Hartwick, Otsego County, New York Property Taxes

Name: Property Tax Bills Across Hartwick, Otsego County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Hartwick, NY effective property tax rate: 0.63%, significantly lower than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Hartwick, NY home value: $129,600
Median annual Hartwick, NY tax bill: $853, $1,547 lower than the national median property tax bill of $2,400.

How are property taxes in Otsego calculated?

Property taxes in Hartwick, NY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Hartwick’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hartwick, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Hartwick, Otsego County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.63%

Estimate Property Tax Bill

$816

$758

Ownwell’s Hartwick Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hartwick with just two data points. By entering your property's estimated assessed value, our calculator applies Hartwick’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Otsego County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Hartwick, Otsego County, New York

Local government entities set tax rates, which can vary widely within a state. 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 Hartwick’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.

Hartwick, nestled in Otsego County, boasts a property tax rate of 0.63%. This rate is notably lower than the national median property tax rate of 1.02%. When comparing Hartwick to other areas in New York, it stands out with its consistent rate across the county, offering residents a more predictable tax environment. With the national median property tax bill at $2,400, Hartwick offers a more affordable option for homeowners. This makes Hartwick an attractive location for those seeking a balance between quality services and manageable tax rates.

Property Tax Rates Across Hartwick, Otsego County, New York

Source: Ownwell

0.38%

1.02%

1.65%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Hartwick Tax Rate

0.63%

Median Effective Otsego County Tax Rate

0.66%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hartwick, Otsego County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13348	0.44%	0.60%	0.63%	0.65%	0.68%

Source: Ownwell

Property Tax Assessment Values Across Hartwick, Otsego County, New York

When examining property taxes in Hartwick, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Otsego County Assessor's Office estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Otsego County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Hartwick.

For example, the median home price in Hartwick is $129,600, with tax bills ranging significantly across the county. Zip code 13348 has the highest median home price at $129,600.

Property Tax Assessment Values Across Hartwick, Otsego County, New York

Source: Ownwell

$80,943

$161,622

$242,300

Median Hartwick Market Value

$129,600

Median Otsego County Market Value

$130,728

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hartwick, Otsego County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13348	$54,260	$91,100	$129,600	$199,400	$287,340

Source: Ownwell

Property Tax Bills Across Hartwick, Otsego County, New York

In Hartwick, Otsego County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. The median property tax bill in this area is $853, which is significantly lower than the national median property tax bill of $2400. Homeowners in Hartwick benefit from a lower tax burden compared to many other regions. However, the tax bill can vary widely, with the 25th percentile at $644 and the 90th percentile reaching $1626, indicating potential discrepancies in assessments or exemptions that might be affecting homeowners differently. Ownwell assists homeowners by reviewing their property assessments to ensure accuracy and identifying potential exemptions or errors that could lead to savings. By leveraging expert knowledge and experience, Ownwell helps homeowners in Hartwick potentially reduce their property tax bills, ensuring they only pay their fair share.

Property Tax Bills Across Hartwick, Otsego County, New York

Source: Ownwell

$638

$1,012

$1,386

Median Hartwick Tax Bill

$853

Median Otsego County Tax Bill

$1,051

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Hartwick, Otsego County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13348	$397	$644	$853	$1,165	$1,626

Source: Ownwell

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Dates

Links
Otsego Assessment Review Commission
Website	otsegocountygis.mapxpress.net