Baldwinsville, New York Property Taxes
The median property tax rate in Baldwinsville, NY is 3.03%, 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 Baldwinsville, the typical annual property tax bill reaches $5,215, exceeding the national median of $2,690. Property taxes in Baldwinsville 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 Baldwinsville'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 Baldwinsville 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
Baldwinsville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.03%
Estimate Property Tax Bill
$5,171
$4,798
Ownwell’s Baldwinsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Baldwinsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Baldwinsville 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 Baldwinsville, New York
Property taxes in Baldwinsville, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Baldwinsville is 3.03%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Baldwinsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Baldwinsville 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 Baldwinsville's effective property tax rate to other counties in New York and the national median. For comparison, the 13027 zip code has the highest median property tax rate of 3.03%, while the same zip code also has the lowest median tax rate of 3.03%. Understanding how these cities compare with Baldwinsville provides valuable insights into the varying tax landscape across Onondaga County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Baldwinsville Tax Rate
3.03%
Average Onondaga County Tax Rate
3.38%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Baldwinsville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13027 | 2.82% | 2.89% | 3.03% | 3.29% | 3.53% |
Source: Ownwell
Property Tax Assessment Values Across Baldwinsville, New York
In Baldwinsville, 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 Onondaga 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 Baldwinsville, 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 Baldwinsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 13027 has the highest and lowest median tax bill at $5,215, illustrating the uniformity in tax assessments within the area.
Average Baldwinsville Assessed Value
$170,646
Average Onondaga County Assessed Value
$152,577
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Baldwinsville, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13027 | $71,400 | $128,743 | $170,646 | $253,980 | $342,414 |
Source: Ownwell
Property Tax Bills Across Baldwinsville, New York
In Baldwinsville, located in Onondaga County, NY, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual tax bill. Several factors influence the assessed value, including the property's market value, location, and any improvements or changes made to the property. For homeowners in Baldwinsville, the property tax bills can vary significantly. The 25th percentile tax bill is around $4,000, while the 75th percentile tax bill reaches approximately $7,512. At the 90th percentile, homeowners might see tax bills as high as $10,073. The median home price in Baldwinsville is $170,646, which helps contextualize these figures. Compared to the national median property tax rate of 0.99%, the property tax burden in Baldwinsville can be substantial, impacting homeowners' monthly expenses and overall financial planning. The highest and lowest median tax bill in the area both stand at $5,215, highlighting the uniformity in tax assessments across different properties.
Average Baldwinsville Tax Bill
$5,215
Average Onondaga County Tax Bill
$5,213
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Baldwinsville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13027 | $2,484 | $4,000 | $5,215 | $7,512 | $10,073 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Onondaga Assessment Review Commission | |
| Website | onondaga.go2gov.net |