Denver, Delaware County, New York Property Taxes
Median Denver, NY effective property tax rate: 1.93%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Denver, NY home value: $177,000
Median annual Denver, NY tax bill: $3,727, $1,327 higher than the national median property tax bill of $2,400.
How are property taxes in Delaware calculated?
Property taxes in Denver, 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 Denver’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Denver, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Denver, Delaware County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.93%
Estimate Property Tax Bill
$3,416
$3,170
Property Tax Rates Across Denver, Delaware County, New York
Local government entities set tax rates, which can vary widely within a state. 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.
In Denver, located in Delaware County, NY, property tax rates reflect the county’s budgetary needs and property values. The effective property tax rate in this area is notably higher than the national median of 1.02%. This is important for property owners to consider, as it can significantly impact their annual tax bills. Comparing Denver’s rates to other cities within New York and the national median provides a clearer picture of the local tax landscape. Understanding these differences is crucial for homeowners looking to manage their expenses effectively. By staying informed about property tax rates, homeowners can better anticipate their financial obligations and explore potential savings through tax appeals or exemptions.
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 Denver Tax Rate
1.93%
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 Denver, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12421 | 1.93% | 1.93% | 1.93% | 1.94% | 2.67% |
Source: Ownwell
Property Tax Assessment Values Across Denver, Delaware County, New York
When examining property taxes in Denver, 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 Denver. For example, the median home price in Denver is $177,000, with tax bills ranging significantly across the county. Zip code 12421 has the highest median home price at $177,000.
Property Tax Assessment Values Across Denver, Delaware County, New York
Source: Ownwell
$40,850
$151,075
$261,300
Median Denver Market Value
$177,000
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 Denver, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12421 | $83,320 | $128,325 | $177,000 | $265,400 | $385,880 |
Source: Ownwell
Property Tax Bills Across Denver, Delaware County, New York
In Denver, 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 tax rate to determine the annual tax bill. The median home price in this area is $177,000, and homeowners typically face a median property tax bill of $3,727, significantly higher than the national median of $2,400. Factors influencing the tax bill include property size, location, and market conditions. These taxes can be a substantial financial burden for homeowners, especially when the tax bill can reach up to $7,320 for those in the 90th percentile.
Ownwell assists homeowners in Denver by offering property tax appeal and exemption services, helping them potentially lower their tax bills. By analyzing property assessments and market data, Ownwell identifies opportunities for homeowners to challenge over-assessments, ensuring they pay only their fair share. This service can lead to significant savings, alleviating the financial strain of high property taxes.
Median Denver Tax Bill
$3,727
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 Denver, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12421 | $1,587 | $2,680 | $3,727 | $5,144 | $7,320 |
Source: Ownwell