Brantingham, New York Property Taxes
The median property tax rate in Brantingham, NY is 2.24%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Brantingham, the typical annual property tax bill reaches $4,173, exceeding the national median of $2,690. Property taxes in Brantingham are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Brantingham'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 Brantingham or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Brantingham, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.24%
Estimate Property Tax Bill
$4,231
$3,927
Ownwell’s Brantingham Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Brantingham with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Brantingham 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 Brantingham, New York
Property taxes in Brantingham, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Brantingham is 2.24%, significantly higher than the U.S. national median of 0.99%. Local government entities within Brantingham set these rates annually, and they can vary significantly across different neighborhoods. Each year, Brantingham 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 Brantingham's effective property tax rate to other areas in Lewis County and the national median. For comparison, the 13312 zip code has the highest median property tax rate of 2.24%, while the same zip code also has the lowest median tax rate of 2.24%. Understanding how these cities compare with Brantingham provides valuable insights into the varying tax landscape across Lewis County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Brantingham Tax Rate
2.24%
Average Lewis County Tax Rate
2.38%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Brantingham, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13312 | 2.24% | 2.24% | 2.24% | 2.24% | 2.24% |
Source: Ownwell
Property Tax Assessment Values Across Brantingham, New York
In Brantingham, 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 the Lewis 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 Brantingham, 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 Brantingham helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with both the highest and lowest median tax bill is 13312, with a median tax bill of $4173.
Average Brantingham Assessed Value
$188,900
Average Lewis County Assessed Value
$102,300
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Brantingham, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13312 | $45,000 | $83,550 | $188,900 | $294,725 | $368,200 |
Source: Ownwell
Property Tax Bills Across Brantingham, New York
In Brantingham, located in Lewis County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. Homeowners in this area face a range of property tax bills, with the 25th percentile at $1,793 and the 75th percentile at $6,595, indicating significant variation depending on property values and specific assessments. The highest median tax bill in the area is $4,173, found in the 13312 zip code. The process begins with the local tax assessor determining the assessed value of a property, which is often a percentage of its market value. This assessed value is then multiplied by the local tax rate to calculate the annual property tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners, these taxes play a crucial role in funding local services like schools, infrastructure, and emergency services. With a median home price of $188,900, understanding how these taxes are calculated can help residents anticipate their annual expenses and budget accordingly.
Average Brantingham Tax Bill
$4,173
Average Lewis County Tax Bill
$2,429
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Brantingham, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13312 | $1,004 | $1,793 | $4,173 | $6,595 | $8,229 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Lewis Assessment Review Commission | |
| Website | lewiscountyny.gov |