Hyde Park, Dutchess County, New York Property Taxes
Property Taxes in Hyde Park, New York
Median Hyde Park, New York effective property tax rate: 2.41%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Hyde Park, New York home value: $311,700
Median annual Hyde Park, New York tax bill: $7,720, higher than the national median property tax bill of $2,400.
How are property taxes in Dutchess calculated?
Property taxes in Hyde Park, New York 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 Hyde Park's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hyde Park, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Hyde Park, Dutchess County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.41%
Estimate Property Tax Bill
$7,512
$6,971
How Does the Hyde Park Property Tax Calculator Work?
Use this Hyde Park property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hyde Park's median effective tax rate of 2.41% — based on actual property records in Dutchess County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hyde Park's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Hyde Park: rates range from 2.41% in 12538 to 2.41% in 12538, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hyde Park.
About Hyde Park Property Taxes
About Property Taxes in Hyde Park, Dutchess, New York
Hyde Park’s median effective property tax rate of 2.41% is higher than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Dutchess County base levy combined with local school district levies and special district levies that vary by subdivision throughout the city.
Property tax rates are not uniform across Hyde Park. Homeowners in the 12538 ZIP code carry a median effective rate of 2.41%, while those in the same ZIP code pay 2.41%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Dutchess County. Understanding which part of Hyde Park you live in can make a meaningful difference to your annual tax bill.
Hyde Park homeowners who believe their assessed value is too high can file a formal appeal with the Assessment Review Commission before the May 26, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Hyde Park, Dutchess County, New York
As noted earlier, 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 Hyde Park's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
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 Hyde Park Tax Rate
2.41%
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 Dutchess County Tax Rate
2.68%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hyde Park, Dutchess County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12538 | 2.34% | 2.38% | 2.41% | 2.51% | 2.82% |
Source: Ownwell
Property Tax Assessment Values Across Hyde Park, Dutchess County, New York
When examining property taxes in Hyde Park, New York, 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 Dutchess 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 Dutchess County, assessment notices are sent in May 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 Hyde Park.
For example, the median home price in Hyde Park is $311,700, with tax bills ranging significantly across the county. 12538 has the highest median home price at $311,700.
Property Tax Assessment Values Across Hyde Park, Dutchess County, New York
Source: Ownwell
$116,700
$305,400
$494,100
Median Hyde Park Market Value
$311,700
Median Dutchess County Market Value
$359,500
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hyde Park, Dutchess County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12538 | $83,400 | $258,300 | $311,700 | $378,550 | $480,500 |
Source: Ownwell
Property Tax Bills Across Hyde Park, Dutchess County, New York
Property tax bills in Hyde Park are calculated by applying the local tax rate to a home’s assessed value, which is based on the property’s market value and local assessment practices. For homeowners, the bill is shaped by both the value of the home and the tax rates set by local taxing authorities, so two similar homes can still receive different bills if their assessed values differ.
With a median home price of $311,700, property taxes in Hyde Park are substantial. The median tax bill is $7,720, and bills can vary widely across the area, with the 25th percentile at $6,319 and the 75th percentile at $9,437. At the high end, the 90th percentile reaches $11,798.
Compared with the national median property tax bill of $2,400, Hyde Park homeowners typically pay much more, making property taxes a major part of the cost of owning a home in the city.
Median Hyde Park Tax Bill
$7,720
Median Dutchess County Tax Bill
$10,136
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across Hyde Park, Dutchess County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12538 | $3,563 | $6,319 | $7,720 | $9,437 | $11,798 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Dutchess Assessment Review Commission | |
| Website | gis.dutchessny.gov |