Ellenburg, New York Property Taxes
The median property tax rate in Ellenburg, 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 Ellenburg at $146,400, the typical annual property tax bill reaches $4,107, surpassing the national median of $2,690. Property taxes in Ellenburg are calculated based on the tax assessed value, which often falls below the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Ellenburg'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 Ellenburg 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
Ellenburg, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.77%
Estimate Property Tax Bill
$4,055
$4,010
Ownwell’s Ellenburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ellenburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ellenburg 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 Ellenburg, New York
Property taxes in Ellenburg, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ellenburg 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 Ellenburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ellenburg 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 Ellenburg's effective property tax rate to other counties in New York and the national median. For comparison, the 12933 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 Ellenburg 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 Ellenburg Tax Rate
2.77%
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 Ellenburg, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
12933 | 2.64% | 2.69% | 2.77% | 2.79% | 2.80% |
Source: Ownwell
Property Tax Assessment Values Across Ellenburg, New York
In Ellenburg, 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 Assessment Office 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 Ellenburg, 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 Ellenburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $4,107, found in the 12933 zip code.
Average Ellenburg Assessed Value
$146,400
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 Ellenburg, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
12933 | $87,440 | $109,550 | $146,400 | $152,500 | $156,160 |
Source: Ownwell
Property Tax Bills Across Ellenburg, New York
In Ellenburg, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. 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 $146,400, homeowners can expect varying tax bills. The 25th percentile tax bill is $3,062, while the 75th percentile tax bill reaches $4,118. The highest tax bill recorded in the area is $4,125, which is notably higher than the national median property tax rate of 0.99%. Several factors influence the tax bill, including the home's market value, any applicable exemptions, and the specific tax rate set by local authorities. These factors can significantly impact homeowners, affecting their annual financial planning and overall cost of homeownership. Higher property taxes can increase monthly mortgage payments if taxes are escrowed, while lower taxes can provide some financial relief. Understanding these factors is crucial for homeowners to manage their finances effectively.
Average Ellenburg Tax Bill
$4,107
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 Ellenburg, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
12933 | $2,435 | $3,062 | $4,107 | $4,118 | $4,125 |
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 |