Walton, Delaware County, New York Property Taxes

Name: Property Tax Bills Across Walton, Delaware County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Walton, NY effective property tax rate: 2.29%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Walton, NY home value: $114,100
Median annual Walton, NY tax bill: $2,925, $525 higher than the national median property tax bill of $2,400.

How are property taxes in Delaware calculated?

Property taxes in Walton, 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 Walton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Walton, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Walton, Delaware County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.29%

Estimate Property Tax Bill

$2,613

$2,425

Ownwell’s Walton Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Walton with just two data points. By entering your property's estimated assessed value, our calculator applies Walton’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Delaware County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Walton, Delaware County, New York

Local government entities are responsible for setting tax rates, which can differ significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in establishing tax rates and budgets, this process is essentially repeated every year.

In Walton, located in Delaware County, NY, the effective property tax rate is an important figure to consider. This rate can be compared to those of other cities within New York and the broader national median. With a median property tax rate of 2.29%, Walton stands out, especially when compared to the national median of 1.02%. Property owners in Walton pay significantly higher rates than the national average, reflecting the local government's budgetary needs and the assessed property values. Understanding these rates can help property owners make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Walton, Delaware County, New York

Source: Ownwell

1.53%

3.61%

5.69%

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 Walton Tax Rate

2.29%

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 Walton, Delaware County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13856	2.11%	2.11%	2.29%	2.90%	3.82%

Source: Ownwell

Property Tax Assessment Values Across Walton, Delaware County, New York

When examining property taxes in Walton, 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 Walton. For example, the median home price in Walton is $114,100, with tax bills ranging significantly across the county. Zip code 13856 has the highest median home price at $114,100.

Property Tax Assessment Values Across Walton, Delaware County, New York

Source: Ownwell

$40,850

$151,075

$261,300

Median Walton Market Value

$114,100

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 Walton, Delaware County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13856	$44,700	$76,500	$114,100	$158,800	$244,700

Source: Ownwell

Property Tax Bills Across Walton, Delaware County, New York

In Walton, located in Delaware County, NY, property tax bills are determined by assessing the property's market value and applying the local tax rate. With a median home price of $114,100, homeowners face a property tax rate that can result in a wide range of tax bills. The tax bill at the 25th percentile is $2,040, while at the 75th percentile, it rises to $3,966. In comparison, the national median property tax bill is $2,400. Factors such as changes in assessed value or local tax rate adjustments can significantly affect a homeowner's tax bill. Walton's highest and lowest median tax bills are both $2,925 in the 13856 zip code, indicating a consistent tax burden within this area. Homeowners in Walton can benefit from Ownwell's property tax appeal services. By identifying potential discrepancies in property assessments or uncovering eligibility for exemptions, Ownwell helps reduce tax liabilities, ensuring homeowners do not overpay and can enjoy savings on their property tax bills.

Property Tax Bills Across Walton, Delaware County, New York

Source: Ownwell

$1,582

$3,293

$5,003

Median Walton Tax Bill

$2,925

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 Walton, Delaware County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13856	$1,180	$2,040	$2,925	$3,966	$5,354

Source: Ownwell