Stittville, New York Property Taxes
The median property tax rate in Stittville, NY is 2.64%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With a median home value of $130,074 in Stittville, the typical annual property tax bill reaches $3,063, surpassing the national median of $2,690. Property taxes in Stittville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Stittville'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 Stittville 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
Stittville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.64%
Estimate Property Tax Bill
$3,434
$3,395
Ownwell’s Stittville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Stittville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Stittville 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 Stittville, New York
Property taxes in Stittville, 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 Stittville is 2.64%, significantly higher than the U.S. national median of 0.99%. Local government entities within Stittville set these rates annually, and they can vary across different neighborhoods. Each year, Stittville 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 Stittville's effective property tax rate to other counties in New York and the national median. For comparison, the zip code 13469 has both the highest and lowest median property tax rate of 2.64%. Understanding how these cities compare with Stittville 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 Stittville Tax Rate
2.64%
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 Stittville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13469 | 0.82% | 1.19% | 2.64% | 2.76% | 2.91% |
Source: Ownwell
Property Tax Assessment Values Across Stittville, New York
In Stittville, 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 Assessment Office 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 Stittville, 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 Stittville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 13469, with a median tax bill of $3,063.00, which is significantly above the national median property tax rate of 0.99%.
Average Stittville Assessed Value
$130,074
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 Stittville, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13469 | $93,318 | $108,442 | $130,074 | $175,698 | $253,226 |
Source: Ownwell
Property Tax Bills Across Stittville, New York
In Stittville, located in Oneida County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Stittville is $130,074, and homeowners can expect their property tax bills to vary significantly. For instance, the tax bill at the 25th percentile is around $1,806, while at the 75th percentile, it rises to approximately $4,515. At the 90th percentile, homeowners might pay up to $6,618 in property taxes. These property taxes fund essential local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Stittville's property tax rates can be relatively high, impacting homeowners by increasing their annual housing costs. Understanding these factors is crucial for homeowners to budget effectively and anticipate their financial obligations.
Average Stittville Tax Bill
$3,063
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 Stittville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13469 | $922 | $1,806 | $3,063 | $4,515 | $6,618 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Oneida Assessment Review Commission | |
| Website | app.regrid.com |