Valley Falls, Washington County, New York Property Taxes

Name: Property Tax Bills Across Valley Falls, Washington County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Valley Falls, NY effective property tax rate: 2.50%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Valley Falls, NY home value: $280,000
Median annual Valley Falls, NY tax bill: $6,741, $4,341 higher than the national median property tax bill of $2,400.

How are property taxes in Washington County calculated?

Property taxes in Valley Falls, 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 Valley Falls’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Valley Falls, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Valley Falls, Washington County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.5%

Estimate Property Tax Bill

$7,000

$6,496

Ownwell’s Valley Falls Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Valley Falls with just two data points.

By entering your property's estimated assessed value, our calculator applies Valley Falls’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Washington.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Valley Falls, Washington County, New York

Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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 votes and laws play a role in setting tax rates and budgets, in a nutshell, this is the annual process. In Valley Falls, Washington County, NY, the effective property tax rate stands at 2.50%. This rate is notably higher than the national median property tax rate of 1.02%, reflecting the local government's budget requirements and property values. The property tax rate in Valley Falls is on par with the highest and lowest median tax rates in the area, both being 2.50%, indicating a consistent approach to taxation within the county. Comparing Valley Falls' tax rate to the national median highlights the significance of understanding local tax dynamics, which can have a substantial impact on property owners.

Property Tax Rates Across Valley Falls, Washington County, New York

Source: Ownwell

1.34%

2.15%

2.96%

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 Valley Falls Tax Rate

2.50%

Median Effective Washington County Tax Rate

2.41%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Valley Falls, Washington County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12185	2.12%	2.33%	2.50%	2.50%	2.50%

Source: Ownwell

Property Tax Assessment Values Across Valley Falls, Washington County, New York

When examining property taxes in Valley Falls, 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 Washington 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 Washington 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 Valley Falls.

For example, the median home price in Valley Falls is $280,000, with tax bills ranging significantly across the county. Zip code 12185 has the highest median home price at $275,000.

Property Tax Assessment Values Across Valley Falls, Washington County, New York

Source: Ownwell

$96,720

$606,110

$1,115,500

Median Valley Falls Market Value

$280,000

Median Washington County Market Value

$158,585

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Valley Falls, Washington County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12185	$171,000	$210,000	$275,000	$355,000	$493,422

Source: Ownwell

Property Tax Bills Across Valley Falls, Washington County, New York

In Valley Falls, located in Washington County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessment considers factors such as property size, location, and market conditions. Homeowners in Valley Falls face property tax bills that can vary significantly, with the 25th percentile at $5,202 and the 75th percentile reaching $8,287. The national median property tax bill is $2,400, highlighting the relatively high tax burden in this region.

For homeowners, these taxes can represent a significant financial obligation. However, Ownwell offers valuable services to help reduce this burden. By providing expert property tax appeal and exemption services, Ownwell assists homeowners in potentially lowering their assessed values, which can lead to decreased tax bills. With their guidance, homeowners can navigate the complexities of property tax assessments and identify opportunities for savings. Engaging Ownwell's services could lead to substantial tax savings, easing the financial strain on Valley Falls residents.

Property Tax Bills Across Valley Falls, Washington County, New York

Source: Ownwell

$2,402

$8,691

$14,980

Median Valley Falls Tax Bill

$6,741

Median Washington County Tax Bill

$3,943

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Valley Falls, Washington County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12185	$3,972	$5,202	$6,741	$8,287	$11,270

Source: Ownwell