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Sleepy Hollow, Westchester County, New York Property Taxes

  • Median SLEEPY HOLLOW, NY effective property tax rate: 2.56%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.

  • Median SLEEPY HOLLOW, NY home value: $722,311

  • Median annual SLEEPY HOLLOW, NY tax bill: $17,526, $15,126 higher than the national median property tax bill of $2,400.

How are property taxes in Westchester calculated?

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

Last Updated March 1, 2025

Sleepy Hollow, Westchester County, New York Property Tax Bill Calculator

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.56%

Estimate Property Tax Bill

$18,491

$17,159

SAVE WITH OWNWELL

$1,102

Average Tax Savings

Ownwell’s Sleepy Hollow Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sleepy Hollow with just two data points. By entering your property's estimated assessed value, our calculator applies Sleepy Hollow’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 more 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 Westchester. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sleepy Hollow, Westchester County, New York

Local government entities set tax rates, which can vary widely within a state. Why? 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 Sleepy Hollow’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S. Sleepy Hollow, located in Westchester County, has a median property tax rate of 2.56%, which is significantly higher than the national median of 1.02%. This means that homeowners in Sleepy Hollow face a considerably larger tax burden compared to many other parts of the country. Despite the higher rates, these taxes support essential local services, making it crucial for property owners to explore potential exemptions and appeals to manage their expenses effectively.

Property Tax Rates Across Sleepy Hollow, Westchester County, New York

Source: Ownwell

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0.34%

3.24%

6.14%

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 Sleepy Hollow Tax Rate

2.56%

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 Westchester County Tax Rate

2.29%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sleepy Hollow, Westchester County, New York

Zip10th Percentile25th PercentileMedian Tax Rate75th Percentile90th Percentile
105911.68%2.12%2.56%2.89%3.24%

Source: Ownwell

Property Tax Assessment Values Across Sleepy Hollow, Westchester County, New York

When examining property taxes in Sleepy Hollow, 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 Westchester 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. Assessment notices: In Westchester 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 Sleepy Hollow. For example, the median home price in Sleepy Hollow is $722,311, with tax bills ranging significantly across the county. Zip code 10591 has the highest median home price at $722,311.

Property Tax Assessment Values Across Sleepy Hollow, Westchester County, New York

Source: Ownwell

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$143,650

$852,438

$1,561,225

Median Sleepy Hollow Market Value

$722,311

Median Westchester County Market Value

$589,473

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sleepy Hollow, Westchester County, New York

Zip10th Percentile25th PercentileMedian Home Price75th Percentile90th Percentile
10591$401,284$518,994$722,311$976,458$1,176,779

Source: Ownwell

Property Tax Bills Across Sleepy Hollow, Westchester County, New York

In Sleepy Hollow, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. This process considers factors such as the home's market value, location, and any applicable exemptions. Sleepy Hollow homeowners face a significant property tax burden, with the median tax bill at $17,526, far exceeding the national median of $2,400. For some, the tax bill can reach as high as $30,681, placing a heavy financial strain on homeowners. Such high property taxes can impact homeowners' budgets and the overall affordability of living in the area. Ownwell provides a valuable service by helping homeowners appeal their property tax assessments and identify potential exemptions, potentially leading to significant savings. By leveraging their expertise, homeowners can ensure they are not overpaying and can alleviate some of the financial pressure associated with high property taxes in Sleepy Hollow.

Property Tax Bills Across Sleepy Hollow, Westchester County, New York

Source: Ownwell

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$739

$15,742

$30,745

Median Sleepy Hollow Tax Bill

$17,526

Median Westchester County Tax Bill

$12,812

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Sleepy Hollow, Westchester County, New York

Zip10th Percentile25th PercentileMedian Tax Bill75th Percentile90th Percentile
10591$8,228$12,424$17,526$24,512$30,681

Source: Ownwell

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