Norwood, St. Lawrence County, New York Property Taxes
Median Norwood, NY effective property tax rate: 3.48%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Norwood, NY home value: $88,095
Median annual Norwood, NY tax bill: $3,420, $1,020 higher than the national median property tax bill of $2,400.
How are property taxes in St. Lawrence calculated?
Property taxes in Norwood, 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 Norwood’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Norwood, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Norwood, St. Lawrence County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.48%
Estimate Property Tax Bill
$3,066
$2,845
Property Tax Rates Across Norwood, St. Lawrence County, New York
Local government entities set property tax rates, which can vary significantly within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Norwood, located in St. Lawrence County, New York, the effective property tax rate stands out. With a median tax rate of 3.48%, Norwood's rate is notably higher than both the state and national medians. This places Norwood among the areas with the highest property tax rates in the state. In contrast, the national median property tax rate is 1.02%, illustrating the significant variation in tax burdens across different regions.
Understanding these rates is crucial for property owners, as they directly impact annual tax bills. By comparing Norwood's effective property tax rate to other cities in New York and the median property tax rates in the state and the U.S., property owners can better assess their tax obligations and explore potential savings through appeals or exemptions.
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 Norwood Tax Rate
3.48%
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 St. Lawrence County Tax Rate
3.02%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Norwood, St. Lawrence County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13668 | 3.31% | 3.37% | 3.48% | 4.42% | 4.42% |
Source: Ownwell
Property Tax Assessment Values Across Norwood, St. Lawrence County, New York
When examining property taxes in Norwood, 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 St. Lawrence 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 St. Lawrence 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 Norwood. For example, the median home price in Norwood is $88,095, with tax bills ranging significantly across the county. 13668 has the highest median home price at $88,095.
Property Tax Assessment Values Across Norwood, St. Lawrence County, New York
Source: Ownwell
$35,000
$108,901
$182,802
Median Norwood Market Value
$88,095
Median St. Lawrence County Market Value
$83,455
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Norwood, St. Lawrence County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13668 | $37,500 | $60,526 | $88,095 | $128,947 | $189,643 |
Source: Ownwell
Property Tax Bills Across Norwood, St. Lawrence County, New York
In Norwood, located in St. Lawrence County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. These assessors evaluate various factors, including the property's size, location, and market conditions, to establish its assessed value. Homeowners in Norwood face a median property tax bill of $3,420, significantly above the national median of $2,400. This higher tax bill can strain household budgets, especially when compared to the national median property tax rate of 1.02%.
Ownwell offers a solution for homeowners looking to reduce their property tax bills. Our team of experts specializes in property tax appeals and exemption services, ensuring that your home is assessed accurately and fairly. By leveraging our expertise, we can help identify potential errors in assessments and navigate the complex appeals process, ultimately saving you money. With Ownwell's assistance, Norwood homeowners can achieve significant savings on their property tax bills, easing the financial burden and providing peace of mind.
Median Norwood Tax Bill
$3,420
Median St. Lawrence County Tax Bill
$2,611
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Norwood, St. Lawrence County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13668 | $1,350 | $2,357 | $3,420 | $4,869 | $6,580 |
Source: Ownwell