Brownville, New York Property Taxes
The median property tax rate in Brownville, NY is 2.44%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Brownville at $150,000, the typical annual property tax bill reaches $3,586, surpassing the national median of $2,690. Property taxes in Brownville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Brownville'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 Brownville or another part of Jefferson County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brownville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.44%
Estimate Property Tax Bill
$3,660
$3,396
Ownwell’s Brownville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brownville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brownville 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 Brownville, New York
Property taxes in Brownville, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brownville is 2.44%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Brownville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brownville 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 Brownville's effective property tax rate to other counties in New York and the national median. For comparison, the 13615 zip code has both the highest and lowest median property tax rate of 2.44%. Understanding how these cities compare with Brownville provides valuable insights into the varying tax landscape across Jefferson County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brownville Tax Rate
2.44%
Average Jefferson County Tax Rate
1.81%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brownville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13615 | 2.33% | 2.44% | 2.44% | 2.44% | 2.44% |
Source: Ownwell
Property Tax Assessment Values Across Brownville, New York
In Brownville, New York, 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 Jefferson County 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 Brownville, 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 Brownville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median property tax bill in the area ranges significantly, with the highest median tax bill found in the 13615 zip code at $3,586, mirroring the lowest median tax bill in the same zip code.
Average Brownville Assessed Value
$150,000
Average Jefferson County Assessed Value
$134,468
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brownville, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13615 | $93,889 | $121,111 | $150,000 | $196,667 | $257,778 |
Source: Ownwell
Property Tax Bills Across Brownville, New York
In Brownville, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is a percentage of the market value of the property. The tax rate, set by local taxing authorities, is then applied to the assessed value to determine the annual tax bill. For instance, with a median home price of $150,000, homeowners in Brownville can expect a tax bill that varies widely depending on their home's assessed value and the specific tax rate applied. Several factors influence the property tax bill, including the property's location, size, and any applicable exemptions. For example, the 25th percentile tax bill in Brownville is $2,878, whereas the 75th percentile tax bill rises to $4,709. This range highlights the variability in tax burdens among homeowners. Compared to the national median property tax rate of 0.99%, Brownville's tax rates can significantly impact homeowners' financial planning and overall affordability of living in the area.
Average Brownville Tax Bill
$3,586
Average Jefferson County Tax Bill
$2,407
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Brownville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13615 | $2,268 | $2,878 | $3,586 | $4,709 | $6,135 |
Source: Ownwell