De Ruyter, Madison County, New York Property Taxes

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

Median DE RUYTER, NY effective property tax rate: 2.68%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median DE RUYTER, NY home value: $120,879
Median annual DE RUYTER, NY tax bill: $3,432, $1,032 higher than the national median property tax bill of $2,400.

How are property taxes in Madison calculated?

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

Last Updated March 1, 2025

De Ruyter, Madison County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.68%

Estimate Property Tax Bill

$3,240

$3,006

Ownwell’s DE RUYTER Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in DE RUYTER with just two data points. By entering your property's estimated assessed value, our calculator applies DE RUYTER’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 Madison County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across De Ruyter, Madison County, New York

Local government entities determine property tax rates, leading to significant variation within a state. Each county calculates its required budget for services and divides this by the total assessed value of taxable property, resulting in the property tax rate. This process, subject to votes and legislation, is repeated annually.

In De Ruyter, Madison County, New York, the effective property tax rate stands out. Compared to other cities in New York and across the United States, De Ruyter's rate is notably higher than the national median property tax rate of 1.02%. This means property owners in De Ruyter may face a higher financial obligation relative to the market value of their property. For homeowners, understanding these rates is crucial as they directly impact annual expenses.

Despite the uniformity in the process of setting tax rates, the financial burden on property owners can differ greatly. Therefore, being informed about local tax rates and how they compare to state and national averages can help property owners make informed financial decisions.

Property Tax Rates Across De Ruyter, Madison County, New York

Source: Ownwell

2.58%

3.25%

3.91%

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 De Ruyter Tax Rate

2.68%

Median Effective Madison County Tax Rate

3.06%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across De Ruyter, Madison County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13052	2.68%	2.68%	2.68%	2.97%	3.03%

Source: Ownwell

Property Tax Assessment Values Across De Ruyter, Madison County, New York

When examining property taxes in De Ruyter, 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 Madison 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 Madison 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 De Ruyter. For example, the median home price in De Ruyter is $120,879, with tax bills ranging significantly across the county. Zip code 13052 has the highest median home price at $120,879.

Property Tax Assessment Values Across De Ruyter, Madison County, New York

Source: Ownwell

$49,012

$141,759

$234,506

Median De Ruyter Market Value

$120,879

Median Madison County Market Value

$136,471

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across De Ruyter, Madison County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13052	$45,120	$84,000	$120,879	$213,333	$299,893

Source: Ownwell

Property Tax Bills Across De Ruyter, Madison County, New York

In De Ruyter, located in Madison County, NY, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as local government budgets, school district funding, and public service needs influence the tax rate. Homeowners in De Ruyter face a median property tax bill of $3,432, which is higher than the national median of $2,400.

This higher tax burden can significantly impact homeowners' finances, making it essential to ensure that their property is not over-assessed. Ownwell offers services to help homeowners appeal their property assessments, potentially lowering their tax bills. By analyzing local market data and assessment practices, Ownwell provides expert guidance and representation, increasing the chances of a successful appeal. This can lead to substantial savings, easing the financial strain on homeowners in De Ruyter.

Property Tax Bills Across De Ruyter, Madison County, New York

Source: Ownwell

$1,355

$4,051

$6,747

Median De Ruyter Tax Bill

$3,432

Median Madison County Tax Bill

$4,460

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across De Ruyter, Madison County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13052	$1,249	$2,332	$3,432	$5,715	$8,037

Source: Ownwell

Don't miss the deadline to file a grievance!

Dates

Links
Madison Assessment Review Commission
Website	property.madisoncounty.ny.gov