De Ruyter, Cortland County, New York Property Taxes

Name: Property Tax Bills Across De Ruyter, Cortland County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median De Ruyter, NY effective property tax rate: 3.48%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median De Ruyter, NY home value: $98,372. Median annual De Ruyter, NY tax bill: $2,882, $482 higher than the national median property tax bill of $2,400.

How are property taxes in Cortland calculated?

Property taxes in De Ruyter, 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 De Ruyter’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in De Ruyter, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

De Ruyter, Cortland County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.48%

Estimate Property Tax Bill

$3,423

$3,177

Ownwell’s DE RUYTER Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in DE RUYTER with just two data points. By entering your property's estimated assessed value, our calculator applies DE RUYTER’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 Cortland. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across De Ruyter, Cortland County, New York

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare De Ruyter’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.

In De Ruyter, located in Cortland County, the property tax rate is significantly higher than the national median of 1.02%. This places a considerable burden on homeowners compared to other areas. While the national median property tax bill is $2,400, residents in De Ruyter might find themselves paying substantially more due to the elevated rate. It's important for property owners to be aware of these differences as they can impact overall financial planning and home affordability.

Property Tax Rates Across De Ruyter, Cortland County, New York

Source: Ownwell

1.90%

2.94%

3.97%

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 De Ruyter Tax Rate

3.48%

Median Effective Cortland County Tax Rate

3.26%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across De Ruyter, Cortland County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13052	1.56%	2.35%	3.48%	3.48%	3.48%

Source: Ownwell

Property Tax Assessment Values Across De Ruyter, Cortland County, New York

When examining property taxes in De Ruyter, 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 Cortland 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. Assessment notices: In Cortland County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 De Ruyter. For example, the median home price in De Ruyter is $98,372, with tax bills ranging significantly across the county. 13052 has the highest median home price at $98,372.

Property Tax Assessment Values Across De Ruyter, Cortland County, New York

Source: Ownwell

$78,089

$126,995

$175,901

Median De Ruyter Market Value

$98,372

Median Cortland County Market Value

$117,179

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across De Ruyter, Cortland County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13052	$34,837	$69,474	$98,372	$145,000	$197,977

Source: Ownwell

Property Tax Bills Across De Ruyter, Cortland County, New York

In De Ruyter, located in Cortland County, NY, property tax bills are calculated by multiplying the assessed value of a home by the local tax rate. The assessed value typically reflects a percentage of the market value, and the local tax rate is determined by the needs of the community, including funding for schools, infrastructure, and public services. Homeowners in De Ruyter face varying tax bills, with the 25th percentile at $1,520 and the 75th percentile reaching $4,109. The 90th percentile tax bill can go as high as $5,565. Comparatively, the national median property tax bill is $2,400, highlighting the potential for higher costs in this area.

Homeowners can benefit from Ownwell's expertise in appealing property tax assessments and securing exemptions, potentially lowering their tax burden. By analyzing individual property assessments and identifying discrepancies, Ownwell helps ensure homeowners are not overpaying. This service can be particularly valuable in regions like De Ruyter, where tax bills can significantly impact household budgets.

Property Tax Bills Across De Ruyter, Cortland County, New York

Source: Ownwell

$1,363

$3,373

$5,382

Median De Ruyter Tax Bill

$2,882

Median Cortland County Tax Bill

$3,928

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across De Ruyter, Cortland County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13052	$722	$1,520	$2,882	$4,109	$5,565

Source: Ownwell