Constableville, New York Property Taxes
The median property tax rate in Constableville, NY is 2.51%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With a median home value of $86,400 in Constableville, the typical annual property tax bill amounts to $2,267, which, while below the national median of $2,690, can still be a substantial expense for homeowners. Property taxes in Constableville are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Familiarizing yourself with Constableville'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 Constableville or another part of Lewis County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Constableville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.51%
Estimate Property Tax Bill
$2,169
$2,144
Ownwell’s Constableville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Constableville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Constableville 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 Constableville, New York
Property taxes in Constableville, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Constableville is 2.51%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Constableville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Constableville 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 Constableville's effective property tax rate to other counties in New York and the national median. For comparison, the zip code 13325 has both the highest and lowest median property tax rate of 2.51%. Understanding how these cities compare with Constableville 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 Constableville Tax Rate
2.51%
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 Constableville, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
13325 | 2.42% | 2.51% | 2.51% | 2.63% | 2.97% |
Source: Ownwell
Property Tax Assessment Values Across Constableville, New York
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Constableville, 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 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 Constableville, 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 helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Constableville are both $2,267, found in zip code 13325.
Property Tax Assessment Values Across Constableville, New York
Source: Ownwell
$15,800
$108,550
$201,300
Average Constableville Assessed Value
$86,400
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 Constableville, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
13325 | $29,270 | $52,400 | $86,400 | $135,825 | $212,130 |
Source: Ownwell
Property Tax Bills Across Constableville, New York
In Constableville, located in Lewis County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and reflects a percentage of the property's market value. For instance, if the median home price is $86,400, the assessed value will be a fraction of this amount as determined by local standards. Once the assessed value is established, it is multiplied by the local tax rate to calculate the tax bill. In Constableville, the tax bill varies significantly, with the 25th percentile at $1,332 and the 75th percentile reaching $3,350. For those in the 90th percentile, the tax bill can be as high as $5,163, indicating a broad range of tax burdens among homeowners. Compared to the national median property tax rate of 0.99%, Constableville's rates can result in higher or lower tax bills depending on the assessed value and specific circumstances of the property. This variability affects homeowners differently, influencing their financial planning and housing affordability.
Average Constableville Tax Bill
$2,267
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 Constableville, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
13325 | $725 | $1,332 | $2,267 | $3,350 | $5,163 |
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 |