Bearsville, Ulster County, New York Property Taxes
Median Bearsville, NY effective property tax rate: 1.60%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Bearsville, NY home value: $527,869
Median annual Bearsville, NY tax bill: $8,340, $5,940 higher than the national median property tax bill of $2,400.
How are property taxes in Ulster calculated?
Property taxes in Bearsville, 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 Bearsville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bearsville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bearsville, Ulster County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.6%
Estimate Property Tax Bill
$8,446
$7,838
Ownwell’s Bearsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Bearsville with just two data points. By entering your property's estimated assessed value, our calculator applies Bearsville’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 Ulster County. With property tax bills in Bearsville reaching a median of $8,340, significantly above the national median of $2,400, the importance of understanding and potentially appealing your property tax assessment is paramount.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Bearsville, Ulster County, New York
Local government entities determine tax rates, which can differ significantly within a state. This variation is due to each county calculating its necessary budget annually to provide services and then dividing that by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While setting tax rates and budgets involves votes and laws, this is the annual process in a nutshell.
In Bearsville, located in Ulster County, New York, the effective property tax rate stands out when compared to other cities in the state. The median property tax rate in New York is higher than the national median, reflecting the diverse economic landscape and service requirements of the state. Bearsville's rate exemplifies this, demonstrating the impact of local budgetary needs on property taxation.
By understanding these differences, property owners can better anticipate their tax obligations and explore potential savings through appeals or exemptions. Comparing Bearsville’s property tax rate with state and national medians offers valuable insights into how local fiscal policies influence individual financial responsibilities.
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 Bearsville Tax Rate
1.60%
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 Ulster County Tax Rate
2.67%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bearsville, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12409 | 1.49% | 1.60% | 1.60% | 1.60% | 1.60% |
Source: Ownwell
Property Tax Assessment Values Across Bearsville, Ulster County, New York
When examining property taxes in Bearsville, 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 Ulster 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.
Assessment notices: In Ulster 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 Bearsville.
For example, the median home price in Bearsville is $527,869, with tax bills ranging significantly across the county. Zip code 12409 has the highest median home price at $527,869.
Property Tax Assessment Values Across Bearsville, Ulster County, New York
Source: Ownwell
$94,364
$366,546
$638,727
Median Bearsville Market Value
$527,869
Median Ulster County Market Value
$268,649
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bearsville, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12409 | $280,246 | $386,475 | $527,869 | $784,426 | $1,206,049 |
Source: Ownwell
Property Tax Bills Across Bearsville, Ulster County, New York
In Bearsville, NY, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $527,869, homeowners can expect tax bills significantly higher than the national median of $2,400. The 25th percentile tax bill in Ulster County is $6,074, while the 75th percentile reaches $12,477, indicating a broad range of property tax burdens. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill. For homeowners in Bearsville, these high tax obligations can be a financial strain.
Ownwell offers a solution by providing property tax appeal and exemption services. By leveraging expertise in local tax regulations, Ownwell helps homeowners identify potential inaccuracies in their assessments and file appeals to reduce their tax liabilities. This service can lead to significant savings, easing the financial burden on property owners. With Ownwell's assistance, homeowners can ensure their tax bills are fair and reflective of their property's true value.
Median Bearsville Tax Bill
$8,340
Median Ulster County Tax Bill
$6,879
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Bearsville, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12409 | $4,333 | $6,074 | $8,340 | $12,477 | $18,787 |
Source: Ownwell