Whitesboro, New York Property Taxes
The median property tax rate in Whitesboro, NY is 2.81%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Whitesboro at $151,887, the typical annual property tax bill reaches $4,371, far exceeding the national median of $2,690. Property taxes in Whitesboro 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 Whitesboro'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 Whitesboro or another part of Oneida County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Whitesboro, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.81%
Estimate Property Tax Bill
$4,268
$4,220
Ownwell’s Whitesboro Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Whitesboro with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Whitesboro 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 Whitesboro, New York
Property taxes in Whitesboro, 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 Whitesboro is 2.81%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Whitesboro set these rates annually, and they can vary significantly across different neighborhoods. Each year, Whitesboro 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 Whitesboro's effective property tax rate to other counties in New York and the national median. For comparison, the 13492 zip code has the highest median property tax rate of 2.81%, while the 13492 zip code has the lowest median tax rate of 2.81%. Understanding how these areas compare with Whitesboro 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 Whitesboro Tax Rate
2.81%
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 Whitesboro, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13492 | 2.51% | 2.79% | 2.81% | 3.00% | 3.45% |
Source: Ownwell
Property Tax Assessment Values Across Whitesboro, New York
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Whitesboro, NY. 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. In Whitesboro, 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 Whitesboro helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area both amount to $4,371 in zip code 13492.
Average Whitesboro Assessed Value
$151,887
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 Whitesboro, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13492 | $103,774 | $122,642 | $151,887 | $207,547 | $273,248 |
Source: Ownwell
Property Tax Bills Across Whitesboro, New York
In Whitesboro, located in Oneida County, NY, property tax bills are calculated based on the assessed value of a homeowner's property. This assessed value is determined by local assessors who evaluate various factors, including the property's market value, location, and physical characteristics. Once the assessed value is established, it is multiplied by the local property tax rate to determine the annual tax bill. In Whitesboro, the tax burden can vary significantly. For instance, the 25th percentile of tax bills is around $3,668, while the 75th percentile reaches up to $5,722, and the 90th percentile can be as high as $7,485. These figures illustrate the range of property tax bills homeowners might encounter, depending on the assessed value of their property. Comparatively, Whitesboro's property tax rates can be substantial when you consider the national median property tax rate of 0.99%. This variability in tax bills underscores the importance of understanding how local assessments and tax rates impact overall property tax obligations for homeowners in the area.
Average Whitesboro Tax Bill
$4,371
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 Whitesboro, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13492 | $2,963 | $3,668 | $4,371 | $5,722 | $7,485 |
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 |