Valley Cottage, Rockland County, New York Property Taxes
Median Valley Cottage, NY effective property tax rate: 10.89%, significantly higher than the national median of 1.02%, but lower than the NY state median of 2.39%.
Median Valley Cottage, NY home value: $102,000
Median annual Valley Cottage, NY tax bill: $11,825, $9,425 higher than the national median property tax bill of $2,400.
How are property taxes in Rockland calculated?
Property taxes in Valley Cottage, 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 Valley Cottage’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Valley Cottage, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Valley Cottage, Rockland County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
10.89%
Estimate Property Tax Bill
$11,108
$10,308
Property Tax Rates Across Valley Cottage, Rockland County, New York
Local government entities set property tax rates, resulting in significant variations within a state. Annually, each county determines its budget needs to provide essential services and divides this by the total value of all taxable property in its area, leading to the property tax rate. Although votes and legislation play a role in setting these rates and budgets, this is essentially the yearly process.
In Valley Cottage, located in Rockland County, NY, the effective property tax rate is notably higher than both the state and national medians. The median property tax rate in Valley Cottage is 10.89%, which is significantly above the national median of 1.02%. This high rate reflects the county's budgetary requirements and the value of taxable properties.
Comparing Valley Cottage's rates to other cities within New York, it becomes evident that local tax rates can vary greatly based on specific county needs and property values. Homeowners in Valley Cottage face a considerably higher tax burden compared to the national average, underscoring the importance of understanding local tax dynamics and exploring potential tax appeal opportunities.
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 Valley Cottage Tax Rate
10.89%
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 Valley Cottage, Rockland County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10989 | 7.40% | 8.13% | 10.89% | 11.40% | 12.78% |
Source: Ownwell
Property Tax Assessment Values Across Valley Cottage, Rockland County, New York
When examining property taxes in Valley Cottage, 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 assessor 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 Valley Cottage.
For example, the median home price in Valley Cottage is $102,000, with tax bills ranging significantly across the county. Zip code 10989 has the highest median home price at $102,000.
Property Tax Assessment Values Across Valley Cottage, Rockland County, New York
Source: Ownwell
$102,000
$373,439
$644,877
Median Valley Cottage Market Value
$102,000
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 Valley Cottage, Rockland County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10989 | $66,200 | $78,900 | $102,000 | $124,000 | $153,200 |
Source: Ownwell
Property Tax Bills Across Valley Cottage, Rockland County, New York
Property Tax Bills Across Valley Cottage, Rockland County, New York
Source: Ownwell
$2,522
$7,812
$13,101
Median Valley Cottage Tax Bill
$11,825
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 Valley Cottage, Rockland County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10989 | $5,478 | $7,123 | $11,825 | $14,148 | $16,566 |
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 |