Kirkwood, Broome County, New York Property Taxes
Median Kirkwood, NY effective property tax rate: 2.77%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Kirkwood, NY home value: $117,355
Median annual Kirkwood, NY tax bill: $3,424, $1,024 higher than the national median property tax bill of $2,400.
How are property taxes in Broome calculated?
Property taxes in Kirkwood, 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 Kirkwood’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kirkwood, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kirkwood, Broome County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.77%
Estimate Property Tax Bill
$3,251
$3,017
Ownwell’s Kirkwood Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kirkwood with just two data points.
By entering your property's estimated assessed value, our calculator applies Kirkwood’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Broome County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Kirkwood, Broome County, New York
Local government entities are responsible for setting property tax rates, which can significantly differ within a state. This variation occurs because each county annually estimates its required budget to provide essential services and then divides that by the total value of all taxable property within its jurisdiction. This process determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the fundamental annual procedure.
In Kirkwood, located in Broome County, New York, the effective property tax rate offers a point of comparison to other cities within the state and the broader national context. Kirkwood's rate reflects the local government's financial strategy to meet budgetary needs through property taxation. By comparing Kirkwood's rate to the median property tax rates in New York and across the U.S., property owners can better understand their tax obligations. With the national median property tax rate at 1.02%, Kirkwood's rate provides insight into the local fiscal landscape and how it aligns with broader trends. This comparison is crucial for property owners aiming to manage their tax liabilities effectively.
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 Kirkwood Tax Rate
2.77%
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 Kirkwood, Broome County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13795 | 2.68% | 2.73% | 2.77% | 3.49% | 3.51% |
Source: Ownwell
Property Tax Assessment Values Across Kirkwood, Broome County, New York
When examining property taxes in Kirkwood, 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 appraisal district 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 March. 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 Kirkwood.
For example, the median home price in Kirkwood is $117,355, with tax bills ranging significantly across the county. Zip code 13795 has the highest median home price at $117,355.
Property Tax Assessment Values Across Kirkwood, Broome County, New York
Source: Ownwell
$60,170
$114,885
$169,600
Median Kirkwood Market Value
$117,355
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 Kirkwood, Broome County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13795 | $51,819 | $90,909 | $117,355 | $148,760 | $201,901 |
Source: Ownwell
Property Tax Bills Across Kirkwood, Broome County, New York
In Kirkwood, NY, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median tax bill in Kirkwood is $3,424, significantly higher than the national median of $2,400. The tax rate is applied to the assessed value of the property, which may differ from its market value. Factors such as the property's location, size, and improvements can influence its assessed value, ultimately affecting the tax bill. Homeowners in Kirkwood can face tax bills ranging from $2,676 at the 25th percentile to $6,065 at the 90th percentile, indicating a wide variation based on property characteristics.
Ownwell can assist homeowners in Kirkwood by analyzing their property assessments to ensure they are accurate and fair. By identifying discrepancies or over-assessments, Ownwell helps homeowners file appeals and potentially lower their tax bills. With expert guidance, homeowners can navigate the complex property tax system, ensuring they pay only their fair share and potentially saving hundreds or even thousands of dollars annually.
Median Kirkwood Tax Bill
$3,424
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 Kirkwood, Broome County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13795 | $1,709 | $2,676 | $3,424 | $4,380 | $6,065 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
|---|
Links | |
|---|---|
| Broome Assessment Review Commission | |
| Website | gis.broomecountyny.gov |