Constantia, New York Property Taxes
The median property tax rate in Constantia, NY is 2.97%, 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 Constantia, the typical annual property tax bill reaches $4,136, exceeding the national median of $2,690. Property taxes in Constantia 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 Constantia'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 Constantia 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
Constantia, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.97%
Estimate Property Tax Bill
$4,081
$3,787
Ownwell’s Constantia Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Constantia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Constantia 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 Constantia, New York
Property taxes in Constantia, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Constantia is 2.97%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Constantia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Constantia 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. Understanding how these cities compare with Constantia provides valuable insights into the varying tax landscape across Oswego County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Constantia Tax Rate
2.97%
Average Oswego County Tax Rate
2.93%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Constantia, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
13044 | 2.75% | 2.80% | 2.97% | 3.28% | 3.64% |
Source: Ownwell
Property Tax Assessment Values Across Constantia, New York
In Constantia, 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 Oswego County Assessor 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 Constantia, 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 Constantia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Homeowners in zip code 13044 see the highest median tax bill at $4,136, which is significantly higher than the national median property tax rate of 0.99%.
Average Constantia Assessed Value
$137,405
Average Oswego County Assessed Value
$108,696
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Constantia, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
13044 | $52,873 | $91,171 | $137,405 | $193,766 | $255,203 |
Source: Ownwell
Property Tax Bills Across Constantia, New York
In Constantia, located in Oswego County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. For homeowners in Constantia, the median home price is $137,405, and property tax bills can vary significantly. Factors that influence the tax bill include the property's assessed value, any applicable exemptions, and the local tax rate. For instance, the 25th percentile tax bill is around $2,828, while the 75th percentile tax bill reaches $5,556. At the 90th percentile, homeowners might see tax bills as high as $7,392. Compared to the national median property tax rate of 0.99%, Constantia's tax rates can result in higher annual tax bills, impacting homeowners' budgets. Understanding these factors can help homeowners anticipate their annual property tax obligations and plan accordingly.
Average Constantia Tax Bill
$4,136
Average Oswego County Tax Bill
$3,405
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Constantia, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
13044 | $1,669 | $2,828 | $4,136 | $5,556 | $7,392 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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Oswego Assessment Review Commission | |
Website | oswegogis.maps.arcgis.com |