West Park, Ulster County, New York Property Taxes
Median WEST PARK, NY effective property tax rate: 2.69%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median WEST PARK, NY home value: $288,090
Median annual WEST PARK, NY tax bill: $7,018, $4,618 higher than the national median property tax bill of $2,400.
How are property taxes in Ulster calculated?
Property taxes in WEST 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 WEST PARK’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in WEST PARK, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
West Park, Ulster County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.69%
Estimate Property Tax Bill
$7,750
$7,191
Property Tax Rates Across West Park, 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 West Park’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
In West Park, within Ulster County, the property tax rate stands at 2.69%, which is significantly higher than the national median of 1.02%. This places a considerable tax burden on property owners in the area. Such a high rate can impact homeowners' financial planning and property affordability. It's essential for property owners in West Park to be aware of these rates and consider appealing their property taxes if they believe their assessed property values are inaccurate. Doing so could potentially lower their tax burden and provide some financial relief.
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 West Park Tax Rate
2.69%
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 West Park, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12493 | 2.46% | 2.67% | 2.69% | 2.69% | 2.69% |
Source: Ownwell
Property Tax Assessment Values Across West Park, Ulster County, New York
When examining property taxes in West 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 assessment office 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 West Park.
For example, the median home price in West Park is $288,090, with tax bills ranging significantly across the county. Zip code 12493 has the highest median home price at $288,090.
Property Tax Assessment Values Across West Park, Ulster County, New York
Source: Ownwell
$94,364
$366,546
$638,727
Median West Park Market Value
$288,090
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 West Park, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12493 | $166,653 | $210,629 | $288,090 | $514,239 | $1,122,857 |
Source: Ownwell
Property Tax Bills Across West Park, Ulster County, New York
Median West Park Tax Bill
$7,018
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 West Park, Ulster County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12493 | $4,326 | $5,615 | $7,018 | $11,390 | $26,542 |
Source: Ownwell