Tarrytown, New York Property Taxes
The median property tax rate in Tarrytown, NY is 3.01%, 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 Tarrytown at $535,900, the typical annual property tax bill reaches $14,430, far exceeding the national median of $2,690. Property taxes in Tarrytown 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 Tarrytown'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 Tarrytown 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
Tarrytown, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.01%
Estimate Property Tax Bill
$16,131
$15,949
$1,148
Average Tarrytown, New York Tax Savings
Ownwell’s Tarrytown Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Tarrytown with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Tarrytown 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 Tarrytown. 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 Tarrytown, New York
Property taxes in Tarrytown, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Tarrytown is 3.01%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Tarrytown set these rates annually, and they can vary significantly across different neighborhoods. Each year, Tarrytown 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 Tarrytown's effective property tax rate to other counties in New York and the national median. For comparison, the 10591 zip code has the highest median property tax rate of 3.01%, while the same zip code also has the lowest median tax rate of 3.01%. Understanding how these cities compare with Tarrytown 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 Tarrytown Tax Rate
3.01%
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 Tarrytown, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10591 | 1.87% | 2.57% | 3.01% | 3.15% | 3.34% |
Source: Ownwell
$1,148
Average Tarrytown Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Tarrytown, New York
In Tarrytown, 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 Assessment Office 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 Tarrytown, 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 Tarrytown helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the zip code 10591 has both the highest and lowest median tax bills at $14,430.
Property Tax Assessment Values Across Tarrytown, New York
Source: Ownwell
$143,650
$2,206,877
$4,270,103
Average Tarrytown Assessed Value
$535,900
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 Tarrytown, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10591 | $114,300 | $250,300 | $535,900 | $734,425 | $968,212 |
Source: Ownwell
$1,148
Average Tarrytown Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Tarrytown, New York
In Tarrytown, Westchester County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. For a median home price of $535,900, homeowners can expect tax bills to vary significantly. The 25th percentile tax bill is $6,462, while the 75th percentile reaches $21,580, and the 90th percentile peaks at $28,709. These figures highlight a considerable range, reflecting differences in property values and assessment accuracy. Factors influencing the tax bill include the property's assessed value, local tax rates, and any applicable exemptions or abatements. High property taxes can place a significant financial burden on homeowners, especially when compared to the national median property tax rate of 0.99%. Ownwell can assist homeowners in Tarrytown by providing expert property tax appeal services. By thoroughly reviewing property assessments and identifying potential discrepancies, Ownwell helps ensure that homeowners are not overpaying. This can lead to substantial savings, making homeownership more affordable and financially manageable.
Average Tarrytown Tax Bill
$14,430
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 Tarrytown, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10591 | $2,987 | $6,462 | $14,430 | $21,580 | $28,709 |
Source: Ownwell
$1,148
Average Tarrytown Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to file a grievance!
Dates |
|---|
Links | |
|---|---|
| Westchester Assessment Review Commission | |
| Website | giswww.westchestergov.com |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.