Portlandville, Otsego County, New York Property Taxes
Median Portlandville, NY effective property tax rate: 1.75%, significantly higher than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Portlandville, NY home value: $131,410
Median annual Portlandville, NY tax bill: $2,235, $165 lower than the national median property tax bill of $2,400.
How are property taxes in Otsego calculated?
Property taxes in Portlandville, 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 Portlandville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Portlandville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Portlandville, Otsego County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.75%
Estimate Property Tax Bill
$2,300
$2,134
Property Tax Rates Across Portlandville, Otsego County, New York
Local government entities set property tax rates, which can vary significantly within New York. Each county estimates its budget to provide essential services and divides that by the total value of all taxable property in its jurisdiction, resulting in the property tax rate. While votes and laws influence these rates and budgets, this is the annual process in a nutshell.
In Portlandville, located in Otsego County, the effective property tax rate is 1.75%. This rate is higher than the national median property tax rate of 1.02%. When comparing Portlandville's rate to other cities in New York, it's essential to consider how these rates impact local services and community funding. The median property tax rate in New York is often higher than the national average, reflecting the state's commitment to funding public services and infrastructure. Understanding these differences can help property owners in Portlandville make informed decisions about property tax appeals and exemptions. By staying informed about local tax trends, residents can better navigate the complexities of property tax assessments and ensure they are paying a fair amount.
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 Portlandville Tax Rate
1.75%
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 Portlandville, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13834 | 1.41% | 1.71% | 1.75% | 1.78% | 2.06% |
Source: Ownwell
Property Tax Assessment Values Across Portlandville, Otsego County, New York
When examining property taxes in Portlandville, 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 Portlandville. For example, the median home price in Portlandville is $131,410, with tax bills ranging significantly across the county. Zip code 13834 has the highest median home price at $131,410.
Property Tax Assessment Values Across Portlandville, Otsego County, New York
Source: Ownwell
$93,693
$202,252
$310,811
Median Portlandville Market Value
$131,410
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 Portlandville, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13834 | $34,308 | $98,558 | $131,410 | $177,212 | $218,205 |
Source: Ownwell
Property Tax Bills Across Portlandville, Otsego County, New York
In Portlandville, located in Otsego County, NY, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in the area is $131,410, and property taxes are calculated by applying the local tax rate to the assessed value of the property. Homeowners in this region may face tax bills that range significantly, with the 25th percentile at $1,187 and the 90th percentile reaching $4,082. The median property tax bill is $2,235, which is slightly below the national median of $2,400.
This variability in tax bills can impact homeowners significantly, especially those whose properties are assessed at the higher end of the spectrum. Ownwell offers services to help homeowners reduce their property tax bills by appealing assessments that may be higher than the fair market value. By analyzing local market trends and providing expert guidance, Ownwell can assist homeowners in securing potential savings, ensuring they do not overpay on their property taxes.
Median Portlandville Tax Bill
$2,235
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 Portlandville, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13834 | $857 | $1,187 | $2,235 | $3,052 | $4,082 |
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 |