Stony Point, Rockland County, New York Property Taxes

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

Stony Point, located in Rockland County, has a median property tax rate of 1.08%, which matches the highest and lowest median tax rates in the state, both also at 1.08%. This is slightly above the national median property tax rate of 1.02%. The median property tax bill here is notably higher than the national median of $2,400. This highlights the importance of understanding local property tax dynamics to ensure that property owners are not overpaying and can take advantage of any available exemptions or appeals.

In Stony Point, located in Rockland County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate applied to this value is influenced by the funding needs of local services such as schools, infrastructure, and emergency services. Homeowners in Stony Point face a median property tax bill of $3,978, which is significantly higher than the national median of $2,400. The tax bill can range from $3,400 at the 25th percentile to $6,615 at the 90th percentile, reflecting variations in property values and tax rates across the area.

For homeowners looking to reduce their tax burden, Ownwell offers expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners challenge over-assessments and secure potential savings. With a proven track record of successful appeals, Ownwell ensures that homeowners in Stony Point only pay what is fair, potentially lowering their property tax bills and easing their financial responsibilities.