Poland, New York Property Taxes
The median property tax rate in Poland, NY is 1.95%, 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 Poland, the typical annual property tax bill reaches $4,496, exceeding the national median of $2,690. Property taxes in Poland 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 Poland'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 Poland 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
Poland, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.95%
Estimate Property Tax Bill
$4,673
$4,336
Ownwell’s Poland Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Poland with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Poland to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Poland, New York
Property taxes in Poland, 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 Poland is 1.95%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Poland set these rates annually, and they can vary significantly across different neighborhoods. Each year, Poland 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 Poland's effective property tax rate to other counties in New York and the national median. For comparison, the zip code 13431 has both the highest and lowest median property tax rate of 1.95%. Understanding how these areas compare with Poland provides valuable insights into the varying tax landscape across Oneida County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Poland Tax Rate
1.95%
Average Oneida County Tax Rate
2.27%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Poland, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
13431 | 1.15% | 1.83% | 1.95% | 1.95% | 1.95% |
Source: Ownwell
Property Tax Assessment Values Across Poland, New York
In Poland, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Oneida 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. 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 Poland helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Poland are both $4496, found in the 13431 zip code.
Average Poland Assessed Value
$239,631
Average Oneida County Assessed Value
$126,923
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Poland, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
13431 | $113,364 | $175,116 | $239,631 | $377,880 | $444,240 |
Source: Ownwell
Property Tax Bills Across Poland, New York
In Poland, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Poland stands at $239,631. Homeowners can expect their property tax bill to vary significantly depending on several factors, including the assessed value of their property and the local tax rate. For instance, tax bills in Poland range from the 25th percentile at $3,327 to the 75th percentile at $6,687, with the 90th percentile reaching as high as $8,561. These tax bills are influenced by the county's tax rate and the specific characteristics of each property, such as location, size, and improvements. Compared to the national median property tax rate of 0.99%, Poland's property tax rates result in substantial annual payments for homeowners. The highest and lowest median tax bills in the area are both $4,496, found in the zip code 13431, reflecting the localized nature of property taxes within the county. This system ensures that property taxes are proportionate to the value and amenities of each home, impacting the overall cost of homeownership in Poland.
Average Poland Tax Bill
$4,496
Average Oneida County Tax Bill
$2,574
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Poland, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
13431 | $2,698 | $3,327 | $4,496 | $6,687 | $8,561 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
---|
Links | |
---|---|
Oneida Assessment Review Commission | |
Website | app.regrid.com |