Shrub Oak, Putnam County, New York Property Taxes

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

Median Shrub Oak, NY effective property tax rate: 1.91%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Shrub Oak, NY home value: $977,400. Median annual Shrub Oak, NY tax bill: $16,757, $14,357 higher than the national median property tax bill of $2,400.

How are property taxes in Putnam County calculated?

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

Last Updated March 1, 2025

Shrub Oak, Putnam County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.91%

Estimate Property Tax Bill

$18,668

$17,324

Ownwell’s Shrub Oak Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Shrub Oak with just two data points. By entering your property's estimated assessed value, our calculator applies Shrub Oak’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 Shrub Oak, Putnam County, New York

Local government entities are responsible for setting property tax rates, which can vary significantly within New York. Annually, each county, including Putnam, estimates its budget requirements to provide essential services and divides this by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the basic annual process.

In Shrub Oak, located in Putnam County, the effective property tax rate is a reflection of this process. When compared to other cities in New York and the national median, Shrub Oak's property tax rate provides insight into the local tax landscape. New York's median property tax rate stands at 1.91%, which is significantly higher than the national median of 1.02%. This difference highlights the varying tax burdens homeowners face across different regions. Understanding these rates is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Shrub Oak, 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 Shrub Oak Tax Rate

1.91%

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 Shrub Oak, Putnam County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
10588	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Shrub Oak, Putnam County, New York

When examining property taxes in Shrub Oak, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value represents what a willing buyer would pay to a willing seller in an open and competitive market, influenced by factors such as location, property condition, and economic trends. The Putnam County appraisal district estimates the market value for tax purposes. The assessed value, on the other hand, is the market value minus any applicable exemptions or limits determined by local laws. This assessed value is used to calculate your property taxes by multiplying it by the tax rate to determine your tax bill.

In Putnam County, assessment notices are typically sent in the spring, reaching your mailbox by mid-April. Each property owner receives a notice containing both the market and assessed values, along with an estimated property tax bill. By understanding how these values are determined, property owners can better navigate their tax responsibilities in Shrub Oak. The median home price in Shrub Oak is $977,400, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Shrub Oak, Putnam County, New York

Source: Ownwell

$271,900

$403,018

$534,136

Median Shrub Oak Market Value

$977,400

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 Shrub Oak, Putnam County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
10588	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Shrub Oak, Putnam County, New York

In Shrub Oak, located in Putnam County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. With a median home price of $977,400, homeowners in this area face property tax bills that significantly exceed the national median of $2,400. The tax bill at the 25th percentile in Shrub Oak is $12,688, while at the 75th percentile, it rises to $20,826, and at the 90th percentile, it reaches $23,267. These figures highlight the substantial property tax burden faced by homeowners in this region. Factors such as local tax rates and the assessed value of the property contribute to these high tax bills. Homeowners can benefit from appealing their property assessments to potentially lower their tax obligations. Ownwell offers expert assistance in navigating the property tax appeal process, helping homeowners identify opportunities for tax savings and ensuring they are not overpaying. By leveraging Ownwell's expertise, homeowners can achieve significant reductions in their property tax bills.

Property Tax Bills Across Shrub Oak, Putnam County, New York

Source: Ownwell

$9,284

$11,575

$13,866

Median Shrub Oak Tax Bill

$16,757

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 Shrub Oak, Putnam County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
10588	N/A	N/A	N/A	N/A	N/A

Source: Ownwell