Andes, Delaware County, New York Property Taxes
The median property tax rate in Andes, NY is 1.53%, 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 Andes at $213,300, the typical annual property tax bill reaches $3,256, exceeding the national median of $2,690. Property taxes in Andes 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 Andes' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Andes 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
Andes, Delaware County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.53%
Estimate Property Tax Bill
$3,263
$3,028
Ownwell’s Andes Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Andes with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Andes 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 Andes, Delaware County, New York
Property taxes in Andes, New York, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Andes is 1.53%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Andes set these rates annually, and they can vary across different neighborhoods. Each year, Andes 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 Andes' effective property tax rate to other counties in New York and the national median. For comparison, the zip code 13731 has the highest median property tax rate of 1.53%, while the lowest median tax rate is also 1.53% in the same zip code. Understanding how these figures compare with Andes provides valuable insights into the varying tax landscape across Delaware County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Andes Tax Rate
1.53%
Average Delaware County Tax Rate
2.34%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Andes, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13731 | 1.50% | 1.53% | 1.53% | 1.53% | 1.60% |
Source: Ownwell
Property Tax Assessment Values Across Andes, Delaware County, New York
In Andes, 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 Delaware 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 Andes, 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 Andes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill is $3,256 in the zip code 13731, which is also the lowest median tax bill in the area.
Property Tax Assessment Values Across Andes, Delaware County, New York
Source: Ownwell
$40,850
$151,075
$261,300
Average Andes Assessed Value
$213,300
Average Delaware County Assessed Value
$129,271
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Andes, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13731 | $64,590 | $137,450 | $213,300 | $321,975 | $469,460 |
Source: Ownwell
Property Tax Bills Across Andes, Delaware County, New York
In Andes, Delaware County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The process begins with the local assessor determining the assessed value, which is a percentage of the market value. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For example, with a median home price of $213,300, the tax bill can vary significantly. Homeowners in the 25th percentile pay around $2,091, while those in the 75th percentile face bills of about $4,901. At the 90th percentile, tax bills can reach up to $7,231. These figures reflect the variability in property tax burdens across different homes. Compared to the national median property tax rate of 0.99%, Andes homeowners experience a range of tax liabilities that can significantly impact their annual expenses. Understanding these factors helps homeowners anticipate their financial obligations and plan accordingly.
Average Andes Tax Bill
$3,256
Average Delaware County Tax Bill
$3,106
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Andes, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13731 | $1,009 | $2,091 | $3,256 | $4,901 | $7,231 |
Source: Ownwell