Ferndale, Sullivan County, New York Property Taxes

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

Median Ferndale, NY effective property tax rate: 2.21%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Ferndale, NY home value: $129,511
Median annual Ferndale, NY tax bill: $2,658, $258 higher than the national median property tax bill of $2,400.

How are property taxes in Sullivan County calculated?

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

Last Updated March 1, 2025

Ferndale, Sullivan County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.21%

Estimate Property Tax Bill

$2,862

$2,656

Ownwell’s Ferndale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Ferndale with just two data points. By entering your property's estimated assessed value, our calculator applies Ferndale’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 Ferndale, Sullivan County, New York

Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, a county estimates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the core of the annual process. In Ferndale, located in Sullivan County, New York, the effective property tax rate is 2.21%, which is notably higher than the national median of 1.02%. This rate is consistent across the county, reflecting a uniform approach to property taxation. Compared to other cities in New York, Ferndale's rate aligns with the state’s higher-than-average property tax rates, offering a glimpse into the fiscal landscape of the region. Understanding these rates is crucial for property owners, as they directly impact annual tax bills, which can significantly exceed the national median property tax bill of $2,400.

Property Tax Rates Across Ferndale, 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 Ferndale Tax Rate

2.21%

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 Ferndale, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12734	1.13%	1.79%	2.21%	2.22%	2.22%

Source: Ownwell

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

When examining property taxes in Ferndale, 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. Assessment notices: 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 Ferndale. For example, the median home price in Ferndale is $129,511, with tax bills ranging significantly across the county. 12734 has the highest median home price at $129,511.

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

Source: Ownwell

$97,822

$200,889

$303,956

Median Ferndale Market Value

$129,511

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 Ferndale, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12734	$65,278	$104,875	$129,511	$191,075	$272,129

Source: Ownwell

Property Tax Bills Across Ferndale, Sullivan County, New York

In Ferndale, NY, located in Sullivan County, property tax bills are determined based on the assessed value of a home. The assessed value is typically a percentage of the market value, which is influenced by factors such as location, property size, and home improvements. Homeowners in Ferndale face a median property tax bill of $2,658, aligning with the national median bill of $2,400, but with a local rate that stands out. The 25th percentile tax bill is $1,659, while the 75th percentile reaches $3,784, and the 90th percentile escalates to $5,733, reflecting the variability in property assessments and valuations.

For homeowners, these tax bills can represent a significant financial burden. This is where Ownwell steps in, offering expert property tax appeal and exemption services. By analyzing individual property assessments and identifying discrepancies, Ownwell can help homeowners potentially reduce their tax bills. With tailored strategies and professional guidance, Ownwell ensures that homeowners in Ferndale are not overpaying on their property taxes, providing substantial savings and peace of mind.

Property Tax Bills Across Ferndale, Sullivan County, New York

Source: Ownwell

$441

$4,134

$7,826

Median Ferndale Tax Bill

$2,658

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 Ferndale, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12734	$893	$1,659	$2,658	$3,784	$5,733

Source: Ownwell