Grahamsville, Ulster County, New York Property Taxes

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

Median Grahamsville, NY effective property tax rate: 2.47%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Grahamsville, NY home value: $122,374
Median annual Grahamsville, NY tax bill: $2,944, $544 higher than the national median property tax bill of $2,400.

How are property taxes in Ulster calculated?

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

Last Updated March 1, 2025

Grahamsville, Ulster County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.47%

Estimate Property Tax Bill

$3,023

$2,805

Ownwell’s Grahamsville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Grahamsville with just two data points. By entering your property's estimated assessed value, our calculator applies Grahamsville’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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Grahamsville, Ulster County, New York

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variance is due to each county's annual process of estimating its required budget to provide services and then dividing that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although setting tax rates and budgets involves votes and laws, this is the basic annual process.

In Grahamsville, located in Ulster County, NY, the effective property tax rate is notably higher than the national median. When comparing Grahamsville’s effective property tax rate to other cities in New York and the median property tax rates in both New York and the U.S., it's evident that property owners in Grahamsville face a higher tax burden. With a median property tax rate of 2.47%, Grahamsville stands out in New York, where the rates can be quite varied across different regions. This rate is significantly above the national median property tax rate of 1.02%, highlighting the importance of understanding local tax obligations and seeking potential appeal and exemption opportunities to alleviate the financial impact on property owners.

Property Tax Rates Across Grahamsville, Ulster County, New York

Source: Ownwell

1.52%

2.80%

4.08%

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 Grahamsville Tax Rate

2.47%

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 Grahamsville, Ulster County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12740	2.37%	2.47%	2.47%	2.47%	2.69%

Source: Ownwell

Property Tax Assessment Values Across Grahamsville, Ulster County, New York

When examining property taxes in Grahamsville, 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 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 Grahamsville. For example, the median home price in Grahamsville is $122,374, with tax bills ranging significantly across the county. Zip code 12740 has the highest median home price at $122,374.

Property Tax Assessment Values Across Grahamsville, Ulster County, New York

Source: Ownwell

$94,364

$366,546

$638,727

Median Grahamsville Market Value

$122,374

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 Grahamsville, Ulster County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12740	$45,122	$70,244	$122,374	$180,673	$245,993

Source: Ownwell

Property Tax Bills Across Grahamsville, Ulster County, New York

In Grahamsville, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in Grahamsville is $122,374, and the median property tax bill in Ulster County is $2,944. This is above the national median property tax bill of $2,400. Homeowners in Grahamsville may find themselves with tax bills ranging from $1,670 at the 25th percentile to $6,075 at the 90th percentile, indicating a wide disparity based on property values and other factors such as exemptions and local levies. Ownwell can assist homeowners by reviewing their property tax assessments and identifying opportunities for appeals or exemptions. By leveraging expert knowledge and experience, Ownwell helps homeowners potentially lower their assessed values and, consequently, their tax bills, offering significant savings and peace of mind.

Property Tax Bills Across Grahamsville, Ulster County, New York

Source: Ownwell

$1,547

$7,282

$13,016

Median Grahamsville Tax Bill

$2,944

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 Grahamsville, Ulster County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12740	$1,065	$1,670	$2,944	$4,354	$6,075

Source: Ownwell