentile at $1,939, the 75th percentile at $3,666, and the 90th percentile reaching up to $4,673. Several factors influence the tax bill, including the property's assessed value, which may differ from its market value, and the local tax rate. Compared to the national median property tax rate of 0.99%, Whitehall's property tax rates can have a substantial impact on homeowners. These taxes fund essential public services such as schools, infrastructure, and emergency services. Consequently, understanding how property taxes are calculated and their impact is crucial for homeowners in managing their financial planning and investment in their property.
Average Whitehall Tax Bill
$2,739
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 Whitehall, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12887 | $1,192 | $1,939 | $2,739 | $3,666 | $4,673 |
Source: Ownwell