Piermont, Rockland County, New York Property Taxes
Median Piermont, NY effective property tax rate: 0.55%, significantly lower than the national median of 1.02%, but lower than the NY state median of 2.39%.
Median Piermont, NY home value: $539,032
Median annual Piermont, NY tax bill: $3,698, $1,298 higher than the national median property tax bill of $2,400.
How are property taxes in Rockland calculated?
Property taxes in Piermont, 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 Piermont’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Piermont, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Piermont, Rockland County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.55%
Estimate Property Tax Bill
$2,965
$2,751
Property Tax Rates Across Piermont, Rockland County, New York
Local government entities set tax rates, which can vary widely within a state. This is because each county estimates its required budget to provide services annually and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Piermont, Rockland County, NY, the effective property tax rate is notably different from other cities in the state. The median property tax rate in Piermont is 0.55%, which is significantly lower than the national median property tax rate of 1.02%. This means that homeowners in Piermont may benefit from lower property tax bills compared to the national average, potentially making it an attractive location for property owners. However, it's essential to consider other factors such as property values and local amenities when evaluating the overall cost of living. Comparing Piermont's effective property tax rate to other cities in New York and the median property tax rates in the state and the U.S. can provide valuable insights for homeowners considering a property tax appeal or exemption.
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 Piermont Tax Rate
0.55%
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 Rockland County Tax Rate
9.36%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Piermont, Rockland County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10968 | 0.40% | 0.50% | 0.55% | 3.00% | 4.24% |
Source: Ownwell
Property Tax Assessment Values Across Piermont, Rockland County, New York
When examining property taxes in Piermont, 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 Rockland 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 Rockland 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 Piermont. For example, the median home price in Piermont is $539,032, with tax bills ranging significantly across the county. Zip code 10968 has the highest median home price at $539,032.
Property Tax Assessment Values Across Piermont, Rockland County, New York
Source: Ownwell
$102,000
$373,439
$644,877
Median Piermont Market Value
$539,032
Median Rockland County Market Value
$130,400
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Piermont, Rockland County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10968 | $231,286 | $323,706 | $539,032 | $768,846 | $973,853 |
Source: Ownwell
Property Tax Bills Across Piermont, Rockland County, New York
In Piermont, Rockland County, NY, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Factors such as property size, location, and any improvements can influence the assessed value. Homeowners in Piermont face a median tax bill of $3,698, which is above the national median of $2,400. The tax bill varies significantly, with the 25th percentile at $2,158 and the 90th percentile reaching $25,564. Such variability can place a significant financial burden on homeowners.
Ownwell assists homeowners by reviewing their property assessments to identify potential overvaluations. By filing appeals and seeking exemptions, Ownwell can help reduce the assessed value, thereby lowering the tax burden. This service can lead to significant savings, ensuring homeowners in Piermont pay a fair amount. With professional expertise, Ownwell simplifies the complex property tax landscape, providing peace of mind and potential cost savings.
Median Piermont Tax Bill
$3,698
Median Rockland County Tax Bill
$10,993
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Piermont, Rockland County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10968 | $1,315 | $2,158 | $3,698 | $13,117 | $25,564 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Rockland Assessment Review Commission | |
| Website | app.regrid.com |