Conklin, Broome County, New York Property Taxes
Median Conklin, NY effective property tax rate: 3.58%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Conklin, NY home value: $108,297
Median annual Conklin, NY tax bill: $3,838, $1,438 higher than the national median property tax bill of $2,400.
How are property taxes in Broome calculated?
Property taxes in Conklin, NY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Conklin’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Conklin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Conklin, Broome County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.58%
Estimate Property Tax Bill
$3,877
$3,598
Property Tax Rates Across Conklin, Broome County, New York
Local government entities determine tax rates, and these can differ significantly within a state. Each year, counties estimate their budgetary needs to provide essential services and divide this by the total value of all taxable properties in their area, resulting in the property tax rate. Though votes and legal stipulations play a role in setting these rates and budgets, this is the essence of the annual process.
In Conklin, located in Broome County, NY, the effective property tax rate stands out when compared to other cities within the state. New York's median property tax rate is considerably higher than the national median of 1.02%. Conklin's rate reflects this trend, highlighting the variability and impact of local governance on property taxes.
By understanding these differences, property owners can make informed decisions about appealing their property taxes. This knowledge is crucial for managing expenses and ensuring fair taxation. Comparing Conklin's property tax rate with state and national figures provides valuable insights into the local tax landscape.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Conklin Tax Rate
3.58%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Broome County Tax Rate
3.50%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Conklin, Broome County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13748 | 3.44% | 3.58% | 3.58% | 3.60% | 3.61% |
Source: Ownwell
Property Tax Assessment Values Across Conklin, Broome County, New York
When examining property taxes in Conklin, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Broome County assessment office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Broome County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Conklin. For example, the median home price in Conklin is $108,297, with tax bills ranging significantly across the county. Zip code 13748 has the highest median home price at $108,297.
Property Tax Assessment Values Across Conklin, Broome County, New York
Source: Ownwell
$60,170
$114,885
$169,600
Median Conklin Market Value
$108,297
Median Broome County Market Value
$113,808
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Conklin, Broome County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13748 | $59,362 | $87,336 | $108,297 | $131,858 | $166,114 |
Source: Ownwell
Property Tax Bills Across Conklin, Broome County, New York
Median Conklin Tax Bill
$3,838
Median Broome County Tax Bill
$4,421
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Conklin, Broome County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13748 | $2,125 | $3,113 | $3,838 | $4,680 | $5,936 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Broome Assessment Review Commission | |
| Website | gis.broomecountyny.gov |