Watkins Glen, Schuyler County, New York Property Taxes
Median Watkins Glen, NY effective property tax rate: 1.98%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Watkins Glen, NY home value: $152,900
Median annual Watkins Glen, NY tax bill: $3,649, $1,249 higher than the national median property tax bill of $2,400.
How are property taxes in Schuyler County calculated?
Property taxes in Watkins Glen, 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 Watkins Glen’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Watkins Glen, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Watkins Glen, Schuyler County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.98%
Estimate Property Tax Bill
$3,027
$2,809
Property Tax Rates Across Watkins Glen, Schuyler County, New York
Local government entities in Watkins Glen, located in Schuyler County, NY, set property tax rates that can fluctuate significantly within the state. Each year, Schuyler County calculates its budgetary needs to fund essential services and divides this amount by the total assessed value of all taxable properties in the area. This process determines the property tax rate. Although the setting of tax rates involves votes and legislation, this is the core of the annual procedure.
Watkins Glen's effective property tax rate can be compared to other cities in New York, as well as to the median property tax rates in both the state and the U.S. Notably, Watkins Glen's rate stands out against the national median property tax rate of 1.02% and the national median property tax bill of $2,400. Understanding these comparisons can provide valuable insights for property owners and potential buyers, highlighting the importance of staying informed about local property tax trends and rates.
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 Watkins Glen Tax Rate
1.98%
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 Schuyler County Tax Rate
2.27%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Watkins Glen, Schuyler County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14891 | 1.80% | 1.80% | 1.98% | 3.10% | 3.10% |
Source: Ownwell
Property Tax Assessment Values Across Watkins Glen, Schuyler County, New York
When examining property taxes in Watkins Glen, 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 Schuyler 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 Schuyler 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 Watkins Glen.
For example, the median home price in Watkins Glen is $152,900, with tax bills ranging significantly across the county. Zip code 14891 has the highest median home price at $152,900.
Property Tax Assessment Values Across Watkins Glen, Schuyler County, New York
Source: Ownwell
$86,000
$153,250
$220,500
Median Watkins Glen Market Value
$152,900
Median Schuyler County Market Value
$150,000
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Watkins Glen, Schuyler County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14891 | $64,700 | $105,900 | $152,900 | $197,300 | $269,400 |
Source: Ownwell
Property Tax Bills Across Watkins Glen, Schuyler County, New York
Median Watkins Glen Tax Bill
$3,649
Median Schuyler County Tax Bill
$3,536
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Watkins Glen, Schuyler County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14891 | $1,314 | $2,284 | $3,649 | $4,996 | $6,312 |
Source: Ownwell