Leeds, Greene County, New York Property Taxes
Median Leeds, NY effective property tax rate: 2.05%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Leeds, NY home value: $203,940
Median annual Leeds, NY tax bill: $4,045, $1,645 higher than the national median property tax bill of $2,400.
How are property taxes in Greene calculated?
Property taxes in Leeds, 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 Leeds’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Leeds, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Leeds, Greene County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.05%
Estimate Property Tax Bill
$4,181
$3,880
Property Tax Rates Across Leeds, Greene County, New York
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 Leeds Tax Rate
2.05%
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 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 Leeds, Greene County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12451 | 1.72% | 2.01% | 2.05% | 2.05% | 2.17% |
Source: Ownwell
Property Tax Assessment Values Across Leeds, Greene County, New York
When examining property taxes in Leeds, 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 Leeds. For example, the median home price in Leeds is $203,940, with tax bills ranging significantly across the county. Zip code 12451 has the highest median home price at $203,940.
Property Tax Assessment Values Across Leeds, Greene County, New York
Source: Ownwell
$161,982
$238,341
$314,700
Median Leeds Market Value
$203,940
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 Leeds, Greene County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12451 | $125,370 | $160,498 | $203,940 | $271,660 | $353,285 |
Source: Ownwell
Property Tax Bills Across Leeds, Greene County, New York
In Leeds, located in Greene County, NY, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in this area face a median tax bill of $4,045, notably higher than the national median of $2,400. This is due to the county's tax rate and property values. The tax bill can vary significantly, with the 25th percentile at $3,204 and the 75th percentile reaching $5,413, demonstrating the range of property values and tax burdens in the region.
Several factors influence the tax bill, including property size, location, and improvements. These elements contribute to the assessed value, which directly impacts the amount owed in taxes. For homeowners, this can mean a substantial portion of their budget goes towards property taxes, affecting financial planning and homeownership costs.
Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing property assessments and market conditions, Ownwell can help reduce tax burdens, ensuring homeowners pay only what is necessary and potentially saving them significant amounts annually.
Median Leeds Tax Bill
$4,045
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 Leeds, Greene County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12451 | $2,391 | $3,204 | $4,045 | $5,413 | $6,976 |
Source: Ownwell