Putnam County, New York Property Taxes
Median Putnam County effective property tax rate: 3.27%, significantly higher than the national median of 1.02%.
Median Putnam County home value: $378,400
Median annual Putnam County tax bill: $11,749, $9,349 higher than the national median property tax bill of $2,400.
How are property taxes in Putnam County calculated?
Property taxes in Putnam County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Carmel or another part of Putnam County, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Putnam County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.27%
Estimate Property Tax Bill
$12,374
$11,482
Property Tax Rates Across Putnam 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 Putnam County's effective property tax rate to other counties in New York or the U.S. median property tax rate. With a median property tax rate of 3.27%, Putnam County significantly exceeds the national median property tax rate of 1.02%. Among the counties in New York, Patterson has the highest median tax rate at 3.62%, while Garrison boasts the lowest at 1.57%. This disparity highlights the importance of understanding local property tax rates and their impact on your financial obligations. Whether you're a homeowner or an investor, being informed about these differences can help you make better decisions and potentially save on your property tax bill.
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 Putnam County Tax Rate
3.27%
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 New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Putnam County, New York
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brewster | 2.63% | 3.29% | 3.37% | 3.40% | 3.63% |
| Carmel | 3.01% | 3.36% | 3.46% | 3.74% | 3.74% |
| Cold Spring | 2.27% | 2.42% | 2.45% | 2.87% | 2.87% |
| Garrison | 1.55% | 1.57% | 1.57% | 2.78% | 2.78% |
| Holmes | 3.21% | 3.36% | 3.36% | 3.36% | 3.37% |
| Hopewell Junction | 2.56% | 3.31% | 3.37% | 3.37% | 3.37% |
| Lake Peekskill | 3.38% | 3.47% | 3.47% | 3.47% | 3.47% |
| Mahopac | 2.94% | 3.02% | 3.06% | 3.17% | 3.35% |
| Patterson | 3.10% | 3.36% | 3.62% | 3.76% | 3.82% |
| Putnam Valley | 1.19% | 2.93% | 3.06% | 3.12% | 3.27% |
| Stormville | 3.12% | 3.36% | 3.36% | 3.37% | 3.37% |
| Cortlandt Manor | N/A | N/A | N/A | N/A | N/A |
| Fishkill | N/A | N/A | N/A | N/A | N/A |
| Kent Lakes | N/A | N/A | N/A | N/A | N/A |
| Mahopac Falls | N/A | N/A | N/A | N/A | N/A |
| Nelsonville | N/A | N/A | N/A | N/A | N/A |
| Shrub Oak | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Putnam County, New York
When examining property taxes in Putnam County, 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 Putnam County appraisal district 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.
Assessment notices:
In Putnam County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Putnam County.
For example, the median tax bill in Putnam County is $13,866, with tax bills ranging significantly across the county. Garrison has the highest median home price at $534,136.
Property Tax Assessment Values Across Putnam County, New York
Source: Ownwell
$271,900
$403,018
$534,136
Median Putnam County Market Value
$378,400
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Putnam County, New York
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brewster | $220,000 | $300,000 | $376,500 | $492,300 | $656,700 |
| Carmel | $163,680 | $230,108 | $312,545 | $408,602 | $554,620 |
| Cold Spring | $210,928 | $353,367 | $464,828 | $601,906 | $799,085 |
| Garrison | $333,876 | $386,150 | $534,136 | $861,754 | $1,216,905 |
| Holmes | $253,047 | $304,421 | $390,084 | $512,425 | $584,032 |
| Hopewell Junction | $258,208 | $300,418 | $388,292 | $500,418 | $776,583 |
| Lake Peekskill | $204,740 | $235,000 | $271,900 | $324,000 | $372,420 |
| Mahopac | $228,680 | $340,200 | $421,500 | $493,400 | $612,700 |
| Patterson | $173,600 | $230,200 | $298,400 | $405,600 | $528,600 |
| Putnam Valley | $238,120 | $326,700 | $412,700 | $508,700 | $639,420 |
| Stormville | $293,070 | $326,643 | $412,186 | $510,872 | $626,523 |
| Cortlandt Manor | N/A | N/A | N/A | N/A | N/A |
| Fishkill | N/A | N/A | N/A | N/A | N/A |
| Kent Lakes | N/A | N/A | N/A | N/A | N/A |
| Mahopac Falls | N/A | N/A | N/A | N/A | N/A |
| Nelsonville | N/A | N/A | N/A | N/A | N/A |
| Shrub Oak | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Putnam County, New York
Median Putnam County Tax Bill
$11,749
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Putnam County, New York
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brewster | $6,300 | $9,618 | $12,308 | $16,164 | $21,012 |
| Carmel | $4,801 | $7,771 | $10,629 | $13,700 | $17,946 |
| Cold Spring | $3,715 | $8,520 | $11,710 | $15,917 | $21,267 |
| Garrison | $6,912 | $8,946 | $10,894 | $13,968 | $18,732 |
| Holmes | $7,799 | $9,818 | $12,347 | $16,663 | $19,490 |
| Hopewell Junction | $8,336 | $9,915 | $12,324 | $15,353 | $22,814 |
| Lake Peekskill | $6,823 | $8,048 | $9,284 | $11,149 | $12,652 |
| Mahopac | $6,552 | $10,536 | $12,971 | $15,176 | $18,588 |
| Patterson | $4,919 | $8,129 | $10,390 | $13,948 | $17,876 |
| Putnam Valley | $3,847 | $8,559 | $12,243 | $15,194 | $19,369 |
| Stormville | $9,207 | $10,280 | $13,866 | $17,060 | $21,077 |
| Cortlandt Manor | N/A | N/A | N/A | N/A | N/A |
| Fishkill | N/A | N/A | N/A | N/A | N/A |
| Kent Lakes | N/A | N/A | N/A | N/A | N/A |
| Mahopac Falls | N/A | N/A | N/A | N/A | N/A |
| Nelsonville | N/A | N/A | N/A | N/A | N/A |
| Shrub Oak | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell