South New Berlin, Otsego County, New York Property Taxes
Median South New Berlin, NY effective property tax rate: 1.82%, significantly higher than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median South New Berlin, NY home value: $148,886
Median annual South New Berlin, NY tax bill: $2,848, $448 higher than the national median property tax bill of $2,400.
How are property taxes in Otsego calculated?
Property taxes in South New Berlin, 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 South New Berlin's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in South New Berlin, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
South New Berlin, Otsego County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.82%
Estimate Property Tax Bill
$2,710
$2,515
Property Tax Rates Across South New Berlin, Otsego County, New York
Local government entities are responsible for setting tax rates, which can vary widely within New York. This is because each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the annual process in a nutshell.
In South New Berlin, located in Otsego County, the property tax rate stands out when compared to other cities in New York. With a median property tax rate of 1.82%, it is significantly higher than the national median property tax rate of 1.02%. This means that property owners in South New Berlin are facing a higher tax burden compared to the national average. Despite this, the tax rate is consistent within the area, as both the highest and lowest median tax rates in the region are the same at 1.82%. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.
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 South New Berlin Tax Rate
1.82%
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 South New Berlin, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13843 | 1.40% | 1.68% | 1.82% | 2.09% | 2.93% |
Source: Ownwell
Property Tax Assessment Values Across South New Berlin, Otsego County, New York
When examining property taxes in South New Berlin, 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 South New Berlin. For example, the median home price in South New Berlin is $148,886, with tax bills ranging significantly across the county. Zip code 13843 has the highest median home price at $148,886.
Property Tax Assessment Values Across South New Berlin, Otsego County, New York
Source: Ownwell
$93,693
$202,252
$310,811
Median South New Berlin Market Value
$148,886
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 South New Berlin, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13843 | $51,666 | $95,106 | $148,886 | $220,787 | $291,243 |
Source: Ownwell
Property Tax Bills Across South New Berlin, Otsego County, New York
Median South New Berlin Tax Bill
$2,848
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 South New Berlin, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13843 | $958 | $1,764 | $2,848 | $4,191 | $5,489 |
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 |