Cleverdale, New York Property Taxes
The median property tax rate in Cleverdale, NY is 1.15%, 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 Cleverdale at $992,600, the typical annual property tax bill reaches $10,733, exceeding the national median of $2,690. Property taxes in Cleverdale are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Cleverdale'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 Cleverdale 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
Cleverdale, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.15%
Estimate Property Tax Bill
$11,415
$11,286
Ownwell’s Cleverdale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Cleverdale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Cleverdale 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Cleverdale, New York
Property taxes in Cleverdale, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Cleverdale is 1.15%, higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Cleverdale set these rates annually, and they can vary significantly across different neighborhoods. Each year, Cleverdale 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 Cleverdale's effective property tax rate to other areas in New York and the national median. For comparison, the zip code 12820 has the highest median property tax rate of 1.15%, while the same zip code also has the lowest median tax rate of 1.15%. Understanding how these cities compare with Cleverdale 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 Cleverdale Tax Rate
1.15%
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 Cleverdale, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12820 | 1.15% | 1.15% | 1.15% | 1.15% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Cleverdale, New York
In Cleverdale, 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 Cleverdale, 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 Cleverdale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 12820 has the highest median tax bill of $10,733, while the lowest is also in the same zip code.
Average Cleverdale Assessed Value
$992,600
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 Cleverdale, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12820 | $232,800 | $572,175 | $992,600 | $1,533,850 | $2,065,050 |
Source: Ownwell
Property Tax Bills Across Cleverdale, New York
In Cleverdale, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Cleverdale is $992,600, which significantly influences the property tax calculations. For example, homeowners in the 25th percentile can expect a tax bill around $5,628, while those in the 75th percentile face bills nearing $17,211. At the 90th percentile, tax bills can reach up to $23,823. These property tax bills are influenced by various factors, including the home's assessed value, local tax rates, and any applicable exemptions or deductions. Property taxes directly impact homeowners by contributing to the overall cost of owning a home, affecting affordability and long-term financial planning. Compared to the national median property tax rate of 0.99%, Cleverdale's rates reflect the higher property values and local tax policies in Warren County.
Average Cleverdale Tax Bill
$10,733
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 Cleverdale, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12820 | $2,159 | $5,628 | $10,733 | $17,211 | $23,823 |
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 |