Purling, New York Property Taxes
The median property tax rate in Purling, NY is 2.04%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With a median home value in Purling of $194,499, the typical annual property tax bill reaches $3,990, exceeding the national median of $2,690. Property taxes in Purling are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Purling's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Purling or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Purling, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.04%
Estimate Property Tax Bill
$3,968
$3,923
Ownwell’s Purling Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Purling with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Purling to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Purling, New York
Property taxes in Purling, NY, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Purling is 2.04%, significantly higher than the U.S. national median of 0.99%. Local government entities within Purling set these rates annually, and they can vary significantly across different neighborhoods. Each year, Purling estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Purling's effective property tax rate to other counties in New York and the national median. For comparison, the 12470 zip code has the highest median property tax rate of 2.04%, while the same zip code also has the lowest median tax rate of 2.04%. Understanding how these areas compare with Purling provides valuable insights into the varying tax landscape across Greene County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Purling Tax Rate
2.04%
Average Greene County Tax Rate
2.04%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Purling, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12470 | 1.99% | 2.04% | 2.04% | 2.05% | 2.10% |
Source: Ownwell
Property Tax Assessment Values Across Purling, New York
In Purling, NY, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by local appraisal authorities for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Purling, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Purling helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $3,990, found in zip code 12470.
Average Purling Assessed Value
$194,499
Average Greene County Assessed Value
$210,370
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Purling, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12470 | $105,068 | $155,403 | $194,499 | $275,835 | $338,148 |
Source: Ownwell
Property Tax Bills Across Purling, New York
In Purling, NY, property tax bills are calculated based on the assessed value of a home and the applicable tax rate. The median home price in this area is $194,499. Property tax rates in this part of Greene County are relatively high compared to the national median property tax rate of 0.99%. Homeowners in Purling can expect their annual tax bills to vary significantly depending on the value of their property. For example, tax bills at the 25th percentile are around $3,165, while those at the 75th percentile reach approximately $5,592. The 90th percentile tax bill can go up to $7,027. Several factors influence these amounts, including the home's assessed value, local tax rates, and any applicable exemptions. High property taxes can significantly impact homeowners, making it crucial to understand how these bills are calculated. This understanding can help homeowners anticipate their financial obligations and explore potential tax relief options. The highest and lowest median tax bills in Purling both stand at $3,990, indicating a range of variability based on specific property assessments.
Average Purling Tax Bill
$3,990
Average Greene County Tax Bill
$4,183
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Purling, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12470 | $2,087 | $3,165 | $3,990 | $5,592 | $7,027 |
Source: Ownwell