Davenport Center, New York Property Taxes
The median property tax rate in Davenport Center, NY is 2.07%, 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 Davenport Center at $86,950, the typical annual property tax bill reaches $1,787, which is below the national median of $2,690. Property taxes in Davenport Center 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 Davenport Center'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 Davenport Center or another part of Delaware County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Davenport Center, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.07%
Estimate Property Tax Bill
$1,800
$1,780
Ownwell’s Davenport Center Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Davenport Center with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Davenport Center 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 Davenport Center, New York
Property taxes in Davenport Center, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Davenport Center is 2.07%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Davenport Center set these rates annually, and they can vary significantly across different neighborhoods. Each year, Davenport Center 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 Davenport Center's effective property tax rate to other areas in Delaware County and the national median. For comparison, the zip code 13751 has both the highest and the lowest median property tax rate of 2.07%. Understanding how these areas compare with Davenport Center 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 Davenport Center Tax Rate
2.07%
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 Davenport Center, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13751 | 1.97% | 2.07% | 2.07% | 2.07% | 2.10% |
Source: Ownwell
Property Tax Assessment Values Across Davenport Center, New York
In Davenport Center, 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 Assessor 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 Davenport Center, 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 Davenport Center helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 13751, with a value of $1787, while the lowest median tax bill is also in zip code 13751, at $1787.
Property Tax Assessment Values Across Davenport Center, New York
Source: Ownwell
$11,700
$136,500
$261,300
Average Davenport Center Assessed Value
$86,950
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 Davenport Center, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13751 | $41,040 | $56,625 | $86,950 | $155,475 | $244,540 |
Source: Ownwell
Property Tax Bills Across Davenport Center, New York
In Davenport Center, Delaware County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. The median home price in Davenport Center is $86,950, and property tax rates can vary widely within the area. For example, the 25th percentile tax bill is $1,210, while the 75th percentile tax bill is $3,177. At the higher end, the 90th percentile tax bill reaches $5,857. Several factors influence the assessed value, including the size, location, and condition of the property. Homeowners in Davenport Center should be aware that their property tax bills can significantly impact their annual expenses, especially when compared to the national median property tax rate of 0.99%. Understanding these factors can help homeowners anticipate their tax obligations and potentially appeal their assessments if they believe they are overvalued.
Average Davenport Center Tax Bill
$1,787
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 Davenport Center, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13751 | $850 | $1,210 | $1,787 | $3,177 | $5,857 |
Source: Ownwell