Charlotteville, Otsego County, New York Property Taxes
Median Charlottesville, NY effective property tax rate: 0.87%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Charlottesville, NY home value: $166,972
Median annual Charlottesville, NY tax bill: $1,448, $952 lower than the national median property tax bill of $2,400.
How are property taxes in Otsego calculated?
Property taxes in Charlottesville, 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 Charlottesville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Charlottesville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Charlotteville, Otsego County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.87%
Estimate Property Tax Bill
$1,453
$1,348
Property Tax Rates Across Charlotteville, Otsego County, New York
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual process of estimating its required budget for services and dividing that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws influence tax rates and budgets, this is essentially how the process works each year.
In Charlotteville, located in Otsego County, the effective property tax rate reflects this process. Compared to other cities in New York, Charlotteville's rate provides insight into how local governance impacts property tax obligations. The median property tax rate in New York is 0.87%, which is lower than the national median of 1.02%. This means that property owners in Charlotteville might benefit from a relatively lower tax burden compared to the national average. Understanding these dynamics can help property owners better navigate their tax responsibilities and potentially explore opportunities for appealing or reducing their property taxes.
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 Charlotteville Tax Rate
0.87%
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 Otsego County Tax Rate
1.90%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Charlotteville, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12036 | 0.83% | 0.86% | 0.87% | 0.88% | 1.24% |
Source: Ownwell
Property Tax Assessment Values Across Charlotteville, Otsego County, New York
When examining property taxes in Charlotteville, 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 Otsego 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 Otsego 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 Charlotteville. For example, the median home price in Charlotteville is $166,972, with tax bills ranging significantly across the county. Zip code 12036 has the highest median home price at $166,972.
Property Tax Assessment Values Across Charlotteville, Otsego County, New York
Source: Ownwell
$93,693
$202,252
$310,811
Median Charlotteville Market Value
$166,972
Median Otsego County Market Value
$162,338
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Charlotteville, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12036 | $54,403 | $116,972 | $166,972 | $241,242 | $321,101 |
Source: Ownwell
Property Tax Bills Across Charlotteville, Otsego County, New York
Median Charlotteville Tax Bill
$1,448
Median Otsego County Tax Bill
$3,172
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across Charlotteville, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12036 | $607 | $1,122 | $1,448 | $2,238 | $3,523 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Otsego Assessment Review Commission | |
| Website | otsegocountygis.mapxpress.net |