Carmel, Dutchess County, New York Property Taxes
Median Carmel, NY effective property tax rate: 3.01%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Carmel, NY home value: $288,450
Median annual Carmel, NY tax bill: $8,647, $6,247 higher than the national median property tax bill of $2,400.
How are property taxes in Dutchess County calculated?
Property taxes in Carmel, 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 Carmel’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Carmel, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Carmel, Dutchess County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.01%
Estimate Property Tax Bill
$8,682
$8,057
Property Tax Rates Across Carmel, Dutchess County, New York
Local government entities in New York set property tax rates, which can vary significantly across different areas. This variation is due to each county's annual budgetary needs, which determine the property tax rate by dividing the required budget by the total assessed value of all taxable properties. Though votes and legislation play roles in this process, this calculation is the essence of how property tax rates are determined annually.
In Carmel, located in Dutchess County, the effective property tax rate is 3.01%. This rate is notably higher than the national median property tax rate of 1.02%. Carmel's rate is consistent with the highest and lowest rates in Dutchess County, both at 3.01%, indicating a uniform tax rate across the region. This consistency underscores the county's approach to property tax assessments and highlights the importance of understanding local tax rates compared to national averages.
For property owners in Carmel, this means that tax bills are likely to be higher than the national median property tax bill of $2,400, reflecting the higher rate applied to assessed property values.
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 Carmel Tax Rate
3.01%
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 Dutchess County Tax Rate
2.86%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Carmel, Dutchess County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10512 | 3.01% | 3.01% | 3.01% | 3.01% | 3.01% |
Source: Ownwell
Property Tax Assessment Values Across Carmel, Dutchess County, New York
When examining property taxes in Carmel, 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 Dutchess 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 Dutchess 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 Carmel. For example, the median home price in Carmel is $288,450, with tax bills ranging significantly across the county. Zip code 10512 has the highest median home price at $288,450.
Property Tax Assessment Values Across Carmel, Dutchess County, New York
Source: Ownwell
$245,350
$335,950
$426,550
Median Carmel Market Value
$288,450
Median Dutchess County Market Value
$321,800
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Carmel, Dutchess County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10512 | $207,640 | $268,075 | $288,450 | $309,900 | $347,790 |
Source: Ownwell
Property Tax Bills Across Carmel, Dutchess County, New York
Median Carmel Tax Bill
$8,647
Median Dutchess County Tax Bill
$9,388
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Carmel, Dutchess County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10512 | $6,250 | $8,069 | $8,647 | $9,091 | $10,425 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Dutchess Assessment Review Commission | |
| Website | gis.dutchessny.gov |