Hawthorne, New York Property Taxes
The median property tax rate in Hawthorne, NY is 2.33%, 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 Hawthorne at $603,306, the typical annual property tax bill reaches $13,989, far exceeding the national median of $2,690. Property taxes in Hawthorne 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 Hawthorne'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 Hawthorne 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
Hawthorne, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.33%
Estimate Property Tax Bill
$14,057
$13,899
$1,148
Average Hawthorne, New York Tax Savings
Ownwell’s Hawthorne Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hawthorne with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hawthorne 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 Hawthorne. 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 Hawthorne, New York
Property taxes in Hawthorne, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hawthorne is 2.33%, significantly higher than the U.S. national median of 0.99%. Local government entities within Hawthorne set these rates annually, and they can vary across different neighborhoods. Each year, Hawthorne 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 Hawthorne's effective property tax rate to other areas and the national median. For comparison, the 10532 zip code has the highest median property tax rate of 2.33%, which is also the lowest median tax rate in the area. Understanding how these cities compare with Hawthorne 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 Hawthorne Tax Rate
2.33%
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 Hawthorne, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10532 | 1.92% | 2.22% | 2.33% | 2.57% | 2.58% |
Source: Ownwell
$1,148
Average Hawthorne Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Hawthorne, New York
In Hawthorne, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents 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 Hawthorne, 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 Hawthorne helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in the area is $13,989 in zip code 10532, while the lowest median tax bill is also $13,989 in the same zip code.
Property Tax Assessment Values Across Hawthorne, New York
Source: Ownwell
$143,650
$2,206,877
$4,270,103
Average Hawthorne Assessed Value
$603,306
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 Hawthorne, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10532 | $425,620 | $516,529 | $603,306 | $685,951 | $776,860 |
Source: Ownwell
$1,148
Average Hawthorne Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Hawthorne, New York
In Hawthorne, located in Westchester County, NY, property tax bills are determined by the assessed value of a property and the local tax rate. The assessed value is a percentage of the property's market value, which is then multiplied by the local tax rate to calculate the annual property tax bill. Factors such as property size, location, and improvements can influence the assessed value. In Westchester County, the median home price is $603,306, leading to significant tax bills. For instance, the 25th percentile tax bill is $11,394, while the 75th percentile reaches $16,509, and the 90th percentile peaks at $18,822. Homeowners in Hawthorne often face higher property tax bills compared to the national median property tax rate of 0.99%. Ownwell can assist homeowners in reducing their property tax bills by providing expert property tax appeal and exemption services. By evaluating the assessed value and identifying potential discrepancies, Ownwell can help ensure homeowners are not overpaying, potentially saving them thousands of dollars annually.
Average Hawthorne Tax Bill
$13,989
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 Hawthorne, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10532 | $8,430 | $11,394 | $13,989 | $16,509 | $18,822 |
Source: Ownwell
$1,148
Average Hawthorne 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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