Scottsburg, New York Property Taxes
The median property tax rate in Scottsburg, NY is 3.19%, 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 Scottsburg, the typical annual property tax bill reaches $2,868, exceeding the national median of $2,690. Property taxes in Scottsburg 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 Scottsburg'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 Scottsburg 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
Scottsburg, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.19%
Estimate Property Tax Bill
$2,853
$2,821
Ownwell’s Scottsburg Property Tax Bill Calculator is an invaluable tool for homeowners, real estate investors, or potential buyers looking to estimate their annual property taxes in Scottsburg. By simply entering your property's estimated assessed value, the calculator uses the median tax rate in Scottsburg to provide an accurate estimate of your property tax bill. This powerful tool helps you understand your potential tax liabilities, making it easier to plan your finances. For those interested in more detailed insights, you can explore neighborhood-level trends by scrolling down for localized information. Your property’s assessed value, determined by the county, is used for property tax calculations and takes into account any applicable exemptions.
Property Tax Rates Across Scottsburg, New York
Property taxes in Scottsburg, 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 Scottsburg is 3.19%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Scottsburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Scottsburg 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 Scottsburg's effective property tax rate to other counties in New York and the national median. For comparison, the 14545 zip code has the highest median property tax rate of 3.19%, while the same zip code also has the lowest median tax rate of 3.19%. Understanding how these cities compare with Scottsburg 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 Scottsburg Tax Rate
3.19%
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 Scottsburg, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14545 | 2.72% | 3.01% | 3.19% | 3.33% | 3.50% |
Source: Ownwell
Property Tax Assessment Values Across Scottsburg, New York
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Scottsburg, NY. 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 Livingston 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 Scottsburg, 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 Scottsburg helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the highest median tax bill in the area is found in zip code 14545, amounting to $2,868, while the lowest median tax bill is also $2,868, indicating uniformity in tax bills across the region.
Average Scottsburg Assessed Value
$89,450
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 Scottsburg, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14545 | $48,410 | $66,675 | $89,450 | $122,150 | $189,550 |
Source: Ownwell
Property Tax Bills Across Scottsburg, New York
In Scottsburg, Livingston County, NY, property tax bills are determined through a combination of the assessed value of a property and the local tax rate. The assessed value is an estimate of the property's market value, which is then multiplied by the tax rate to calculate the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. For homeowners in Scottsburg, the median home price is $89,450. Property tax bills can vary widely; for example, the 25th percentile tax bill is $2,216, while the 75th percentile reaches $3,760. At the higher end, the 90th percentile tax bill can climb to $5,254. Comparatively, the national median property tax rate is 0.99%, making Scottsburg's tax landscape relatively high. These taxes fund essential public services such as schools, infrastructure, and emergency services, directly impacting homeowners. Higher property taxes can influence overall affordability and the cost of living, making it crucial for homeowners to understand how their tax bills are calculated and what factors contribute to the final amount.
Average Scottsburg Tax Bill
$2,868
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 Scottsburg, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14545 | $1,677 | $2,216 | $2,868 | $3,760 | $5,254 |
Source: Ownwell