Washingtonville, New York Property Taxes
The median property tax rate in Washingtonville, NY is 2.77%, significantly higher than both the national median of 0.99% and New York state's median of 2.39%. With the median home value in Washingtonville at $345,900, the typical annual property tax bill reaches $9,615, far exceeding the national median of $2,690. Property taxes in Washingtonville 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 Washingtonville'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 Washingtonville 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
Washingtonville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.77%
Estimate Property Tax Bill
$9,581
$8,891
Ownwell’s Washingtonville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Washingtonville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Washingtonville 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 Washingtonville, New York
Property taxes in Washingtonville, 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 Washingtonville is 2.77%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Washingtonville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Washingtonville 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 Washingtonville's effective property tax rate to other counties in New York and the national median. For comparison, the 10992 zip code has the highest median property tax rate of 2.77%, while the same zip code also has the lowest median tax rate of 2.77%. Understanding how these cities compare with Washingtonville provides valuable insights into the varying tax landscape across Orange County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Washingtonville Tax Rate
2.77%
Average Orange County Tax Rate
2.78%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Washingtonville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10992 | 2.69% | 2.72% | 2.77% | 2.95% | 3.02% |
Source: Ownwell
Property Tax Assessment Values Across Washingtonville, New York
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Washingtonville, 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 Orange 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. 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. For instance, the median home price in Washingtonville is $345,900, with tax bills ranging from $7,581 at the 25th percentile to $14,268 at the 90th percentile. The zip code 10992 has the highest and lowest median tax bill at $9,615. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Washingtonville, New York
Source: Ownwell
$122,700
$313,000
$503,300
Average Washingtonville Assessed Value
$345,900
Average Orange County Assessed Value
$278,100
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Washingtonville, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10992 | $134,900 | $276,100 | $345,900 | $407,800 | $505,900 |
Source: Ownwell
Property Tax Bills Across Washingtonville, New York
In Washingtonville, located in Orange County, NY, property tax bills are derived by multiplying the assessed value of a home by the local tax rate. The assessed value is determined by the local assessor's office and is intended to represent the property's market value. Several factors influence this assessed value, including the home's size, age, location, and any improvements made. Homeowners in Washingtonville experience a significant property tax burden compared to the national median property tax rate of 0.99%. The median home price in Washingtonville is $345,900, leading to substantial tax bills. For instance, the 25th percentile tax bill is $7,581, while the 75th percentile tax bill reaches $11,647. At the 90th percentile, homeowners could see tax bills as high as $14,268. These figures illustrate that property taxes can significantly impact household budgets, making it crucial for homeowners to understand how their tax bills are calculated and what factors might influence them.
Average Washingtonville Tax Bill
$9,615
Average Orange County Tax Bill
$7,888
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Washingtonville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10992 | $3,856 | $7,581 | $9,615 | $11,647 | $14,268 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Orange Assessment Review Commission | |
| Website | gis.orangecountygov.com |