West Edmeston, Madison County, New York Property Taxes
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
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.97%
Estimate Property Tax Bill
$2,877
$2,669
Property Tax Rates Across West Edmeston, Madison County, New York
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%
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 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.
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
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Madison Assessment Review Commission | |
| Website | property.madisoncounty.ny.gov |