Hagaman, Fulton County, New York Property Taxes

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

Median Hagaman, NY effective property tax rate: 1.78%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Hagaman, NY home value: $181,333
Median annual Hagaman, NY tax bill: $3,154, $754 higher than the national median property tax bill of $2,400.

How are property taxes in Fulton County calculated?

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

Last Updated March 1, 2025

Hagaman, Fulton County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.78%

Estimate Property Tax Bill

$3,228

$2,995

Ownwell’s Hagaman Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hagaman with just two data points. By entering your property's estimated assessed value, our calculator applies Hagaman’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 Fulton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hagaman, Fulton County, New York

Local government entities set tax rates, which can vary widely within a state. This variance is due to each county annually estimating its required budget to provide services and dividing 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.

Below, you can compare Hagaman’s effective property tax rate to other cities in NY and the median property tax rates in NY and the U.S. Hagaman, located in Fulton County, has a median property tax rate of 1.78%, which is significantly higher than the national median property tax rate of 1.02%. This rate is consistent across Fulton County, making it both the highest and lowest in the area. The median property tax bill reflects this rate, often surpassing the national median of $2,400. Understanding these figures can help property owners in Hagaman make informed decisions about property tax appeals and exemptions.

Property Tax Rates Across Hagaman, Fulton County, New York

Source: Ownwell

1.78%

2.47%

3.15%

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 Hagaman Tax Rate

1.78%

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 Hagaman, Fulton County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12086	1.20%	1.25%	1.78%	2.09%	2.22%

Source: Ownwell

Property Tax Assessment Values Across Hagaman, Fulton County, New York

When examining property taxes in Hagaman, 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 Assessor's Office 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 Hagaman.

For example, the median home price in Hagaman is $181,333, with tax bills ranging significantly across the county. Zip code 12086 has the highest median home price at $181,333.

Property Tax Assessment Values Across Hagaman, Fulton County, New York

Source: Ownwell

$83,820

$141,044

$198,268

Median Hagaman Market Value

$181,333

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 Hagaman, Fulton County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12086	$115,879	$146,666	$181,333	$244,969	$299,878

Source: Ownwell

Property Tax Bills Across Hagaman, Fulton County, New York

In Hagaman, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. For homeowners in Fulton County, the median property tax bill is significantly higher than the national median, with amounts ranging from $2,078 at the 25th percentile to $5,671 at the 90th percentile. This wide range indicates that property taxes can vary greatly depending on the specific assessed value and tax rate applied to a property. Factors such as location, property size, and improvements can influence the assessed value, ultimately impacting the homeowner's tax bill. With the highest and lowest median tax bill both listed at $3,154 in the zip code 12086, it's evident that homeowners in this area face substantial property taxes. Ownwell can help homeowners reduce their property tax bills by providing expert property tax appeal and exemption services, potentially saving them money by ensuring their property is fairly assessed and taxed accordingly.

Property Tax Bills Across Hagaman, Fulton County, New York

Source: Ownwell

$1,911

$2,884

$3,856

Median Hagaman Tax Bill

$3,154

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 Hagaman, Fulton County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12086	$1,472	$2,078	$3,154	$3,937	$5,671

Source: Ownwell

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Dates

Links
Fulton Assessment Review Commission
Website	sdg.fultoncountyny.gov