Dickinson Center, New York Property Taxes
The median property tax rate in Dickinson Center, NY is 3.21%, 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 Dickinson Center at $85,512, the typical annual property tax bill reaches $2,619, just below the national median of $2,690. Property taxes in Dickinson Center 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 Dickinson Center'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 Dickinson Center 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
Dickinson Center, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.21%
Estimate Property Tax Bill
$2,745
$2,547
Ownwell’s Dickinson Center Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dickinson Center with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dickinson Center 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 Dickinson Center, New York
Property taxes in Dickinson Center, 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 Dickinson Center is 3.21%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Dickinson Center set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dickinson Center 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 Dickinson Center's effective property tax rate to other counties in New York and the national median. For comparison, the 12930 zip code has the highest median property tax rate of 3.21%, while the same zip code also has the lowest median tax rate of 3.21%. Understanding how these cities compare with Dickinson Center 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 Dickinson Center Tax Rate
3.21%
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 Dickinson Center, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12930 | 2.65% | 3.01% | 3.21% | 3.21% | 3.21% |
Source: Ownwell
Property Tax Assessment Values Across Dickinson Center, New York
In Dickinson Center, 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 St. Lawrence 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 Dickinson Center, 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 Dickinson Center helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills both stand at $2,619 in the 12930 zip code.
Property Tax Assessment Values Across Dickinson Center, New York
Source: Ownwell
$27,044
$104,923
$182,802
Average Dickinson Center Assessed Value
$85,512
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 Dickinson Center, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12930 | $80,750 | $82,898 | $85,512 | $91,264 | $99,062 |
Source: Ownwell
Property Tax Bills Across Dickinson Center, New York
In Dickinson Center, NY, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in the area is $85,512, which serves as a basis for calculating the tax bill. Factors such as property size, location, and improvements can influence the assessed value, leading to variations in tax amounts. Homeowners in Dickinson Center experience property tax bills that range significantly. For instance, the 25th percentile tax bill is $2,432, while the 75th percentile reaches $2,857, and the 90th percentile climbs to $3,148. Comparatively, the highest and lowest median tax bills in the region both stand at $2,619, indicating a consistent tax rate across different properties within the same zip code. These property taxes can have a substantial impact on homeowners, affecting their annual expenses and overall financial planning. With the national median property tax rate at 0.99%, the tax rates in Dickinson Center highlight the importance of understanding local property tax calculations for effective budgeting and financial management.
Average Dickinson Center Tax Bill
$2,619
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 Dickinson Center, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12930 | $2,233 | $2,432 | $2,619 | $2,857 | $3,148 |
Source: Ownwell