Masonville, Delaware County, New York Property Taxes
Median Masonville, NY effective property tax rate: 2.68%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Masonville, NY home value: $93,400
Median annual Masonville, NY tax bill: $2,528, $128 higher than the national median property tax bill of $2,400.
How are property taxes in Delaware calculated?
Property taxes in Masonville, 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 Masonville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Masonville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Masonville, Delaware County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.68%
Estimate Property Tax Bill
$2,503
$2,323
Property Tax Rates Across Masonville, Delaware County, New York
Local government entities are responsible for setting tax rates, and these rates can vary significantly within a state. This variation is due to each county's annual budget estimation, which is necessary to provide services. The budget is divided by the total value of all taxable property within the county, resulting in the property tax rate. Although the process involves votes and laws, this is the basic annual procedure.
In Masonville, located in Delaware County, NY, the effective property tax rate is a key point of comparison. When you look at Masonville’s property tax rate, it provides insight into how it compares to other cities in New York and the national landscape. The median property tax rate in New York is significantly higher than the national median rate of 1.02%. This difference highlights the importance of understanding local tax obligations and how they can impact property owners. By comparing these rates, property owners can better understand their tax responsibilities and make informed financial decisions.
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 Masonville Tax Rate
2.68%
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 Masonville, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13804 | 2.51% | 2.68% | 2.68% | 2.68% | 2.72% |
Source: Ownwell
Property Tax Assessment Values Across Masonville, Delaware County, New York
When examining property taxes in Masonville, 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 Masonville. For example, the median home price in Masonville is $93,400, with tax bills ranging significantly across the county. Zip code 13804 has the highest median home price at $93,400.
Property Tax Assessment Values Across Masonville, Delaware County, New York
Source: Ownwell
$40,850
$151,075
$261,300
Median Masonville Market Value
$93,400
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 Masonville, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13804 | $30,680 | $56,900 | $93,400 | $141,500 | $197,060 |
Source: Ownwell
Property Tax Bills Across Masonville, Delaware County, New York
Median Masonville Tax Bill
$2,528
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 Masonville, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13804 | $849 | $1,549 | $2,528 | $3,792 | $5,236 |
Source: Ownwell