T O Highlands, Orange County, New York Property Taxes
Median T O Highlands, NY effective property tax rate: 2.17%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median T O Highlands, NY home value: $177,550
Median annual T O Highlands, NY tax bill: $3,969, $1,569 higher than the national median property tax bill of $2,400.
How are property taxes in Orange calculated?
Property taxes in T O Highlands, 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 T O Highlands's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in T O Highlands, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
T O Highlands, Orange County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.17%
Estimate Property Tax Bill
$3,853
$3,575
Property Tax Rates Across T O Highlands, Orange County, New York
Local government entities are responsible for setting property tax rates, which can significantly differ within a state. Each year, counties estimate the budget needed to provide essential services and divide this by the total value of all taxable properties in their area. This calculation determines the property tax rate. Despite the involvement of votes and legislation in setting these rates and budgets, this is essentially the process followed annually.
In T O Highlands, located in Orange County, NY, the effective property tax rate is a reflection of this process. The rate here is notably higher compared to the national median property tax rate of 1.02%. This difference highlights how property tax rates can vary significantly even within the same state. Comparing T O Highlands' rate to other cities in New York, as well as the national average, provides valuable insight into how local government decisions impact property owners. Understanding these differences can help property owners make informed decisions about property investments and financial planning.
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 T O Highlands Tax Rate
2.17%
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 Orange County Tax Rate
2.38%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across T O Highlands, Orange County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Assessment Values Across T O Highlands, Orange County, New York
When examining property taxes in T O HIGHLANDS, 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 Orange 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 Orange County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 T O HIGHLANDS. For example, the median home price in T O HIGHLANDS is $177,550, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across T O Highlands, Orange County, New York
Source: Ownwell
$154,900
$359,450
$564,000
Median T O Highlands Market Value
$177,550
Median Orange County Market Value
$322,400
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across T O Highlands, Orange County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Property Tax Bills Across T O Highlands, Orange County, New York
In the Town of Highlands, located in Orange County, NY, property tax bills are determined based on the assessed value of a home and the local tax rate. Homeowners here face a substantial property tax burden, with the tax bill at the 25th percentile being $1,168, which is below the national median property tax bill of $2,400. However, at the 75th percentile, the tax bill jumps to $5,609, significantly exceeding the national median, reflecting the varying property values and tax rates in the area. The tax bill at the 90th percentile soars to $8,994, indicating a high tax burden for some homeowners.
Factors such as changes in property market value, local government budgets, and exemptions all influence the final tax bill. Homeowners in this region can benefit from Ownwell's expertise in property tax appeals and exemptions. Ownwell helps ensure that homes are fairly assessed, potentially reducing property tax bills. By leveraging local knowledge and experience, Ownwell can assist homeowners in navigating the complexities of property taxation, ultimately helping them save money.
Median T O Highlands Tax Bill
$3,969
Median Orange County Tax Bill
$8,003
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across T O Highlands, Orange County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Orange Assessment Review Commission | |
| Website | gis.orangecountygov.com |