Woodbourne, Sullivan County, New York Property Taxes
Median Woodbourne, NY effective property tax rate: 1.55%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Woodbourne, NY home value: $134,469
Median annual Woodbourne, NY tax bill: $2,424, $24 higher than the national median property tax bill of $2,400.
How are property taxes in Sullivan County calculated?
Property taxes in Woodbourne, 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 Woodbourne’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Woodbourne, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Woodbourne, Sullivan County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.55%
Estimate Property Tax Bill
$2,084
$1,934
Property Tax Rates Across Woodbourne, Sullivan County, New York
Local government entities set tax rates, which can vary widely within a state. The reason is that each county annually estimates its required budget to provide 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 Woodbourne’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
In Woodbourne, located in Sullivan County, the property tax rate is 1.55%, which aligns with the highest and lowest median tax rates in the county. This figure is significantly higher than the national median property tax rate of 1.02%. The median property tax rate in New York is also higher than the national average, reflecting the state's need to generate revenue for its services. Understanding these rates can help property owners in Woodbourne make informed decisions about their investments and potential savings through tax appeal and exemption services.
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 Woodbourne Tax Rate
1.55%
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 Woodbourne, Sullivan County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12788 | 1.09% | 1.52% | 1.55% | 1.85% | 2.51% |
Source: Ownwell
Property Tax Assessment Values Across Woodbourne, Sullivan County, New York
When examining property taxes in Woodbourne, 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 Woodbourne.
For example, the median home price in Woodbourne is $134,469, with tax bills ranging significantly across the county. The 12788 zip code has the highest median home price at $134,469.
Property Tax Assessment Values Across Woodbourne, Sullivan County, New York
Source: Ownwell
$97,822
$200,889
$303,956
Median Woodbourne Market Value
$134,469
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 Woodbourne, Sullivan County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12788 | $54,393 | $90,024 | $134,469 | $186,015 | $268,938 |
Source: Ownwell
Property Tax Bills Across Woodbourne, Sullivan County, New York
In Woodbourne, Sullivan County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and market trends influence the assessed value. Homeowners in Woodbourne face a median property tax bill of $2,424, aligning closely with the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,626 and the 90th percentile reaching $4,717. For homeowners, these taxes represent a substantial financial commitment, often impacting their overall budget and financial planning.
Ownwell assists homeowners in reducing their property tax bills by offering expert property tax appeal and exemption services. By analyzing property assessments and market conditions, Ownwell identifies opportunities for tax savings, potentially lowering the financial burden on homeowners. This service ensures that property owners in Woodbourne pay only their fair share, aligning their tax obligations with the true value of their property.
Median Woodbourne Tax Bill
$2,424
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 Woodbourne, Sullivan County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12788 | $690 | $1,626 | $2,424 | $3,376 | $4,717 |
Source: Ownwell