Saint Regis Falls, New York Property Taxes
The median property tax rate in Saint Regis Falls, NY is 2.93%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Saint Regis Falls at $159,086, the typical annual property tax bill reaches $4,649, surpassing the national median of $2,690. Property taxes in Saint Regis Falls are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Saint Regis Falls' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Saint Regis Falls 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
Saint Regis Falls, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.93%
Estimate Property Tax Bill
$4,661
$4,609
Ownwell’s Saint Regis Falls Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Regis Falls with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Regis Falls 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 Saint Regis Falls, New York
Property taxes in Saint Regis Falls, New York, are essential for funding local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Regis Falls is 2.93%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Saint Regis Falls set these rates annually, which can vary across different neighborhoods. Each year, Saint Regis Falls 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 Saint Regis Falls' effective property tax rate to other counties in New York and the national median. For comparison, the zip code 12980 has both the highest and lowest median property tax rate of 2.93%. Understanding how these areas compare with Saint Regis Falls 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 Saint Regis Falls Tax Rate
2.93%
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 Saint Regis Falls, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12980 | 2.93% | 2.93% | 2.93% | 2.93% | 3.06% |
Source: Ownwell
Property Tax Assessment Values Across Saint Regis Falls, New York
In Saint Regis Falls, 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 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 Saint Regis Falls, 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 Saint Regis Falls helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $4,649, found in the 12980 zip code.
Property Tax Assessment Values Across Saint Regis Falls, New York
Source: Ownwell
$27,044
$104,923
$182,802
Average Saint Regis Falls Assessed Value
$159,086
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 Saint Regis Falls, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12980 | $43,742 | $91,318 | $159,086 | $196,935 | $250,796 |
Source: Ownwell
Property Tax Bills Across Saint Regis Falls, New York
In Saint Regis Falls, located in St. Lawrence County, NY, property tax bills are calculated 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 $159,086. Homeowners can expect tax bills to vary significantly, ranging from $2,510 at the 25th percentile to $7,219 at the 90th percentile, reflecting differences in property values and exemptions. Several factors influence the final tax bill, including the assessed value set by local assessors and any applicable exemptions or deductions. For example, properties with higher assessed values or fewer exemptions will naturally incur higher tax bills. The highest median tax bill in the area is $4,649, which is notably higher than the national median property tax rate of 0.99%. These property taxes play a crucial role in funding local services such as schools, public safety, and infrastructure, directly impacting the quality of life for homeowners in Saint Regis Falls.
Average Saint Regis Falls Tax Bill
$4,649
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 Saint Regis Falls, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12980 | $1,322 | $2,510 | $4,649 | $5,755 | $7,219 |
Source: Ownwell