Athol, New York Property Taxes
The median property tax rate in Athol, NY is 2.22%, 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 Athol at $130,922, the typical annual property tax bill reaches $2,804, slightly exceeding the national median of $2,690. Property taxes in Athol are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Athol'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 Athol 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
Athol, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.22%
Estimate Property Tax Bill
$2,906
$2,874
Ownwell’s Athol Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Athol with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Athol 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 Athol, New York
Property taxes in Athol, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Athol is 2.22%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Athol set these rates annually, and they can vary significantly across different neighborhoods. Each year, Athol 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 Athol's effective property tax rate to other counties in New York and the national median. For comparison, the 12810 zip code has the highest median property tax rate of 2.22%, while the same zip code also has the lowest median tax rate of 2.22%. Understanding how these cities compare with Athol 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 Athol Tax Rate
2.22%
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 Athol, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12810 | 2.08% | 2.22% | 2.22% | 2.22% | 2.22% |
Source: Ownwell
Property Tax Assessment Values Across Athol, New York
In Athol, 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 Athol, 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. 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 Athol helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 12810, both standing at $2804.
Average Athol Assessed Value
$130,922
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 Athol, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12810 | $46,189 | $80,453 | $130,922 | $190,089 | $253,856 |
Source: Ownwell
Property Tax Bills Across Athol, New York
In Athol, located in Warren County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local tax assessor and reflects a percentage of the property's market value. For example, if a home has a median market price of $130,922, the tax bill is then calculated using the local tax rate applied to this assessed value. Several factors influence the tax bill, including property size, location, and any applicable exemptions or abatements. Homeowners in Athol might see tax bills ranging from $1,784 at the 25th percentile to as high as $5,521 at the 90th percentile, indicating a significant variation based on property characteristics and valuation. Compared to the national median property tax rate of 0.99%, Athol's tax rates reflect the local economic conditions and public service funding needs. These property taxes directly impact homeowners by contributing to essential services like schools, infrastructure, and emergency services, thus affecting the overall cost of homeownership in the area.
Average Athol Tax Bill
$2,804
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 Athol, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12810 | $1,039 | $1,784 | $2,804 | $4,108 | $5,521 |
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 |