Grenell, Jefferson County, New York Property Taxes
Median Grenell, NY effective property tax rate: 1.73%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Grenell, NY home value: $276,429
Median annual Grenell, NY tax bill: $4,775, $2,375 higher than the national median property tax bill of $2,400.
How are property taxes in Jefferson calculated?
Property taxes in Grenell, 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 Grenell’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Grenell, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Grenell, Jefferson County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.73%
Estimate Property Tax Bill
$4,782
$4,438
Property Tax Rates Across Grenell, Jefferson County, New York
Local government entities set tax rates, and these can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Grenell, located in Jefferson County, NY, the effective property tax rate is notably higher than the national median property tax rate of 1.02%. This can significantly impact homeowners, as property taxes are a major component of homeownership costs. Comparing Grenell’s rate to other cities in New York and the national average can provide valuable insights for property owners. Understanding these differences is crucial for homeowners considering property tax appeal services to potentially reduce their tax burden.
For residents of Grenell, navigating the complexities of property tax rates can be daunting. However, being aware of how local rates compare to state and national figures can empower property owners to make informed decisions about their tax liabilities.
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 Grenell Tax Rate
1.73%
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 Jefferson County Tax Rate
1.81%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Grenell, Jefferson County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13624 | 1.73% | 1.73% | 1.73% | 1.73% | 1.73% |
Source: Ownwell
Property Tax Assessment Values Across Grenell, Jefferson County, New York
When examining property taxes in Grenell, 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 Jefferson 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 Jefferson 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 Grenell. For example, the median home price in Grenell is $276,429, with tax bills ranging significantly across the county. Zip code 13624 has the highest median home price at $276,429.
Property Tax Assessment Values Across Grenell, Jefferson County, New York
Source: Ownwell
$31,915
$230,779
$429,643
Median Grenell Market Value
$276,429
Median Jefferson County Market Value
$134,468
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Grenell, Jefferson County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13624 | $138,690 | $206,696 | $276,429 | $331,696 | $390,893 |
Source: Ownwell
Property Tax Bills Across Grenell, Jefferson County, New York
In Grenell, Jefferson County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value to calculate the annual tax bill. Homeowners in Grenell face a median tax bill significantly higher than the national median, reflecting the region's specific property values and tax rates. Factors such as location, property size, and market conditions influence the assessed value, impacting the tax bill. The 25th percentile tax bill is $3,570, while the 75th percentile reaches $5,729, indicating a wide range of tax burdens among homeowners.
Ownwell offers a valuable service by assisting homeowners in Grenell with property tax appeals and exemptions. By analyzing property assessments and identifying potential discrepancies, Ownwell can help homeowners challenge their tax assessments, potentially reducing their tax bills. This service is essential for those in the 90th percentile facing tax bills as high as $6,752, providing a pathway to significant savings and financial relief.
Median Grenell Tax Bill
$4,775
Median Jefferson County Tax Bill
$2,407
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Grenell, Jefferson County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13624 | $2,396 | $3,570 | $4,775 | $5,729 | $6,752 |
Source: Ownwell