Brooktondale, Tompkins County, New York Property Taxes
Median Brooktondale, NY effective property tax rate: 2.43%, significantly higher than the national median of 1.02%, but slightly higher than the New York state median of 2.39%.
Median Brooktondale, NY home value: $165,000
Median annual Brooktondale, NY tax bill: $3,498, $1,098 higher than the national median property tax bill of $2,400.
How are property taxes in Tompkins calculated?
Property taxes in Brooktondale, 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 Brooktondale’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Brooktondale, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Brooktondale, Tompkins County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.43%
Estimate Property Tax Bill
$4,010
$3,721
Property Tax Rates Across Brooktondale, Tompkins County, New York
Local government entities set tax rates, which can vary widely within a state. 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 Brooktondale’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S. Brooktondale, located in Tompkins County, has a median property tax rate of 2.43%, which is significantly higher than the national median of 1.02%. This means that homeowners in Brooktondale often face higher property tax bills compared to many other regions across the country. In fact, the median tax rate in Brooktondale is among the highest in New York, reflecting the county’s approach to budgeting and service provision. Understanding these rates can help property owners make informed decisions about their investments and financial planning.
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 Brooktondale Tax Rate
2.43%
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 Tompkins County Tax Rate
2.79%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Brooktondale, Tompkins County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14817 | 0.96% | 1.72% | 2.43% | 2.66% | 2.72% |
Source: Ownwell
Property Tax Assessment Values Across Brooktondale, Tompkins County, New York
When examining property taxes in Brooktondale, 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 Tompkins 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 Tompkins 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 Brooktondale.
For example, the median home price in Brooktondale is $165,000, with tax bills ranging significantly across the county. The zip code 14817 has the highest median home price at $165,000.
Property Tax Assessment Values Across Brooktondale, Tompkins County, New York
Source: Ownwell
$118,000
$196,500
$275,000
Median Brooktondale Market Value
$165,000
Median Tompkins County Market Value
$225,000
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Brooktondale, Tompkins County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14817 | $38,000 | $99,250 | $165,000 | $225,000 | $295,000 |
Source: Ownwell
Property Tax Bills Across Brooktondale, Tompkins County, New York
Median Brooktondale Tax Bill
$3,498
Median Tompkins County Tax Bill
$6,186
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Brooktondale, Tompkins County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14817 | $578 | $1,563 | $3,498 | $5,259 | $7,259 |
Source: Ownwell