Phoenicia, Ulster County, New York Property Taxes

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

Median Phoenicia, NY effective property tax rate: 1.71%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Phoenicia, NY home value: $203,243
Median annual Phoenicia, NY tax bill: $3,473, $1,073 higher than the national median property tax bill of $2,400.

How are property taxes in Ulster calculated?

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

Last Updated March 1, 2025

Phoenicia, Ulster County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.71%

Estimate Property Tax Bill

$3,475

$3,225

Ownwell’s Phoenicia Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Phoenicia with just two data points. By entering your property's estimated assessed value, our calculator applies Phoenicia’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Ulster 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 Phoenicia, Ulster County, New York

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Phoenicia’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.

Phoenicia, located in Ulster County, has a median property tax rate of 1.71%, which is significantly higher than the national median property tax rate of 1.02%. This rate is consistent across the county, making it both the highest and lowest in the area. Compared to the national median property tax bill of $2,400, property owners in Phoenicia may find themselves paying more due to the higher tax rate. Understanding these rates can help property owners make informed decisions when it comes to appealing or seeking exemptions.

Property Tax Rates Across Phoenicia, 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 Phoenicia Tax Rate

1.71%

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 Phoenicia, Ulster County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12464	1.71%	1.71%	1.71%	1.82%	1.82%

Source: Ownwell

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

When examining property taxes in Phoenicia, 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 Phoenicia. For example, the median home price in Phoenicia is $203,243, with tax bills ranging significantly across the county. 12464 has the highest median home price at $203,243.

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

Source: Ownwell

$94,364

$366,546

$638,727

Median Phoenicia Market Value

$203,243

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 Phoenicia, Ulster County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12464	$97,406	$141,081	$203,243	$278,919	$378,054

Source: Ownwell

Property Tax Bills Across Phoenicia, Ulster County, New York

In Phoenicia, NY, property tax bills are calculated based on the assessed value of a home in relation to the local tax rate. The assessed value is determined by the local assessor and reflects a percentage of the home's market value. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. In Ulster County, where Phoenicia is located, the median property tax bill is $3,473, significantly higher than the national median of $2,400. This discrepancy highlights the financial burden on homeowners in the area. Factors influencing tax bills include property size, location, and any improvements made to the property. High property taxes can strain homeowners, making it crucial to explore ways to reduce these costs. Ownwell offers property tax appeal and exemption services to help homeowners potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in Phoenicia in saving money and reducing their financial burden.

Property Tax Bills Across Phoenicia, Ulster County, New York

Source: Ownwell

$1,547

$7,282

$13,016

Median Phoenicia Tax Bill

$3,473

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 Phoenicia, Ulster County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12464	$1,642	$2,390	$3,473	$4,821	$6,452

Source: Ownwell