Cortlandt Manor, Putnam County, New York Property Taxes

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

Median Cortlandt Manor, NY effective property tax rate: 1.19%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Cortlandt Manor, NY home value: $13,900
Median annual Cortlandt Manor, NY tax bill: $165, $2,235 lower than the national median property tax bill of $2,400.

How are property taxes in Putnam calculated?

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

Last Updated March 1, 2025

Cortlandt Manor, Putnam County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.19%

Estimate Property Tax Bill

$165

$153

Ownwell’s Cortlandt Manor Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cortlandt Manor with just two data points. By entering your property's estimated assessed value, our calculator applies Cortlandt Manor’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 Putnam County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cortlandt Manor, Putnam County, New York

Local government entities determine tax rates, which can significantly differ across a state. Each year, counties calculate their necessary budget to fund services and divide this by the total value of taxable property within their area, resulting in the property tax rate. Although votes and regulations play a role in determining these rates and budgets, this is essentially the annual procedure.

In Cortlandt Manor, located in Putnam County, NY, the effective property tax rate is a crucial factor for homeowners to consider. When compared to the national median property tax rate of 1.02%, Cortlandt Manor's rate is notably higher. This difference highlights the importance of understanding local tax obligations, as they can impact the overall cost of homeownership.

By comparing Cortlandt Manor's tax rate to other cities in New York and the national median, homeowners can gain valuable insights into their property tax responsibilities. This knowledge can be instrumental when planning budgets and making informed decisions about property investments. Understanding these variations can help residents better navigate their financial commitments and optimize their property tax strategies.

Property Tax Rates Across Cortlandt Manor, Putnam County, New York

Source: Ownwell

1.57%

2.60%

3.62%

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 Cortlandt Manor Tax Rate

1.19%

Median Effective Putnam County Tax Rate

3.27%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cortlandt Manor, Putnam County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
10567	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Cortlandt Manor, Putnam County, New York

When examining property taxes in Cortlandt Manor, 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 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.

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 Cortlandt Manor.

For example, the median home price in Cortlandt Manor is $13,900, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Cortlandt Manor, Putnam County, New York

Source: Ownwell

$271,900

$403,018

$534,136

Median Cortlandt Manor Market Value

$13,900

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 Cortlandt Manor, Putnam County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
10567	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Cortlandt Manor, Putnam County, New York

In Cortlandt Manor, Putnam County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. In this region, the median home price is notably lower than the national median, leading to a median property tax bill of $165, which is significantly below the national median of $2400. Factors influencing the tax bill include the property's assessed value, the local tax rate, and any applicable exemptions or deductions. For homeowners, these taxes can represent a substantial annual expense, impacting overall financial planning. Ownwell offers property tax appeal and exemption services to help homeowners potentially reduce their tax bills. By analyzing property assessments and identifying potential inaccuracies or opportunities for exemptions, Ownwell can assist homeowners in navigating the appeals process, ultimately aiming to lower their annual property tax obligations and ease their financial burden.

Property Tax Bills Across Cortlandt Manor, Putnam County, New York

Source: Ownwell

$9,284

$11,575

$13,866

Median Cortlandt Manor Tax Bill

$165

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 Cortlandt Manor, Putnam County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
10567	N/A	N/A	N/A	N/A	N/A

Source: Ownwell