Adirondack, New York Property Taxes
The median property tax rate in Adirondack, NY is 1.06%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Adirondack, the typical annual property tax bill reaches $4,435, exceeding the national median of $2,690. Property taxes in Adirondack are calculated based on the assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Adirondack's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Adirondack or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Adirondack, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.06%
Estimate Property Tax Bill
$4,505
-$47,212
Ownwell’s Adirondack Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Adirondack with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Adirondack to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Warren County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Adirondack, New York
Property taxes in Adirondack, NY, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Adirondack is 1.06%, higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Adirondack set these rates annually, and they can vary significantly across different neighborhoods. Each year, Adirondack estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Adirondack's effective property tax rate to other counties in New York and the national median. For comparison, the 12808 zip code has the highest median property tax rate of 1.06%, while the same zip code also has the lowest median tax rate of 1.06%. Understanding how these areas compare with Adirondack provides valuable insights into the varying tax landscape across Warren County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Adirondack Tax Rate
1.06%
Average Warren County Tax Rate
1.79%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Adirondack, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12808 | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
Source: Ownwell
Property Tax Assessment Values Across Adirondack, New York
In Adirondack, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Warren County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Adirondack, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. For instance, the zip code 12808 has the highest and lowest median tax bill at $4,435. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Adirondack helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Adirondack Assessed Value
$425,000
Average Warren County Assessed Value
$215,800
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Adirondack, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12808 | $131,000 | $243,000 | $425,000 | $597,750 | $764,000 |
Source: Ownwell
Property Tax Bills Across Adirondack, New York
In Adirondack, located in Warren County, NY, property tax bills are calculated based on the assessed value of a home. This assessed value is a percentage of the market value, determined by local tax assessors. Homeowners in this area see a range of tax bills, influenced by various factors including property size, location, and improvements. For example, the median home price in Adirondack is $425,000. Tax bills in the 25th percentile are around $2,496, while those in the 75th percentile can reach up to $6,357. The top 10% of tax bills even go as high as $8,123. Compared to the national median property tax rate of 0.99%, the tax burden here can be significant. These property taxes fund essential community services such as schools, emergency services, and infrastructure. For homeowners, this means that while property taxes can be substantial, they contribute directly to the quality of life in Adirondack. The highest and lowest median tax bills in the area are both recorded at $4,435, reflecting a consistent valuation in the zip code 12808.
Average Adirondack Tax Bill
$4,435
Average Warren County Tax Bill
$4,027
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Adirondack, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12808 | $1,405 | $2,496 | $4,435 | $6,357 | $8,123 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Warren Assessment Review Commission | |
| Website | imo.warrencountyny.gov |