East Springfield, Otsego County, New York Property Taxes

Name: Property Tax Bills Across East Springfield, Otsego County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median East Springfield, NY effective property tax rate: 1.41%, significantly higher than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median East Springfield, NY home value: $158,497
Median annual East Springfield, NY tax bill: $2,261, $139 lower than the national median property tax bill of $2,400.

How are property taxes in Otsego calculated?

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

Last Updated March 1, 2025

East Springfield, Otsego County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.41%

Estimate Property Tax Bill

$2,235

$2,074

Ownwell’s East Springfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in East Springfield with just two data points.

By entering your property's estimated assessed value, our calculator applies East Springfield’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 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 Otsego County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across East Springfield, Otsego 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 East Springfield’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.

East Springfield, located in Otsego County, has a property tax rate that is higher than the national median rate of 1.02%. In fact, New York's median property tax rate stands at 1.41%, which is also higher than the national average. This means that property owners in East Springfield, and more broadly in Otsego County, may find themselves paying more in property taxes compared to many other regions across the country. Understanding these rates can help property owners make informed decisions when it comes to appealing their property taxes or seeking exemptions.

Property Tax Rates Across East Springfield, Otsego County, New York

Source: Ownwell

0.67%

1.57%

2.47%

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 East Springfield Tax Rate

1.41%

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 East Springfield, Otsego County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13333	1.11%	1.22%	1.41%	1.43%	2.45%

Source: Ownwell

Property Tax Assessment Values Across East Springfield, Otsego County, New York

When examining property taxes in East Springfield, 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 March. 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 East Springfield. For example, the median home price in East Springfield is $158,497, with tax bills ranging significantly across the county. Zip code 13333 has the highest median home price at $158,497.

Property Tax Assessment Values Across East Springfield, Otsego County, New York

Source: Ownwell

$93,693

$202,252

$310,811

Median East Springfield Market Value

$158,497

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 East Springfield, Otsego County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13333	$40,957	$95,464	$158,497	$228,107	$338,400

Source: Ownwell

Property Tax Bills Across East Springfield, Otsego County, New York

In East Springfield, Otsego County, NY, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value, leading to variations in tax bills. For instance, while the 25th percentile tax bill is $1,151, the 75th percentile reaches $3,322, and the 90th percentile goes up to $5,696. Compared to the national median property tax bill of $2,400, East Springfield's bills can vary significantly. Homeowners often find these tax bills burdensome, especially when they exceed the national median. This is where Ownwell can help. By providing expert property tax appeal services, Ownwell assists homeowners in challenging their assessments, potentially lowering their tax bills. This service ensures that homeowners pay a fair amount, aligning their tax obligations more closely with their property's true market value.

Property Tax Bills Across East Springfield, Otsego County, New York

Source: Ownwell

$881

$2,702

$4,522

Median East Springfield Tax Bill

$2,261

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 East Springfield, Otsego County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13333	$597	$1,151	$2,261	$3,322	$5,696

Source: Ownwell

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Dates

Links
Otsego Assessment Review Commission
Website	otsegocountygis.mapxpress.net