Arkville, Delaware County, New York Property Taxes
Median Arkville, NY effective property tax rate: 1.67%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Arkville, NY home value: $152,000
Median annual Arkville, NY tax bill: $2,542, $142 higher than the national median property tax bill of $2,400.
How are property taxes in Delaware County calculated?
Property taxes in Arkville, 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 Arkville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Arkville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Arkville, Delaware County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.67%
Estimate Property Tax Bill
$2,538
$2,356
Property Tax Rates Across Arkville, Delaware County, New York
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 Arkville Tax Rate
1.67%
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 Delaware County Tax Rate
2.34%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Arkville, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12406 | 1.66% | 1.67% | 1.67% | 1.72% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Arkville, Delaware County, New York
When examining property taxes in Arkville, 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 Delaware 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.
In Delaware County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Arkville.
For example, the median home price in Arkville is $152,000, with tax bills ranging significantly across the county. ZIP code 12406 has the highest median home price at $152,000.
Property Tax Assessment Values Across Arkville, Delaware County, New York
Source: Ownwell
$40,850
$151,075
$261,300
Median Arkville Market Value
$152,000
Median Delaware County Market Value
$129,271
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Arkville, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12406 | $67,840 | $111,650 | $152,000 | $206,450 | $290,180 |
Source: Ownwell
Property Tax Bills Across Arkville, Delaware County, New York
In Arkville, Delaware County, NY, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors influencing the tax bill include property size, location, and market trends. With a median home price of $152,000, Arkville homeowners face tax bills around the national median of $2,400, but they can range from $1,868 at the 25th percentile to $4,907 at the 90th percentile. This variation can significantly impact homeowners' finances, especially if their property is assessed at a higher value.
Ownwell can assist homeowners in Arkville by providing expert property tax appeal services. By analyzing assessments and identifying discrepancies, Ownwell helps ensure homeowners are not overpaying. With a strategic approach to appealing assessments, Ownwell can potentially lower tax bills, offering substantial savings and financial relief to property owners. This service is particularly beneficial in areas with fluctuating market conditions, ensuring fair taxation.
Median Arkville Tax Bill
$2,542
Median Delaware County Tax Bill
$3,106
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Arkville, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12406 | $1,102 | $1,868 | $2,542 | $3,464 | $4,907 |
Source: Ownwell