West Haverstraw, New York Property Taxes
The median property tax rate in West Haverstraw, NY is 0.88%, which is lower than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in West Haverstraw at $277,067, the typical annual property tax bill amounts to $2,522, falling below the national median of $2,690. Property taxes in West Haverstraw are calculated based on the tax assessed value, which often comes in lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding West Haverstraw's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of West Haverstraw or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Haverstraw, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.88%
Estimate Property Tax Bill
$2,438
-$25,552
Ownwell’s West Haverstraw Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Haverstraw with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Haverstraw to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across West Haverstraw, New York
Property taxes in West Haverstraw, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Haverstraw is 0.88%, lower than both the New York state median and the U.S. national median of 0.99%. Local government entities within West Haverstraw set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Haverstraw estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares West Haverstraw's effective property tax rate to other counties in New York and the national median. For comparison, the 10993 zip code has both the highest and lowest median property tax rate of 0.88%. Understanding how these cities compare with West Haverstraw provides valuable insights into the varying tax landscape across Rockland County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average West Haverstraw Tax Rate
0.88%
Average Rockland County Tax Rate
9.36%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across West Haverstraw, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10993 | 0.84% | 0.87% | 0.88% | 4.98% | 5.00% |
Source: Ownwell
Property Tax Assessment Values Across West Haverstraw, New York
In West Haverstraw, NY, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Rockland County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In West Haverstraw, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in West Haverstraw helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 10993, with a median tax bill of $2,522.
Property Tax Assessment Values Across West Haverstraw, New York
Source: Ownwell
$102,000
$4,272,452
$8,442,903
Average West Haverstraw Assessed Value
$277,067
Average Rockland County Assessed Value
$130,400
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across West Haverstraw, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10993 | $245,219 | $263,076 | $277,067 | $300,900 | $350,323 |
Source: Ownwell
Property Tax Bills Across West Haverstraw, New York
In West Haverstraw, Rockland County, NY, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is periodically determined by the local assessor. Factors such as home improvements, neighborhood changes, and market trends can influence this assessed value. For example, the median home price in West Haverstraw stands at $277,067. Homeowners in this area experience a range of tax bills, with the 25th percentile at $2,341 and the 75th percentile at $12,366. The highest median tax bill in the 10993 zip code is recorded at $2,522. These figures illustrate the variability in tax burdens depending on property values and assessment accuracy. Compared to the national median property tax rate of 0.99%, West Haverstraw homeowners may find their tax rates relatively high, impacting their overall financial planning and homeownership costs.
Average West Haverstraw Tax Bill
$2,522
Average Rockland County Tax Bill
$10,993
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across West Haverstraw, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10993 | $2,102 | $2,341 | $2,522 | $12,366 | $15,838 |
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 |