Retsof, Livingston County, New York Property Taxes

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

Median Retsof, NY effective property tax rate: 2.80%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Retsof, NY home value: $123,600
Median annual Retsof, NY tax bill: $3,464, $1,064 higher than the national median property tax bill of $2,400.

How are property taxes in Livingston calculated?

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

Last Updated March 1, 2025

Retsof, Livingston County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.8%

Estimate Property Tax Bill

$3,461

$3,212

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

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

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

Property Tax Rates Across Retsof, Livingston County, New York

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Below, you can compare Retsof’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S. Retsof, located in Livingston County, has a median property tax rate of 2.80%, significantly higher than the national median of 1.02%. This rate is also the highest in the state, with no variation within the county. This means that property owners in Retsof are likely to pay more than twice the national median property tax bill. Understanding these differences can provide valuable insight for property owners considering an appeal or seeking exemptions.

Property Tax Rates Across Retsof, Livingston County, New York

Source: Ownwell

2.46%

3.47%

4.49%

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 Retsof Tax Rate

2.80%

Median Effective Livingston County Tax Rate

2.99%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Retsof, Livingston County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14539	2.71%	2.75%	2.80%	2.84%	2.88%

Source: Ownwell

Property Tax Assessment Values Across Retsof, Livingston County, New York

When examining property taxes in Retsof, 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 Livingston 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. Assessment notices: In Livingston County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Retsof. For example, the median home price in Retsof is $123,600, with tax bills ranging significantly across the county. 14539 has the highest median home price at $123,600.

Property Tax Assessment Values Across Retsof, Livingston County, New York

Source: Ownwell

$89,450

$173,175

$256,900

Median Retsof Market Value

$123,600

Median Livingston County Market Value

$161,700

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Retsof, Livingston County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14539	$90,780	$101,200	$123,600	$183,100	$221,720

Source: Ownwell

Property Tax Bills Across Retsof, Livingston County, New York

In Retsof, located in Livingston County, NY, property tax bills are calculated based on the property's assessed value and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. Homeowners in Retsof face property tax bills that vary significantly, with amounts ranging from $2,812 at the 25th percentile to $6,030 at the 90th percentile. The median property tax bill in Retsof is $3,464, which is notably higher than the national median of $2,400. This discrepancy highlights the impact of local assessments and rates on homeowners' financial responsibilities. For homeowners seeking relief, Ownwell offers expert property tax appeal services. By analyzing property assessments and identifying potential discrepancies, Ownwell can help homeowners challenge and potentially lower their tax bills. This service is especially valuable in areas like Retsof, where property taxes can significantly exceed the national average. Through personalized consultations and strategic appeals, Ownwell aims to reduce the financial burden on homeowners.

Property Tax Bills Across Retsof, Livingston County, New York

Source: Ownwell

$2,550

$5,215

$7,880

Median Retsof Tax Bill

$3,464

Median Livingston County Tax Bill

$4,819

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Retsof, Livingston County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14539	$2,561	$2,812	$3,464	$5,036	$6,030

Source: Ownwell