Round Top, Greene County, New York Property Taxes

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

Median Round Top, 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 Round Top, NY home value: $239,882
Median annual Round Top, NY tax bill: $4,826, $2,426 higher than the national median property tax bill of $2,400.

How are property taxes in Greene County calculated?

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

Last Updated March 1, 2025

Round Top, 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

$4,894

$4,541

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

Local government entities set tax rates, which can vary widely within a state due to each county's unique budgetary requirements. Annually, counties estimate their required budget to provide essential services and divide that by the total value of all taxable property within their 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. Round Top in Greene County, NY, has an effective property tax rate that reflects the county's budgetary needs and property values. When comparing Round Top’s effective property tax rate to other cities in New York, it’s essential to consider how these rates align with the state and national medians. New York's property tax rates can significantly differ from the national median of 1.02%, highlighting the importance of understanding local tax obligations and potential savings through appeals or exemptions. Whether you're a homeowner or investor, being informed about these rates can lead to substantial financial benefits.

Property Tax Rates Across Round Top, 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 Round Top 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 Round Top, Greene County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12473	2.02%	2.04%	2.04%	2.04%	2.05%

Source: Ownwell

Property Tax Assessment Values Across Round Top, Greene County, New York

When examining property taxes in Round Top, 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 assessment 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 Greene 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 Round Top. For example, the median home price in Round Top is $239,882, with tax bills ranging significantly across the county. Zip code 12473 has the highest median home price at $239,882.

Property Tax Assessment Values Across Round Top, Greene County, New York

Source: Ownwell

$161,982

$238,341

$314,700

Median Round Top Market Value

$239,882

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 Round Top, Greene County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12473	$146,208	$179,764	$239,882	$312,967	$402,279

Source: Ownwell

Property Tax Bills Across Round Top, Greene County, New York

In Round Top, Greene County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The tax rate is applied to this assessed value to determine the annual tax bill. Factors such as property location, size, and improvements can influence the assessed value. Homeowners in Round Top face a median property tax bill of $4,826, significantly higher than the national median of $2,400. This means that many homeowners in the area pay more than the average American, with tax bills ranging from $3,674 at the 25th percentile to $7,930 at the 90th percentile.

Ownwell can help homeowners in Round Top reduce their property tax bills by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies or overvaluations, Ownwell can assist in filing appeals to potentially lower tax obligations. This service could result in substantial savings for homeowners, ensuring they pay only their fair share.

Property Tax Bills Across Round Top, Greene County, New York

Source: Ownwell

$2,594

$4,231

$5,868

Median Round Top Tax Bill

$4,826

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 Round Top, Greene County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12473	$2,880	$3,674	$4,826	$6,316	$7,930

Source: Ownwell