Highland Lake, Sullivan County, New York Property Taxes

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

Median Highland Lake, NY effective property tax rate: 1.07%, slightly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Highland Lake, NY home value: $258,958
Median annual Highland Lake, NY tax bill: $2,166, $234 lower than the national median property tax bill of $2,400.

How are property taxes in Sullivan calculated?

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

Last Updated March 1, 2025

Highland Lake, Sullivan County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$2,771

$2,571

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

Local government entities determine tax rates, which can vary significantly within a state. Annually, each county estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Highland Lake’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S. Highland Lake in Sullivan County has a median property tax rate of 1.07%, which is slightly above the national median of 1.02%. This rate reflects the county's budgeting needs and the total value of taxable property. By understanding these rates, property owners can better navigate their financial responsibilities and potentially explore opportunities for tax appeals.

Property Tax Rates Across Highland Lake, 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 Highland Lake Tax Rate

1.07%

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 Highland Lake, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12743	1.03%	1.07%	1.07%	1.07%	1.07%

Source: Ownwell

Property Tax Assessment Values Across Highland Lake, Sullivan County, New York

When examining property taxes in Highland Lake, 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 Assessment Office 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 Highland Lake. For example, the median home price in Highland Lake is $258,958, with tax bills ranging significantly across the county. 12743 has the highest median home price at $258,958.

Property Tax Assessment Values Across Highland Lake, Sullivan County, New York

Source: Ownwell

$97,822

$200,889

$303,956

Median Highland Lake Market Value

$258,958

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 Highland Lake, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12743	$101,427	$182,187	$258,958	$392,604	$556,542

Source: Ownwell

Property Tax Bills Across Highland Lake, Sullivan County, New York

In Highland Lake, located in Sullivan County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in this area is $258,958. Homeowners can expect a tax bill that varies significantly, with the 25th percentile at $1,368 and the 75th percentile at $2,819. This variability highlights the impact of property assessments and local tax rates on individual tax bills. Notably, the highest and lowest median tax bills in the area are both $2,166, indicating a consistent tax burden across different zip codes within the region.

With property taxes being a significant expense, homeowners often seek ways to reduce their bills. Ownwell offers expertise in property tax appeals and exemption services, helping homeowners potentially lower their tax obligations. By analyzing market trends and property assessments, Ownwell identifies discrepancies that may lead to successful appeals, ensuring that homeowners in Highland Lake pay only their fair share. This service can provide substantial savings, especially in areas with fluctuating tax bills like Sullivan County.

Property Tax Bills Across Highland Lake, Sullivan County, New York

Source: Ownwell

$441

$4,134

$7,826

Median Highland Lake Tax Bill

$2,166

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 Highland Lake, Sullivan County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12743	$956	$1,368	$2,166	$2,819	$3,609

Source: Ownwell