Fallsburg, Sullivan County, New York Property Taxes

Name: Property Tax Bills Across Fallsburg, Sullivan County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Fallsburg, NY effective property tax rate: 1.87%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Fallsburg, NY home value: $122,143
Median annual Fallsburg, NY tax bill: $2,532, $132 higher than the national median property tax bill of $2,400.

How are property taxes in Sullivan calculated?

Property taxes in Fallsburg, 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 Fallsburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fallsburg, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Fallsburg, Sullivan County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.87%

Estimate Property Tax Bill

$2,284

$2,120

Ownwell’s Fallsburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fallsburg with just two data points. By entering your property's estimated assessed value, our calculator applies Fallsburg’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Sullivan County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fallsburg, Sullivan County, New York

Local government entities in Fallsburg, located in Sullivan County, NY, set their property tax rates based on the annual budgetary requirements. Each year, the county assesses the total value of all taxable properties within its jurisdiction and divides this by the required budget to determine the property tax rate. This process, while influenced by votes and legislation, is the core of how property tax rates are established annually.

Fallsburg's effective property tax rate is 1.87%, which is notably higher than the national median property tax rate of 1.02%. This rate is consistent across Sullivan County, showcasing a uniformity that is not always common in other regions. When compared to the national median property tax bill of $2400, residents in Fallsburg may find themselves paying more, reflecting the higher local rates. Understanding these rates is crucial for property owners who are navigating their annual financial obligations. By being informed, property owners can better manage their expenses and explore potential property tax appeal or exemption opportunities.

Property Tax Rates Across Fallsburg, Sullivan County, New York

Source: Ownwell

0.99%

1.95%

2.90%

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 Fallsburg Tax Rate

1.87%

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 Fallsburg, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12733	1.07%	1.63%	1.87%	2.22%	3.88%

Source: Ownwell

Property Tax Assessment Values Across Fallsburg, Sullivan County, New York

When examining property taxes in Fallsburg, 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 May. 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 Fallsburg. For example, the median home price in Fallsburg is $122,143, with tax bills ranging significantly across the county. Zip code 12733 has the highest median home price at $122,143.

Property Tax Assessment Values Across Fallsburg, Sullivan County, New York

Source: Ownwell

$97,822

$200,889

$303,956

Median Fallsburg Market Value

$122,143

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 Fallsburg, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12733	$27,790	$85,164	$122,143	$168,086	$223,258

Source: Ownwell

Property Tax Bills Across Fallsburg, Sullivan County, New York

In Fallsburg, located in Sullivan County, NY, property tax bills are determined by assessing the market value of a home and applying the local tax rate. This region has a median home price of $122,143, with property tax bills varying significantly across different percentiles. Homeowners in the 25th percentile face tax bills around $1,736, while those in the 75th percentile encounter bills of approximately $3,404, and the 90th percentile sees bills as high as $5,084. The median property tax bill in Fallsburg stands at $2,532, which is slightly above the national median of $2,400. Factors such as property location, size, and improvements can influence the assessed value, impacting the final tax bill. Homeowners may find these costs burdensome, especially if their property is over-assessed. Ownwell offers a solution by providing expert property tax appeal services. By reviewing assessments and identifying potential discrepancies, Ownwell helps homeowners reduce their tax liabilities, ensuring they only pay what is fair.

Property Tax Bills Across Fallsburg, Sullivan County, New York

Source: Ownwell

$441

$4,134

$7,826

Median Fallsburg Tax Bill

$2,532

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 Fallsburg, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12733	$929	$1,736	$2,532	$3,404	$5,084

Source: Ownwell