Dalton, New York Property Taxes
The median property tax rate in Dalton, NY is 3.32%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Dalton, the typical annual property tax bill reaches $3,287, surpassing the national median of $2,690. Property taxes in Dalton 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 Dalton'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 Dalton 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
Dalton, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.32%
Estimate Property Tax Bill
$3,343
$3,306
Ownwell’s Dalton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dalton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dalton 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 Dalton, New York
Property taxes in Dalton, 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 Dalton is 3.32%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Dalton set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dalton 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 Dalton's effective property tax rate to other counties in New York and the national median. For comparison, the zip code 14836 has the highest median property tax rate of 3.32%, while the same zip code also has the lowest median tax rate of 3.32%. Understanding how these areas compare with Dalton provides valuable insights into the varying tax landscape across Livingston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dalton Tax Rate
3.32%
Average Livingston County Tax Rate
2.99%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dalton, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14836 | 3.10% | 3.32% | 3.32% | 3.36% | 3.36% |
Source: Ownwell
Property Tax Assessment Values Across Dalton, New York
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Dalton, 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 local 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 Dalton, 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. The median home price in Dalton is $100,700, with tax bills ranging from $2,424 at the 25th percentile to $6,676 at the 90th percentile. The highest and lowest median tax bills are both found in zip code 14836, amounting to $3,287. Being aware of these valuation processes in Dalton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dalton Assessed Value
$100,700
Average Livingston County Assessed Value
$161,700
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dalton, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14836 | $50,320 | $74,200 | $100,700 | $140,000 | $202,440 |
Source: Ownwell
Property Tax Bills Across Dalton, New York
In Dalton, property tax bills are determined based on the assessed value of a home and the local tax rate set by Livingston County. The median home price in Dalton is $100,700. The assessed value is typically a percentage of the market value, which 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. Homeowners in Dalton can expect a wide range of property tax bills. For instance, the 25th percentile tax bill is around $2,424, while the 75th percentile reaches up to $4,696. Those in the 90th percentile may see tax bills as high as $6,676. Comparatively, the national median property tax rate is 0.99%, highlighting that Dalton's property taxes can be relatively high, affecting the overall affordability of homeownership. Understanding these factors helps homeowners anticipate their financial responsibilities and plan accordingly.
Average Dalton Tax Bill
$3,287
Average Livingston County Tax Bill
$4,819
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Dalton, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14836 | $1,592 | $2,424 | $3,287 | $4,696 | $6,676 |
Source: Ownwell