Clintonville, New York Property Taxes
The median property tax rate in Clintonville, NY is 2.14%, 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 Clintonville at $84,600, the typical annual property tax bill reaches $1,809, exceeding the national median of $2,690. Property taxes in Clintonville 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 Clintonville'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 Clintonville 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
Clintonville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.14%
Estimate Property Tax Bill
$1,810
$1,790
Ownwell’s Clintonville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Clintonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Clintonville to provide an estimated property tax bill. This insightful tool helps you understand potential tax liabilities. For those 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 Clintonville, New York
Property taxes in Clintonville, New York, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Clintonville is 2.14%, more than double the U.S. national median of 0.99%. Local government entities within Clintonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Clintonville 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 Clintonville's effective property tax rate to other areas and the national median. For comparison, the zip code 12924 has the highest median property tax rate of 2.14%, while the same zip code also has the lowest median tax rate of 2.14%. Understanding how these figures compare with Clintonville provides valuable insights into the varying tax landscape across Clinton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Clintonville Tax Rate
2.14%
Average Clinton County Tax Rate
2.57%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Clintonville, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
12924 | 2.11% | 2.12% | 2.14% | 2.15% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Clintonville, New York
In Clintonville, 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 Clinton 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 Clintonville, 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 Clintonville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 12924, both at $1809.
Average Clintonville Assessed Value
$84,600
Average Clinton County Assessed Value
$146,700
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Clintonville, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
12924 | $84,120 | $84,300 | $84,600 | $84,900 | $85,080 |
Source: Ownwell
Property Tax Bills Across Clintonville, New York
In Clintonville, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For example, with a median home price of $84,600, homeowners in Clintonville can expect their property tax bills to vary. The 25th percentile tax bill is around $1,789, while the 75th percentile tax bill is approximately $1,829. The 90th percentile tax bill reaches up to $1,841. These figures indicate that most homeowners in Clintonville pay property taxes within a relatively narrow range, providing some predictability in annual expenses. The highest and lowest median tax bills in the area are both $1,809, showing uniformity in property tax assessments. Compared to the national median property tax rate of 0.99%, Clintonville's rates reflect the local economic conditions and municipal budget requirements. This consistency helps homeowners plan their finances and understand their obligations.
Average Clintonville Tax Bill
$1,809
Average Clinton County Tax Bill
$3,822
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Clintonville, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
12924 | $1,777 | $1,789 | $1,809 | $1,829 | $1,841 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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Clinton Assessment Review Commission | |
Website | clinco.maps.arcgis.com |