Newark Valley, Tioga County, New York Property Taxes

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

Median Newark Valley, NY effective property tax rate: 2.94%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Newark Valley, NY home value: $108,333. Median annual Newark Valley, NY tax bill: $2,970, $570 higher than the national median property tax bill of $2,400.

How are property taxes in Tioga calculated?

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

Last Updated March 1, 2025

Newark Valley, Tioga County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.94%

Estimate Property Tax Bill

$3,185

$2,956

Ownwell’s Newark Valley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Newark Valley with just two data points.

By entering your property's estimated assessed value, our calculator applies Newark Valley’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 Tioga County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Newark Valley, Tioga County, New York

Local government entities set tax rates, which can vary widely within a state. Annually, each county 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 Newark Valley’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 Newark Valley, located in Tioga County, property owners face an effective property tax rate of 2.94%, which is significantly higher than the national median of 1.02%. This means that homeowners in Newark Valley are paying more than double the national median property tax rate. Compared to other areas within New York, Newark Valley holds one of the highest median tax rates in the state. Understanding these rates is crucial for property owners who are considering appealing their property taxes or seeking exemptions. By being informed, property owners can better navigate the complexities of property taxation and potentially reduce their tax burden.

Property Tax Rates Across Newark Valley, Tioga County, New York

Source: Ownwell

1.74%

2.83%

3.92%

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 Newark Valley Tax Rate

2.94%

Median Effective Tioga County Tax Rate

3.13%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Newark Valley, Tioga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13811	1.82%	2.50%	2.94%	3.24%	3.24%

Source: Ownwell

Property Tax Assessment Values Across Newark Valley, Tioga County, New York

When examining property taxes in Newark Valley, 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 Tioga 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 Tioga 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 Newark Valley.

For example, the median home price in Newark Valley is $108,333, with tax bills ranging significantly across the county. Zip code 13811 has the highest median home price at $108,333.

Property Tax Assessment Values Across Newark Valley, Tioga County, New York

Source: Ownwell

$72,120

$116,544

$160,968

Median Newark Valley Market Value

$108,333

Median Tioga County Market Value

$119,000

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Newark Valley, Tioga County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13811	$37,333	$70,000	$108,333	$141,667	$198,167

Source: Ownwell

Property Tax Bills Across Newark Valley, Tioga County, New York

In Newark Valley, located in Tioga County, NY, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in this area is $108,333. Homeowners can expect varying tax bills, with the 25th percentile at $1,809 and the 75th percentile at $4,181. At the 90th percentile, tax bills can reach up to $6,031. The highest and lowest median tax bills in the area both stand at $2,970, which is notably higher than the national median property tax bill of $2,400. This significant variation in tax bills impacts homeowners differently, depending on their property's assessed value and applicable exemptions. Ownwell can assist homeowners by evaluating their property tax assessments and identifying potential savings through appeals or exemptions. By leveraging expertise in local property tax laws, Ownwell helps homeowners reduce their tax burden, ensuring they pay only their fair share and potentially saving them hundreds or even thousands of dollars annually.

Property Tax Bills Across Newark Valley, Tioga County, New York

Source: Ownwell

$1,593

$3,852

$6,110

Median Newark Valley Tax Bill

$2,970

Median Tioga County Tax Bill

$3,510

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Newark Valley, Tioga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13811	$943	$1,809	$2,970	$4,181	$6,031

Source: Ownwell