Camden, Oswego County, New York Property Taxes

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Camden’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.

Camden, nestled in Oswego County, stands out with its property tax rate. The rate in Camden is significantly higher than the national median, which is a reflection of the local economic landscape and budgetary needs. This contrasts sharply with the national median property tax rate of 1.02%. For homeowners in Camden, understanding this rate is crucial, as it directly impacts their annual financial planning. The local rate not only underscores the importance of property tax appeals but also highlights the potential savings that can be achieved through expert consulting services.

In Camden, Oswego County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and aims to reflect the property's market value. Homeowners in Camden face varying tax bills, with the 25th percentile at $1,398 and the 75th percentile reaching $4,202. The 90th percentile can see bills as high as $5,470, which significantly impacts household budgets. With a median home price of $119,710, Camden's property tax bills are notably higher than the national median tax bill of $2,400, despite the national median property tax rate being 1.02%.

Homeowners in Camden can benefit from appealing their property tax assessments, and that's where Ownwell comes in. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially lower their tax burden. Our team of professionals reviews assessments for accuracy and identifies opportunities for reductions, ensuring that homeowners pay only their fair share. This service can lead to substantial savings, easing the financial strain of high property tax bills.