Keene Valley, Essex County, New York Property Taxes

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

Median Keene Valley, NY effective property tax rate: 2.16%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Keene Valley, NY home value: $300,647
Median annual Keene Valley, NY tax bill: $6,201, $3,801 higher than the national median property tax bill of $2,400.

How are property taxes in Essex calculated?

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

Last Updated March 1, 2025

Keene Valley, Essex County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.16%

Estimate Property Tax Bill

$6,494

$6,026

Ownwell’s Keene Valley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Keene Valley with just two data points.

By entering your property's estimated assessed value, our calculator applies Keene Valley’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 Essex County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Keene Valley, Essex County, New York

Local government entities set tax rates, which can vary widely within a state. This is because each county annually 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.

Keene Valley in Essex County, NY, showcases an effective property tax rate of 2.16%, which is significantly above the national median of 1.02%. This rate is consistent across the county and is the highest in the region, reflecting the local budgetary needs and property values. Compared to the national median property tax bill of $2400, residents here may experience higher property tax obligations. This underscores the importance of understanding local tax dynamics and considering professional property tax appeal services to potentially reduce tax burdens. By comparing Keene Valley's rate to other cities in New York and the median property tax rates in both New York and the U.S., property owners can gain valuable insights into how their taxes stack up and explore opportunities for savings.

Property Tax Rates Across Keene Valley, Essex County, New York

Source: Ownwell

1.46%

2.46%

3.46%

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 Keene Valley Tax Rate

2.16%

Median Effective Essex County Tax Rate

1.92%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Keene Valley, Essex County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12943	2.15%	2.16%	2.16%	2.16%	2.16%

Source: Ownwell

Property Tax Assessment Values Across Keene Valley, Essex County, New York

When examining property taxes in Keene Valley, 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 Essex 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 Essex 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 Keene Valley.

For example, the median home price in Keene Valley is $300,647, with tax bills ranging significantly across the county. The zip code 12943 has the highest median home price at $300,647.

Property Tax Assessment Values Across Keene Valley, Essex County, New York

Source: Ownwell

$49,622

$193,461

$337,300

Median Keene Valley Market Value

$300,647

Median Essex County Market Value

$151,489

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Keene Valley, Essex County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12943	$127,741	$197,912	$300,647	$485,148	$711,588

Source: Ownwell

Property Tax Bills Across Keene Valley, Essex County, New York

In Keene Valley, Essex County, NY, property tax bills are calculated based on the assessed value of a home, which reflects its market value. The local tax rate is then applied to this assessed value to determine the tax bill. Homeowners in Keene Valley face a median property tax bill of $6,201, significantly higher than the national median of $2,400. This high tax burden can be attributed to the area's desirable location and property values. Factors such as recent home sales, improvements, and changes in the local tax rate can influence the assessed value, affecting the final tax bill. Ownwell offers expert property tax appeal and exemption services to help homeowners in Keene Valley reduce their tax burden. By analyzing property assessments and market trends, Ownwell identifies opportunities for savings and guides homeowners through the appeal process, ensuring they pay only their fair share. With Ownwell's assistance, homeowners can potentially lower their tax bills and alleviate the financial strain of high property taxes.

Property Tax Bills Across Keene Valley, Essex County, New York

Source: Ownwell

$573

$3,573

$6,573

Median Keene Valley Tax Bill

$6,201

Median Essex County Tax Bill

$2,966

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Keene Valley, Essex County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12943	$2,161	$3,835	$6,201	$10,039	$15,215

Source: Ownwell