Dale, New York Property Taxes
The median property tax rate in Dale, NY is 3.46%, 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 Dale at $132,000, the typical annual property tax bill reaches $4,319, exceeding the national median of $2,690. Property taxes in Dale 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 Dale'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 Dale 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
Dale, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.46%
Estimate Property Tax Bill
$4,567
$4,238
Ownwell’s Dale Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dale with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dale 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 Dale, New York
Property taxes in Dale, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dale is 3.46%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Dale set these rates annually, and they can vary notably across different neighborhoods. Each year, Dale 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 Dale's effective property tax rate to other counties in New York and the national median. For comparison, the zip code 14039 has both the highest and lowest median property tax rate of 3.46%. Understanding how these cities compare with Dale provides valuable insights into the varying tax landscape across Wyoming County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dale Tax Rate
3.46%
Average Wyoming County Tax Rate
2.98%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dale, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14039 | 3.20% | 3.38% | 3.46% | 3.53% | 3.69% |
Source: Ownwell
Property Tax Assessment Values Across Dale, New York
In Dale, 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 Wyoming 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 Dale, 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 Dale helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest median tax bill in Dale is $4319 in zip code 14039, while the lowest median tax bill is also $4319 in the same zip code.
Average Dale Assessed Value
$132,000
Average Wyoming County Assessed Value
$124,000
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dale, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14039 | $59,120 | $85,100 | $132,000 | $162,500 | $202,640 |
Source: Ownwell
Property Tax Bills Across Dale, New York
Property tax bills in Dale, Wyoming County, NY, are calculated based on the assessed value of a property, which is determined by local assessors. The assessed value is a percentage of the market value, reflecting the property's worth in the current real estate market. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the tax bill, including property size, location, and any improvements made to the property. In Dale, homeowners can expect a range of tax bills depending on their property's value. For instance, the tax bill at the 25th percentile is $2,735, while at the 75th percentile, it rises to $5,167. The 90th percentile sees tax bills as high as $6,809. Comparatively, the median property tax rate nationally is 0.99%, making Dale's tax rates significant. These property taxes fund essential local services, impacting the quality of education, infrastructure, and public safety in the community.
Average Dale Tax Bill
$4,319
Average Wyoming County Tax Bill
$3,932
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Dale, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14039 | $946 | $2,735 | $4,319 | $5,167 | $6,809 |
Source: Ownwell