Keeseville, New York Property Taxes
The median property tax rate in Keeseville, NY is 2.44%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Keeseville at $153,150, the typical annual property tax bill reaches $3,531, surpassing the national median of $2,690. Property taxes in Keeseville are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Keeseville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Keeseville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Keeseville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.44%
Estimate Property Tax Bill
$3,737
$3,695
Ownwell’s Keeseville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Keeseville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Keeseville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Keeseville, New York
Property taxes in Keeseville, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Keeseville is 2.44%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Keeseville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Keeseville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Keeseville's effective property tax rate to other counties in New York and the national median. For comparison, the 12944 zip code has the highest median property tax rate of 2.44%, while the same zip code also has the lowest median tax rate of 2.44%. Understanding how these cities compare with Keeseville provides valuable insights into the varying tax landscape across Essex County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Keeseville Tax Rate
2.44%
Average Essex County Tax Rate
1.92%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Keeseville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12944 | 2.26% | 2.44% | 2.44% | 2.44% | 2.45% |
Source: Ownwell
Property Tax Assessment Values Across Keeseville, New York
In Keeseville, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Essex County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Keeseville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Keeseville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. In Essex County, the median home price is $153,150. The 25th percentile tax bill is $2,079, while the 75th percentile tax bill is $5,792. The 90th percentile tax bill reaches $9,212. The highest and lowest median tax bills are both $3,531, found in zip code 12944.
Average Keeseville Assessed Value
$153,150
Average Essex County Assessed Value
$151,489
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Keeseville, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12944 | $50,110 | $89,600 | $153,150 | $245,350 | $379,930 |
Source: Ownwell
Property Tax Bills Across Keeseville, New York
In Keeseville, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's location, size, and condition are considered during the assessment process. For homeowners in Keeseville, Essex County, the median home price is $153,150. Property tax bills can vary significantly, with the 25th percentile tax bill at $2,079 and the 75th percentile at $5,792. The 90th percentile tax bill can reach up to $9,212. The median tax bill in the area is $3,531, which is notably higher than the national median property tax rate of 0.99%. These property taxes fund essential local services such as schools, public safety, and infrastructure, directly impacting the community's quality of life. Homeowners should be aware of these factors, as they can significantly influence their annual financial planning and long-term investment in their property.
Average Keeseville Tax Bill
$3,531
Average Essex County Tax Bill
$2,966
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Keeseville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12944 | $1,117 | $2,079 | $3,531 | $5,792 | $9,212 |
Source: Ownwell