Dalton, New York Property Taxes
The median property tax rate in Dalton, NY is 4.33%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Dalton at $70,900, the typical annual property tax bill reaches $2,866, exceeding the national median of $2,690. Property taxes in Dalton 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 Dalton'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 Dalton 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
Dalton, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.33%
Estimate Property Tax Bill
$3,070
$2,849
Ownwell’s Dalton Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dalton, NY with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dalton to provide an accurate estimate of your property tax bill. This valuable tool helps you understand your potential tax liabilities. For those interested in more detailed information at the neighborhood level, additional localized data is available below. Your property’s assessed value is determined by the county for property tax purposes and includes any applicable exemptions.
Property Tax Rates Across Dalton, New York
Property taxes in Dalton, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dalton is 4.33%, significantly higher than the U.S. national median of 0.99%. Local government entities within Dalton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dalton 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 Dalton's effective property tax rate to other counties in New York and the national median. For comparison, the 14836 zip code has the highest median property tax rate of 4.33%, while the same zip code also has the lowest median tax rate of 4.33%. Understanding how these areas compare with Dalton provides valuable insights into the varying tax landscape across Allegany County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dalton Tax Rate
4.33%
Average Allegany County Tax Rate
3.64%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dalton, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14836 | 3.43% | 3.83% | 4.33% | 4.33% | 4.33% |
Source: Ownwell
Property Tax Assessment Values Across Dalton, New York
In Dalton, 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 Allegany 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 Dalton, 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. For instance, Dalton's median home price is $70,900, with tax bills ranging from $1,846 at the 25th percentile to $6,571 at the 90th percentile. The zip code 14836 has both the highest and lowest median tax bill at $2,866. Being aware of these valuation processes in Dalton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dalton Assessed Value
$70,900
Average Allegany County Assessed Value
$72,000
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dalton, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14836 | $27,980 | $46,500 | $70,900 | $118,000 | $164,320 |
Source: Ownwell
Property Tax Bills Across Dalton, New York
In Dalton, Allegany County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and is intended to reflect a percentage of the property's market value. For homeowners in Dalton, the median home price is $70,900. The property tax rate in Allegany County is higher than the national median property tax rate of 0.99%, leading to significant tax bills for homeowners. Factors such as the property's location, size, and improvements can influence its assessed value. In Dalton, the 25th percentile tax bill is $1,846, while the 75th percentile reaches $4,814, and the 90th percentile can be as high as $6,571. These figures highlight the variability in property tax bills within the region. For homeowners, this means that property taxes can represent a substantial annual expense, impacting household budgets and the overall affordability of owning a home in Dalton, Allegany County.
Average Dalton Tax Bill
$2,866
Average Allegany County Tax Bill
$2,710
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Dalton, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14836 | $1,176 | $1,846 | $2,866 | $4,814 | $6,571 |
Source: Ownwell