Fonda, Fulton County, New York Property Taxes
Median Fonda, NY effective property tax rate: 2.61%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Fonda, NY home value: $89,027
Median annual Fonda, NY tax bill: $2,096, $304 lower than the national median property tax bill of $2,400.
How are property taxes in Fulton calculated?
Property taxes in Fonda, 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 Fonda’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fonda, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fonda, Fulton County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.61%
Estimate Property Tax Bill
$2,324
$2,156
Property Tax Rates Across Fonda, Fulton County, New York
Local government entities are responsible for setting property tax rates, which can differ significantly even within the same state. This variation is primarily due to each county's annual process of estimating its budgetary needs for providing services. The total budget is then divided by the combined assessed value of all taxable properties within the county, resulting in the property tax rate. While there are votes and legislative measures involved in determining these rates and budgets, this is essentially how the process unfolds each year.
In Fonda, located in Fulton County, NY, the effective property tax rate stands out when compared to other cities in the state. The median property tax rate in Fonda is 2.61%, which is notably higher than the national median of 1.02%. This high rate can translate into a significant property tax bill, especially when compared to the national median property tax bill of $2400. Understanding these local tax dynamics can be crucial for property owners looking to manage their tax liabilities effectively.
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 Fonda Tax Rate
2.61%
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 Fulton County Tax Rate
2.23%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fonda, Fulton County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12068 | 2.59% | 2.61% | 2.61% | 2.61% | 2.61% |
Source: Ownwell
Property Tax Assessment Values Across Fonda, Fulton County, New York
When examining property taxes in Fonda, 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 Fulton 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 Fulton 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 Fonda.
For example, the median home price in Fonda is $89,027, with tax bills ranging significantly across the county. Zip code 12068 has the highest median home price at $89,027.
Property Tax Assessment Values Across Fonda, Fulton County, New York
Source: Ownwell
$83,820
$141,044
$198,268
Median Fonda Market Value
$89,027
Median Fulton County Market Value
$117,346
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fonda, Fulton County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12068 | $38,053 | $52,832 | $89,027 | $124,514 | $268,673 |
Source: Ownwell
Property Tax Bills Across Fonda, Fulton County, New York
Median Fonda Tax Bill
$2,096
Median Fulton County Tax Bill
$2,522
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Fonda, Fulton County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12068 | $966 | $1,225 | $2,096 | $2,889 | $3,639 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
|---|
Links | |
|---|---|
| Fulton Assessment Review Commission | |
| Website | sdg.fultoncountyny.gov |