Dryden, Tompkins County, New York Property Taxes
Median Dryden, NY effective property tax rate: 3.22%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Dryden, NY home value: $184,000
Median annual Dryden, NY tax bill: $6,240, $3,840 higher than the national median property tax bill of $2,400.
How are property taxes in Tompkins County calculated?
Property taxes in Dryden, 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 Dryden’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dryden, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dryden, Tompkins County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.22%
Estimate Property Tax Bill
$5,925
$5,498
Ownwell’s Dryden Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Dryden with just two data points.
By entering your property's estimated assessed value, our calculator applies Dryden’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 Tompkins County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Dryden, Tompkins County, New York
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Dryden in Tompkins County, NY, the effective property tax rate is 3.22%, which is significantly higher than the national median of 1.02%. This rate is not only the highest but also the lowest in the county, as it remains consistent across the area. Comparatively, the median property tax bill in Dryden is likely to be much higher than the national median bill of $2,400, given the elevated tax rate.
This discrepancy highlights the importance of understanding local tax assessments and exploring potential appeals or exemptions to manage property tax expenses effectively.
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 Dryden Tax Rate
3.22%
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 Dryden, Tompkins County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13053 | 2.28% | 2.90% | 3.22% | 3.77% | 4.04% |
Source: Ownwell
Property Tax Assessment Values Across Dryden, Tompkins County, New York
When examining property taxes in Dryden, 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 Dryden. For example, the median home price in Dryden is $184,000, with tax bills ranging significantly across the county. Zip code 13053 has the highest median home price at $184,000.
Property Tax Assessment Values Across Dryden, Tompkins County, New York
Source: Ownwell
$118,000
$196,500
$275,000
Median Dryden Market Value
$184,000
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 Dryden, Tompkins County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13053 | $115,000 | $152,000 | $184,000 | $230,750 | $284,000 |
Source: Ownwell
Property Tax Bills Across Dryden, Tompkins County, New York
Median Dryden Tax Bill
$6,240
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 Dryden, Tompkins County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13053 | $2,608 | $4,605 | $6,240 | $7,664 | $9,518 |
Source: Ownwell