Windsor, New York Property Taxes
The median property tax rate in Windsor, NY is 2.77%, 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 Windsor at $111,440, the typical annual property tax bill reaches $2,933, surpassing the national median of $2,690. Property taxes in Windsor 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 Windsor'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 Windsor 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
Windsor, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.77%
Estimate Property Tax Bill
$3,087
$2,865
Ownwell’s Windsor Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Windsor with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Windsor to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. 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 Windsor, New York
Property taxes in Windsor, New York, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Windsor is 2.77%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Windsor set these rates annually, and they can vary significantly across different neighborhoods. Each year, Windsor 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 Windsor's effective property tax rate to other counties in New York and the national median. For comparison, the 13865 zip code has the highest median property tax rate of 2.77%, while the same zip code also has the lowest median tax rate of 2.77%. Understanding how these cities compare with Windsor provides valuable insights into the varying tax landscape across Broome County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Windsor Tax Rate
2.77%
Average Broome County Tax Rate
3.50%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Windsor, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13865 | 2.47% | 2.70% | 2.77% | 2.78% | 2.78% |
Source: Ownwell
Property Tax Assessment Values Across Windsor, New York
In Windsor, 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 Broome County Assessor 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 Windsor, 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. The median home price in Windsor is $111,440, with tax bills ranging significantly. The 25th percentile tax bill is $1,884, while the 75th percentile tax bill is $4,056, and the 90th percentile tax bill is $5,482. The highest and lowest median tax bills in the area are both $2,933, found in zip code 13865. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Windsor Assessed Value
$111,440
Average Broome County Assessed Value
$113,808
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Windsor, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13865 | $35,283 | $70,678 | $111,440 | $150,636 | $204,237 |
Source: Ownwell
Property Tax Bills Across Windsor, New York
In Windsor, located in Broome County, NY, property tax bills are calculated based on the assessed value of your home. The assessed value is determined by the local tax assessor and reflects the market value of the property. Several factors are considered in this assessment, including the size of the property, its location, and any improvements made. Homeowners in Windsor can expect varying tax bills depending on their property’s assessed value. For instance, tax bills in the 25th percentile are around $1,884, while those in the 75th percentile reach approximately $4,056. The highest tax bills, which fall in the 90th percentile, can be as much as $5,482. These tax rates significantly impact homeowners, especially when compared to the national median property tax rate of 0.99%. The median home price in Windsor is $111,440, which means property taxes can form a substantial part of annual expenses for homeowners. Understanding how these taxes are calculated can help homeowners in Windsor better plan their finances and potentially seek exemptions or appeals if necessary.
Average Windsor Tax Bill
$2,933
Average Broome County Tax Bill
$4,421
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Windsor, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13865 | $942 | $1,884 | $2,933 | $4,056 | $5,482 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
|---|
Links | |
|---|---|
| Broome Assessment Review Commission | |
| Website | gis.broomecountyny.gov |