Palenville, Greene County, New York Property Taxes

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

Median Palenville, NY effective property tax rate: 2.04%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Palenville, NY home value: $222,222
Median annual Palenville, NY tax bill: $4,462, $2,062 higher than the national median property tax bill of $2,400.

How are property taxes in Greene County calculated?

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

Last Updated March 1, 2025

Palenville, Greene County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.04%

Estimate Property Tax Bill

$4,533

$4,207

Ownwell’s Palenville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Palenville with just two data points. By entering your property's estimated assessed value, our calculator applies Palenville’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 Palenville, Greene County, New York

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county 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, in a nutshell, this is the annual process. Below, you can compare Palenville’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.

Palenville, located in Greene County, has a median property tax rate of 2.04%, which is notably higher than the national median of 1.02%. This places Palenville among the areas with the highest property tax rates in the country. Despite the higher tax rate, understanding the local government's budgeting process can provide insight into how these rates are determined and why they might be necessary to support community services. For residents, this highlights the importance of exploring property tax appeal and exemption services to potentially reduce their tax burden.

Property Tax Rates Across Palenville, 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 Palenville Tax Rate

2.04%

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 Palenville, Greene County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12463	1.99%	2.02%	2.04%	2.07%	2.07%

Source: Ownwell

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

When examining property taxes in Palenville, 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. Assessment notices: 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 Palenville. For example, the median home price in Palenville is $222,222, with tax bills ranging significantly across the county. 12463 has the highest median home price at $222,222.

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

Source: Ownwell

$161,982

$238,341

$314,700

Median Palenville Market Value

$222,222

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 Palenville, Greene County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12463	$129,926	$165,926	$222,222	$292,099	$362,173

Source: Ownwell

Property Tax Bills Across Palenville, Greene County, New York

In Palenville, Greene County, NY, 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 tax bill. Factors such as the home's location, size, and market conditions can influence the assessed value. The median property tax bill in Palenville is $4,462, significantly higher than the national median of $2,400. Homeowners in the area face a range of tax bills, with the 25th percentile at $3,320 and the 75th percentile reaching $5,850. This financial burden can be substantial, especially when compared to the national median property tax rate of 1.02%. Ownwell offers a solution by providing property tax appeal and exemption services, potentially reducing these high tax bills. By leveraging expertise and local knowledge, Ownwell can help homeowners navigate the complexities of property tax assessments, ensuring they are not overpaying and can achieve significant savings.

Property Tax Bills Across Palenville, Greene County, New York

Source: Ownwell

$2,594

$4,231

$5,868

Median Palenville Tax Bill

$4,462

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 Palenville, Greene County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12463	$2,532	$3,320	$4,462	$5,850	$7,246

Source: Ownwell