Fishs Eddy, Delaware County, New York Property Taxes
Median Fishs Eddy, NY effective property tax rate: 2.35%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Fishs Eddy, NY home value: $78,486
Median annual Fishs Eddy, NY tax bill: $1,843, $557 lower than the national median property tax bill of $2,400.
How are property taxes in Delaware County calculated?
Property taxes in Fishs Eddy, 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 Fishs Eddy’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fishs Eddy, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fishs Eddy, Delaware County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.35%
Estimate Property Tax Bill
$1,844
$1,712
Property Tax Rates Across Fishs Eddy, Delaware County, New York
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties like Delaware in New York estimate their required budget to provide essential services. They then divide this budget by the total value of all taxable property within their jurisdiction to calculate the property tax rate. This process, although simplified here, involves votes and laws to establish tax rates and budgets annually.
Fishs Eddy, located in Delaware County, New York, is a prime example of how local tax rates can differ. The effective property tax rate in Fishs Eddy is notably higher than the national median property tax rate of 1.02%. Compared to other cities in New York, Fishs Eddy's rate is among the highest, reflecting the county's budgetary needs and property values. While the national median property tax bill stands at $2,400, residents in Fishs Eddy may find their bills significantly higher due to the elevated tax rate. Understanding these variations can help property owners anticipate their tax obligations and explore potential savings through 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 Fishs Eddy Tax Rate
2.35%
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 Fishs Eddy, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13774 | 2.32% | 2.32% | 2.35% | 2.35% | 2.35% |
Source: Ownwell
Property Tax Assessment Values Across Fishs Eddy, Delaware County, New York
When examining property taxes in Fishs Eddy, 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 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 Fishs Eddy. For example, the median home price in Fishs Eddy is $78,486, with tax bills ranging significantly across the county. 13774 has the highest median home price at $78,486.
Property Tax Assessment Values Across Fishs Eddy, Delaware County, New York
Source: Ownwell
$40,850
$151,075
$261,300
Median Fishs Eddy Market Value
$78,486
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 Fishs Eddy, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13774 | $27,701 | $46,168 | $78,486 | $115,420 | $156,971 |
Source: Ownwell
Property Tax Bills Across Fishs Eddy, Delaware County, New York
Median Fishs Eddy Tax Bill
$1,843
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 Fishs Eddy, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13774 | $649 | $1,084 | $1,843 | $2,758 | $3,512 |
Source: Ownwell