Plessis, New York Property Taxes
The median property tax rate in Plessis, NY is 2.04%, significantly higher than both the national median of 0.99% and New York's state median of 2.39%. With the median home value in Plessis, the typical annual property tax bill reaches $2,477, which is slightly below the national median of $2,690. Property taxes in Plessis are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Plessis's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Plessis or another part of Jefferson County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Plessis, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.04%
Estimate Property Tax Bill
$2,538
$2,509
Ownwell’s Plessis Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plessis with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plessis 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 Plessis, New York
Property taxes in Plessis, 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 Plessis is 2.04%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Plessis set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plessis 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 Plessis's effective property tax rate to other areas in New York and the national median. For comparison, the zip code 13675 has the highest median property tax rate of 2.04%, while it also has the lowest median tax rate of 2.04%. Understanding how these cities compare with Plessis 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 Plessis Tax Rate
2.04%
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 Plessis, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13675 | 1.95% | 2.02% | 2.04% | 2.06% | 2.06% |
Source: Ownwell
Property Tax Assessment Values Across Plessis, New York
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Plessis, New York. 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 the Jefferson County Appraisal District 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 Plessis, 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 Plessis helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $2,477 in the 13675 zip code.
Average Plessis Assessed Value
$124,398
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 Plessis, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13675 | $31,650 | $57,982 | $124,398 | $160,030 | $294,012 |
Source: Ownwell
Property Tax Bills Across Plessis, New York
In Plessis, located in Jefferson County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is a percentage of the market value of the property. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. Several factors influence the assessed value, including the size of the property, location, and any improvements or modifications made to the home. For homeowners in Plessis, the median home price is $124,398. Property tax bills can vary significantly, with the 25th percentile at $1,269 and the 75th percentile reaching $3,306. At the higher end, the 90th percentile sees tax bills as high as $6,075. These property taxes are crucial as they fund local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, homeowners in Plessis experience a range of tax burdens that reflect the value and characteristics of their properties.
Average Plessis Tax Bill
$2,477
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 Plessis, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13675 | $673 | $1,269 | $2,477 | $3,306 | $6,075 |
Source: Ownwell