West Edmeston, Madison County, New York Property Taxes

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

Median West Edmeston, NY effective property tax rate: 2.97%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median West Edmeston, NY home value: $96,852. Median annual West Edmeston, NY tax bill: $2,742, $342 higher than the national median property tax bill of $2,400.

How are property taxes in Madison calculated?

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

Last Updated March 1, 2025

West Edmeston, Madison County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.97%

Estimate Property Tax Bill

$2,877

$2,669

Ownwell’s West Edmeston Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in West Edmeston with just two data points. By entering your property's estimated assessed value, our calculator applies West Edmeston’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 West Edmeston, Madison County, New York

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Annually, each county estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process. In West Edmeston, located in Madison County, the effective property tax rate is notably higher than the national median. The median property tax rate in West Edmeston stands at 2.97%, which is significantly above the national median of 1.02%. This difference highlights the variability in property tax rates across different regions. Understanding these rates is crucial for property owners who wish to manage their expenses effectively. By comparing West Edmeston’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S., property owners can gain valuable insights into their tax obligations.

Property Tax Rates Across West Edmeston, 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 West Edmeston Tax Rate

2.97%

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 West Edmeston, Madison County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13485	2.59%	2.97%	2.97%	3.04%	3.05%

Source: Ownwell

Property Tax Assessment Values Across West Edmeston, Madison County, New York

When examining property taxes in West Edmeston, 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.

In Madison County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 West Edmeston. For example, the median home price in West Edmeston is $96,852, with tax bills ranging significantly across the county. Zip code 13485 has the highest median home price at $96,852.

Property Tax Assessment Values Across West Edmeston, Madison County, New York

Source: Ownwell

$49,012

$141,759

$234,506

Median West Edmeston Market Value

$96,852

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 West Edmeston, Madison County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13485	$26,445	$48,739	$96,852	$146,697	$209,877

Source: Ownwell

Property Tax Bills Across West Edmeston, Madison County, New York

In West Edmeston, NY, property tax bills are determined by assessing the property's market value and applying the local tax rate. Madison County, where West Edmeston is located, uses this assessed value as a basis for calculating property taxes. Homeowners in this area typically face a median property tax bill of $2,742, which is notably higher than the national median of $2,400. The tax bill can vary significantly, with the 25th percentile at $1,429 and the 90th percentile reaching $6,072, reflecting the diverse property values and tax rates within the region.

For homeowners, these taxes represent a significant annual expense, influencing their overall financial planning. Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing local market trends and identifying potential discrepancies in property assessments, Ownwell can help homeowners reduce their tax obligations. This service not only alleviates financial pressure but also ensures that homeowners are not overpaying on their property taxes, ultimately leading to substantial savings.

Property Tax Bills Across West Edmeston, Madison County, New York

Source: Ownwell

$1,355

$4,051

$6,747

Median West Edmeston Tax Bill

$2,742

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 West Edmeston, Madison County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13485	$757	$1,429	$2,742	$4,280	$6,072

Source: Ownwell

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Dates

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