Redwood, Jefferson County, New York Property Taxes

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

Median Redwood, NY effective property tax rate: 2.05%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Redwood, NY home value: $119,592
Median annual Redwood, NY tax bill: $2,147, $253 lower than the national median property tax bill of $2,400.

How are property taxes in Jefferson calculated?

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

Last Updated March 1, 2025

Redwood, Jefferson County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.05%

Estimate Property Tax Bill

$2,452

$2,275

Ownwell’s Redwood Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Redwood with just two data points.

By entering your property's estimated assessed value, our calculator applies Redwood’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 Jefferson County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Redwood, Jefferson County, New York

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each county estimates its required budget annually to provide essential services and divides this by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in determining tax rates and budgets, this is essentially the yearly process.

In Redwood, located in Jefferson County, the effective property tax rate is 2.05%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to other cities in New York, Redwood's tax rate aligns with the highest and lowest rates within the state, both recorded at 2.05% in the same region. This highlights the uniformity of property tax rates within Jefferson County, yet emphasizes the disparity when contrasted with the national average. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively.

Property Tax Rates Across Redwood, Jefferson County, New York

Source: Ownwell

0.69%

1.59%

2.49%

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 Redwood Tax Rate

2.05%

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 Redwood, Jefferson County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13679	1.24%	1.24%	2.05%	2.07%	2.47%

Source: Ownwell

Property Tax Assessment Values Across Redwood, Jefferson County, New York

When examining property taxes in Redwood, 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 April. 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 Redwood.

For example, the median home price in Redwood is $119,592, with tax bills ranging significantly across the county. Zip code 13679 has the highest median home price at $119,592.

Property Tax Assessment Values Across Redwood, Jefferson County, New York

Source: Ownwell

$31,915

$230,779

$429,643

Median Redwood Market Value

$119,592

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 Redwood, Jefferson County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13679	$44,458	$76,476	$119,592	$183,192	$265,102

Source: Ownwell

Property Tax Bills Across Redwood, Jefferson County, New York

In Redwood, Jefferson County, NY, property tax bills are determined by the assessed value of a home and the local tax rate. The assessed value is a percentage of the property's market value, which is influenced by factors such as location, size, and condition of the home. The local tax rate is applied to the assessed value to calculate the tax bill. Homeowners in Redwood experience a range of tax bills, with the 25th percentile at $1,377 and the 75th percentile reaching $3,235. This variation highlights the impact of property value assessments on tax bills. The highest median tax bill in the area is $2,147, which is below the national median of $2,400, indicating relatively lower property taxes in this region. Ownwell can assist homeowners by providing expert property tax appeal services, ensuring that assessments are fair and accurate. By identifying potential savings and filing appeals, Ownwell helps homeowners reduce their tax burden, potentially saving them hundreds of dollars annually.

Property Tax Bills Across Redwood, Jefferson County, New York

Source: Ownwell

$522

$4,139

$7,755

Median Redwood Tax Bill

$2,147

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 Redwood, Jefferson County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13679	$769	$1,377	$2,147	$3,235	$4,680

Source: Ownwell