Climax, Greene County, New York Property Taxes

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

Median CLIMAX, NY effective property tax rate: 2.50%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median CLIMAX, NY home value: $190,500
Median annual CLIMAX, NY tax bill: $4,415, $2,015 higher than the national median property tax bill of $2,400.

How are property taxes in Greene calculated?

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

Last Updated March 1, 2025

Climax, Greene County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.5%

Estimate Property Tax Bill

$4,763

$4,419

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

Property Tax Rates Across Climax, Greene County, New York

Local government entities are responsible for setting tax rates, which can vary widely within a state. 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, this is the annual process in a nutshell.

In Climax, situated in Greene County, New York, the effective property tax rate is notably higher than the national median of 1.02%. This rate aligns with the median property tax rate in New York, which stands at 2.50%. This is significantly higher than the national median property tax bill of $2400. The uniformity of the tax rate across New York is highlighted by the fact that both the highest and lowest median tax rates are the same, reflecting the state's consistent approach to property tax assessments. Comparing Climax's effective property tax rate to other cities in New York and the U.S. can provide valuable insights for property owners and prospective buyers.

Property Tax Rates Across Climax, Greene County, New York

Source: Ownwell

1.24%

2.05%

2.86%

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 Climax Tax Rate

2.50%

Median Effective Greene County Tax Rate

2.04%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Climax, Greene County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12042	2.18%	2.18%	2.50%	2.50%	2.57%

Source: Ownwell

Property Tax Assessment Values Across Climax, Greene County, New York

When examining property taxes in Climax, 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 Greene 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 Greene 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 Climax. For example, the median home price in Climax is $190,500, with tax bills ranging significantly across the county. Zip code 12042 has the highest median home price at $190,500.

Property Tax Assessment Values Across Climax, Greene County, New York

Source: Ownwell

$161,982

$238,341

$314,700

Median Climax Market Value

$190,500

Median Greene County Market Value

$210,370

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Climax, Greene County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12042	$110,840	$141,040	$190,500	$253,153	$348,193

Source: Ownwell

Property Tax Bills Across Climax, Greene County, New York

In Climax, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. In Greene County, homeowners face a range of property tax bills, with the 25th percentile at $3,358 and the 75th percentile reaching $6,198. The tax bill can even climb to $8,547 for those in the 90th percentile. These figures are significantly higher than the national median property tax bill of $2,400, indicating a substantial financial burden for homeowners in Climax.

Ownwell assists homeowners by identifying potential inaccuracies in property assessments and filing appeals on their behalf. By leveraging expert knowledge and experience, Ownwell can help reduce the assessed value, thereby lowering the tax bill. This service not only alleviates the financial strain but also ensures homeowners pay only their fair share, potentially saving them thousands of dollars annually.

Property Tax Bills Across Climax, Greene County, New York

Source: Ownwell

$2,594

$4,231

$5,868

Median Climax Tax Bill

$4,415

Median Greene County Tax Bill

$4,183

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Climax, Greene County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12042	$2,435	$3,358	$4,415	$6,198	$8,547

Source: Ownwell