Greenfield Park, Ulster County, New York Property Taxes
Median Greenfield Park, NY effective property tax rate: 2.79%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Greenfield Park, NY home value: $168,148
Median annual Greenfield Park, NY tax bill: $4,586, $2,186 higher than the national median property tax bill of $2,400.
How are property taxes in Ulster calculated?
Property taxes in Greenfield Park, 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 Greenfield Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Greenfield Park, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Greenfield Park, Ulster County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.79%
Estimate Property Tax Bill
$4,691
$4,353
Property Tax Rates Across Greenfield Park, Ulster 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, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Greenfield Park, located in Ulster County, NY, property owners experience a notable property tax rate compared to other cities in the state. With a median property tax rate of 2.79%, Greenfield Park's rate stands out against the national median of 1.02%. This means that property owners in Greenfield Park are contributing a higher percentage of their property's assessed value towards taxes compared to the national average. The state's median property tax rate is also 2.79%, indicating that Greenfield Park aligns with the state average, though it remains significantly higher than the national median. For property owners, understanding these figures is crucial for financial planning and exploring potential property tax appeals or 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 Greenfield Park Tax Rate
2.79%
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 Greenfield Park, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12435 | 2.73% | 2.79% | 2.79% | 2.79% | 2.79% |
Source: Ownwell
Property Tax Assessment Values Across Greenfield Park, Ulster County, New York
When examining property taxes in Greenfield Park, 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 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 Greenfield Park.
For example, the median home price in Greenfield Park is $168,148, with tax bills ranging significantly across the county. Zip code 12435 has the highest median home price at $168,148.
Property Tax Assessment Values Across Greenfield Park, Ulster County, New York
Source: Ownwell
$94,364
$366,546
$638,727
Median Greenfield Park Market Value
$168,148
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 Greenfield Park, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12435 | $55,556 | $95,679 | $168,148 | $251,975 | $313,333 |
Source: Ownwell
Property Tax Bills Across Greenfield Park, Ulster County, New York
Property Tax Bills Across Greenfield Park, Ulster County, New York
Source: Ownwell
$1,547
$7,282
$13,016
Median Greenfield Park Tax Bill
$4,586
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 Greenfield Park, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12435 | $1,550 | $2,669 | $4,586 | $7,029 | $8,741 |
Source: Ownwell