West Edmeston, Otsego County, New York Property Taxes
Median West Edmeston, NY effective property tax rate: 1.48%, significantly higher than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median West Edmeston, NY home value: $119,200
Median annual West Edmeston, NY tax bill: $1,382, $1,018 lower than the national median property tax bill of $2,400.
How are property taxes in Otsego calculated?
Property taxes in West Edmeston, 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 West Edmeston's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in West Edmeston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
West Edmeston, Otsego County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.48%
Estimate Property Tax Bill
$1,764
$1,637
Property Tax Rates Across West Edmeston, Otsego County, New York
Local government entities set tax rates, which often vary widely within a state. This variation stems from the fact that each county, including Otsego, annually estimates its budgetary needs to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In West Edmeston, located in Otsego County, the effective property tax rate is notably higher than the national median of 1.02%. When compared to other cities in New York, West Edmeston's rate stands out as one of the highest. The median property tax rate in West Edmeston is 1.48%, which is significantly above the national median, reflecting the county's higher-than-average property tax rates. This can impact homeowners significantly, as their property tax bills are likely to be higher than the national median of $2400. Understanding these local variations can help property owners make informed decisions and potentially seek property tax appeal services.
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 West Edmeston Tax Rate
1.48%
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 West Edmeston, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13485 | 0.68% | 0.70% | 1.48% | 1.78% | 2.47% |
Source: Ownwell
Property Tax Assessment Values Across West Edmeston, Otsego County, New York
When examining property taxes in West Edmeston, 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.
Assessment notices:
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 West Edmeston.
For example, the median home price in West Edmeston is $119,200, with tax bills ranging significantly across the county. Zip code 13485 has the highest median home price at $119,200.
Property Tax Assessment Values Across West Edmeston, Otsego County, New York
Source: Ownwell
$93,693
$202,252
$310,811
Median West Edmeston Market Value
$119,200
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 West Edmeston, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13485 | $34,030 | $63,702 | $119,200 | $167,300 | $252,680 |
Source: Ownwell
Property Tax Bills Across West Edmeston, Otsego County, New York
Median West Edmeston Tax Bill
$1,382
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 West Edmeston, Otsego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13485 | $396 | $881 | $1,382 | $2,283 | $3,451 |
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 |