Ruby, Ulster County, New York Property Taxes
Median Ruby, NY effective property tax rate: 3.06%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Ruby, NY home value: $212,182
Median annual Ruby, NY tax bill: $6,280, $3,880 higher than the national median property tax bill of $2,400.
How are property taxes in Ulster calculated?
Property taxes in Ruby, 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 Ruby’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Ruby, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Ruby, Ulster County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.06%
Estimate Property Tax Bill
$6,493
$6,025
Property Tax Rates Across Ruby, Ulster County, New York
Local government entities are responsible for setting tax rates, and these can differ significantly within a state. This variation stems from each county annually estimating its necessary budget to provide essential services, which is then divided by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is essentially the yearly process.
In Ruby, located in Ulster County, New York, the effective property tax rate stands at 3.06%. This rate is notably higher when compared to the national median property tax rate of 1.02% and the national median property tax bill of $2,400. The property tax rate in Ruby is also the highest in the state, emphasizing the significant variance in property tax rates even within New York. Understanding these differences can be crucial for homeowners and prospective buyers when considering property investments in this region.
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 Ruby Tax Rate
3.06%
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 Ruby, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12475 | 2.94% | 3.06% | 3.06% | 3.06% | 3.06% |
Source: Ownwell
Property Tax Assessment Values Across Ruby, Ulster County, New York
When examining property taxes in Ruby, 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 Ruby.
For example, the median home price in Ruby is $212,182, with tax bills ranging significantly across the county. Zip code 12475 has the highest median home price at $212,182.
Property Tax Assessment Values Across Ruby, Ulster County, New York
Source: Ownwell
$94,364
$366,546
$638,727
Median Ruby Market Value
$212,182
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 Ruby, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12475 | $101,746 | $154,545 | $212,182 | $320,932 | $418,255 |
Source: Ownwell
Property Tax Bills Across Ruby, Ulster County, New York
In Ruby, located in Ulster County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local tax rate to determine the tax bill. The median home price in Ruby is $212,182, and property taxes can vary significantly. For instance, the 25th percentile tax bill is $4,587, while the 75th percentile reaches $9,448, and the 90th percentile climbs to $12,654. These figures are notably higher than the national median property tax bill of $2,400. Such high tax bills can place a significant financial burden on homeowners.
Ownwell offers a solution for homeowners seeking to reduce their property tax bills. By providing expert property tax appeal and exemption services, Ownwell helps homeowners ensure their property is fairly assessed, potentially leading to substantial savings. With Ownwell's assistance, homeowners in Ruby can navigate the complexities of property tax assessments and appeals, alleviating the financial strain of high property taxes.
Median Ruby Tax Bill
$6,280
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 Ruby, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12475 | $2,464 | $4,587 | $6,280 | $9,448 | $12,654 |
Source: Ownwell