Antwerp, New York Property Taxes
The median property tax rate in Antwerp, NY is 2.57%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Antwerp at $94,840, the typical annual property tax bill reaches $2,322, which is just below the national median of $2,690. Property taxes in Antwerp are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Antwerp'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 Antwerp 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
Antwerp, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.57%
Estimate Property Tax Bill
$2,437
$2,262
Ownwell’s Antwerp Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Antwerp using just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Antwerp to provide an estimated property tax bill. This valuable tool helps you understand your potential tax liabilities, making it easier to plan your finances. For those interested in more localized insights, scroll down to explore neighborhood-level trends. Your property’s assessed value, determined by St. Lawrence County, is used for property tax calculations and accounts for any applicable exemptions.
Property Tax Rates Across Antwerp, New York
Property taxes in Antwerp, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Antwerp is 2.57%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Antwerp set these rates annually, and they can vary significantly across different neighborhoods. Each year, Antwerp 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 Antwerp's effective property tax rate to other areas in New York and the national median. For comparison, the zip code 13608 within Antwerp has the highest median property tax rate of 2.57%, while the same zip code also has the lowest median tax rate of 2.57%. Understanding how these rates compare with Antwerp provides valuable insights into the varying tax landscape across St. Lawrence County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Antwerp Tax Rate
2.57%
Average St. Lawrence County Tax Rate
3.02%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Antwerp, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13608 | 1.68% | 2.57% | 2.57% | 2.57% | 2.57% |
Source: Ownwell
Property Tax Assessment Values Across Antwerp, New York
In Antwerp, New York, 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 St. Lawrence County Assessor 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 Antwerp, 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 Antwerp helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 13608, with a tax bill of $2,322, which is significantly higher than the national median property tax rate of 0.99%.
Average Antwerp Assessed Value
$94,840
Average St. Lawrence County Assessed Value
$83,455
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Antwerp, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13608 | $25,170 | $40,133 | $94,840 | $138,617 | $178,436 |
Source: Ownwell
Property Tax Bills Across Antwerp, New York
In Antwerp, located in St. Lawrence County, NY, property tax bills are determined based on the assessed value of a home, which is then multiplied by the local tax rate. The median home price in this area is $94,840. Homeowners in Antwerp can expect a range of property tax bills, with the 25th percentile paying around $903 and the 75th percentile facing bills up to $3,401. The 90th percentile sees even higher tax bills, reaching up to $4,198. These figures highlight the variability in tax burdens depending on property values and local tax rates. It's important to note that the median property tax rate nationally is 0.99%, and Antwerp's property tax bills reflect a diverse range, with the highest and lowest median tax bills both recorded at $2,322 in the zip code 13608. Understanding these factors can help homeowners anticipate their annual property tax liabilities and plan their finances accordingly.
Average Antwerp Tax Bill
$2,322
Average St. Lawrence County Tax Bill
$2,611
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Antwerp, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13608 | $647 | $903 | $2,322 | $3,401 | $4,198 |
Source: Ownwell