Briarcliff Manor, New York Property Taxes
The median property tax rate in Briarcliff Manor, NY is 2.98%, 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 $690,850 in Briarcliff Manor, the typical annual property tax bill reaches $20,845, far exceeding the national median of $2,690. Property taxes in Briarcliff Manor 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 Briarcliff Manor'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 Briarcliff Manor 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
Briarcliff Manor, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.98%
Estimate Property Tax Bill
$20,587
$20,355
$1,148
Average Briarcliff Manor, New York Tax Savings
Ownwell’s Briarcliff Manor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Briarcliff Manor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Briarcliff Manor to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Briarcliff Manor. 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 Briarcliff Manor, New York
Property taxes in Briarcliff Manor, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Briarcliff Manor is 2.98%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Briarcliff Manor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Briarcliff Manor 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 Briarcliff Manor's effective property tax rate to other counties in New York and the national median. For comparison, the 10510 zip code has the highest median property tax rate of 2.98%, while the same zip code also has the lowest median tax rate of 2.98%. Understanding how these cities compare with Briarcliff Manor provides valuable insights into the varying tax landscape across Westchester County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Briarcliff Manor Tax Rate
2.98%
Average Westchester County Tax Rate
2.29%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Briarcliff Manor, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10510 | 2.44% | 2.70% | 2.98% | 3.21% | 3.43% |
Source: Ownwell
$1,148
Average Briarcliff Manor Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Briarcliff Manor, New York
In Briarcliff Manor, 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 Westchester 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 Briarcliff Manor, 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 Briarcliff Manor helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price here is $690,850, with the 25th percentile tax bill at $15,387 and the 90th percentile at $38,125. The zip code 10510 has both the highest and lowest median tax bill, at $20,845.
Property Tax Assessment Values Across Briarcliff Manor, New York
Source: Ownwell
$143,650
$2,206,877
$4,270,103
Average Briarcliff Manor Assessed Value
$690,850
Average Westchester County Assessed Value
$589,473
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Briarcliff Manor, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10510 | $104,340 | $465,850 | $690,850 | $1,004,925 | $1,332,070 |
Source: Ownwell
$1,148
Average Briarcliff Manor Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Briarcliff Manor, New York
In Briarcliff Manor, located in Westchester County, NY, property tax bills 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 reflects a percentage of the property's market value. In this area, homeowners face a median property tax bill of $20,845, significantly higher than the national median property tax rate of 0.99%. Factors such as property size, location, and market conditions influence the assessed value and, consequently, the tax bill. High property tax bills can place a substantial financial burden on homeowners. Ownwell offers expert property tax appeal and exemption services to help reduce these costs. By analyzing property assessments and identifying discrepancies, Ownwell ensures homeowners are not overpaying. Their experienced team navigates the appeal process, potentially saving homeowners thousands of dollars annually. Partnering with Ownwell means gaining peace of mind and financial relief from exorbitant property taxes.
Average Briarcliff Manor Tax Bill
$20,845
Average Westchester County Tax Bill
$12,812
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Briarcliff Manor, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10510 | $8,623 | $15,387 | $20,845 | $27,926 | $38,125 |
Source: Ownwell
$1,148
Average Briarcliff Manor Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Westchester Assessment Review Commission | |
| Website | giswww.westchestergov.com |
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