Bloomingburg, Sullivan County, New York Property Taxes
Median Bloomingburg, NY effective property tax rate: 1.44%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Bloomingburg, NY home value: $303,956. Median annual Bloomingburg, NY tax bill: $1,743, $657 lower than the national median property tax bill of $2,400.
How are property taxes in Sullivan calculated?
Property taxes in Bloomingburg, 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 Bloomingburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bloomingburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bloomingburg, Sullivan County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.44%
Estimate Property Tax Bill
$4,377
$4,062
Property Tax Rates Across Bloomingburg, Sullivan County, New York
Local government entities set tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget needed to provide services and divides it by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Bloomingburg, located in Sullivan County, NY, the effective property tax rate stands at 1.44%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to other cities in New York, Bloomingburg's rate reflects the state's broader trend of above-average property tax rates. The national median property tax bill is $2,400, and Bloomingburg's rate suggests property owners here might experience higher tax bills compared to many other parts of the country. Understanding these rates can help property owners make informed decisions about appealing their property taxes or seeking 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 Bloomingburg Tax Rate
1.44%
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 Sullivan County Tax Rate
1.60%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bloomingburg, Sullivan County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12721 | 0.42% | 1.05% | 1.44% | 1.53% | 1.60% |
Source: Ownwell
Property Tax Assessment Values Across Bloomingburg, Sullivan County, New York
When examining property taxes in Bloomingburg, 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 Sullivan 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 Sullivan 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 Bloomingburg.
For example, the median home price in Bloomingburg is $303,956, with tax bills ranging significantly across the county. Zip code 12721 has the highest median home price at $303,956.
Property Tax Assessment Values Across Bloomingburg, Sullivan County, New York
Source: Ownwell
$97,822
$200,889
$303,956
Median Bloomingburg Market Value
$303,956
Median Sullivan County Market Value
$159,121
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bloomingburg, Sullivan County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12721 | $146,505 | $229,890 | $303,956 | $352,967 | $421,627 |
Source: Ownwell
Property Tax Bills Across Bloomingburg, Sullivan County, New York
In Bloomingburg, Sullivan County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the property tax rate set by the county to determine the annual tax bill. Homeowners in Bloomingburg face a wide range of tax bills, with the 25th percentile at $451 and the 90th percentile reaching $3,910. The median home price in the area is $303,956, influencing the assessed values and, consequently, the tax bills. Compared to the national median property tax bill of $2,400, Bloomingburg's tax bills can be significantly higher, especially for homes assessed at the higher end of the spectrum.
Ownwell can assist homeowners in Bloomingburg by reviewing their property assessments and identifying potential discrepancies or opportunities for exemptions. Our expertise in property tax appeals can help reduce tax liabilities, ensuring homeowners pay only their fair share. By leveraging our services, homeowners can potentially save a substantial amount on their property tax bills, providing financial relief and peace of mind.
Median Bloomingburg Tax Bill
$1,743
Median Sullivan County Tax Bill
$2,467
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Bloomingburg, Sullivan County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12721 | $180 | $451 | $1,743 | $3,251 | $3,910 |
Source: Ownwell