Bloomington, Ulster County, New York Property Taxes
Median Bloomington, NY effective property tax rate: 2.89%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Bloomington, NY home value: $253,919. Median annual Bloomington, NY tax bill: $7,228, $4,828 higher than the national median property tax bill of $2,400.
How are property taxes in Ulster calculated?
Property taxes in Bloomington, 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 Bloomington’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bloomington, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Bloomington, Ulster County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.89%
Estimate Property Tax Bill
$7,338
$6,810
Property Tax Rates Across Bloomington, Ulster County, New York
Local government entities are responsible for setting tax rates, which can differ significantly within a state. The process involves each county estimating its required budget to provide essential services and dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
Now, let's compare Bloomington’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S. Bloomington, located in Ulster County, has an effective property tax rate of 2.89%. This is significantly higher than the national median property tax rate of 1.02%. The median property tax bill in Bloomington is also notably above the national median of $2,400. This higher rate reflects the county's budgetary requirements and the total value of taxable property in the area. Understanding these rates can help property owners make informed decisions about property tax appeals and exemptions.
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 Bloomington Tax Rate
2.89%
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 Bloomington, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12411 | 2.77% | 2.89% | 2.89% | 2.89% | 3.11% |
Source: Ownwell
Property Tax Assessment Values Across Bloomington, Ulster County, New York
When examining property taxes in Bloomington, 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.
In Ulster County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Bloomington.
For example, the median home price in Bloomington is $253,919, with tax bills ranging significantly across the county. Zip code 12411 has the highest median home price at $253,919.
Property Tax Assessment Values Across Bloomington, Ulster County, New York
Source: Ownwell
$94,364
$366,546
$638,727
Median Bloomington Market Value
$253,919
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 Bloomington, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12411 | $154,852 | $213,636 | $253,919 | $306,486 | $387,351 |
Source: Ownwell
Property Tax Bills Across Bloomington, Ulster County, New York
In Bloomington, Ulster County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value, combined with the local tax rate, determines the total tax bill. The median home price in Bloomington is $253,919, with property tax bills ranging significantly. Homeowners at the 25th percentile pay around $5,933, while those at the 75th percentile see bills of approximately $8,856. At the 90th percentile, tax bills can reach up to $11,170. This variance highlights the financial impact on homeowners, especially when compared to the national median property tax bill of $2,400.
Ownwell offers a solution by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value and market trends, Ownwell can identify potential savings, ensuring you’re not overpaying on your property tax bill. With their assistance, homeowners in Bloomington can potentially reduce their tax burden, aligning their payments more closely with the fair market value of their property.
Median Bloomington Tax Bill
$7,228
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 Bloomington, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12411 | $4,124 | $5,933 | $7,228 | $8,856 | $11,170 |
Source: Ownwell