Putnam County, New York Property Taxes
Property Taxes in Putnam County, New York
Median Putnam County effective property tax rate: 2.86%, significantly higher than the national median of 1.02%.
Median Putnam County home value: $430,100
Median annual Putnam County tax bill: $12,265, $9,865 higher than the national median property tax bill of $2,400.
How are property taxes in Putnam County calculated?
Property taxes in Putnam County 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 your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Putnam or another part of Putnam County, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Putnam County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.86%
Estimate Property Tax Bill
$12,301
$11,415
How Does the Putnam County Property Tax Calculator Work?
Use this Putnam County property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Putnam County's median effective tax rate of 2.86% to generate your estimate.
Enter your property's estimated assessed value — the figure the assessment office assigns for tax purposes, which is typically lower than market value after applicable exemptions. Our calculator uses the median effective rate for a more accurate estimate than the statutory millage rate alone.
Your actual bill may vary based on your specific exemptions, local school district levies, and any special assessment districts that apply to your property. Putnam County’s median effective tax rate is higher than the 1.90% state median and well above the 1.02% national median. The median property tax bill is $12,265, which is higher than the state median by $9,865.
For a more precise estimate, scroll down to explore city and ZIP code-level tax rate trends across Putnam County.
Property Tax Rates Across Putnam County, New York
What Are Effective Property Tax Rates Across Putnam County?
Local government entities set tax rates, which vary widely across Putnam County. Each year, the county estimates its budget for public services and divides that total by the assessed value of all taxable property within its jurisdiction.
Below, compare Putnam County's effective property tax rate to other counties in New York or the U.S. median of 1.02%.
Putnam County's median effective rate stands at 2.86%, which is higher than the national median of 1.02%. Within Putnam County, the highest rate is found in PATTERSON at 3.31%, while PHILIPSTOWN has the lowest at 1.45%.
These variations reflect differences in local school district levies, special district levies assessments, and special district bonds — which compound the base county rate.
Our median effective property tax rate (tax bill Ă· 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 Putnam County Tax Rate
2.86%
Our median effective property tax rate (tax bill Ă· 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 New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Putnam County, New York
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brewster | 2.43% | 2.48% | 2.51% | 2.55% | 3.34% |
| Carmel | 2.80% | 3.02% | 3.17% | 3.48% | 3.48% |
| Cold Spring | 2.01% | 2.22% | 2.23% | 2.94% | 2.94% |
| Garrison | 1.45% | 1.45% | 1.45% | 2.57% | 2.57% |
| Holmes | 2.91% | 2.99% | 3.16% | 3.16% | 3.16% |
| Hopewell Junction | 2.63% | 3.17% | 3.17% | 3.17% | 3.17% |
| Kent | 3.16% | 3.16% | 3.16% | 3.22% | 3.48% |
| Lake Peekskill | 3.08% | 3.17% | 3.17% | 3.17% | 3.17% |
| Mahopac | 2.75% | 2.80% | 2.84% | 2.95% | 3.11% |
| Patterson | 2.94% | 2.99% | 3.31% | 3.41% | 3.48% |
| Philipstown | 1.45% | 1.45% | 1.45% | 2.21% | 2.93% |
| Putnam Valley | 2.60% | 2.81% | 2.81% | 2.89% | 3.03% |
| Shrub Oak | 0.70% | 2.38% | 2.57% | 2.57% | 2.57% |
| Stormville | 3.07% | 3.16% | 3.16% | 3.17% | 3.17% |
| Cortlandt Manor | N/A | N/A | N/A | N/A | N/A |
| Fishkill | N/A | N/A | N/A | N/A | N/A |
| Kent Lakes | N/A | N/A | N/A | N/A | N/A |
| Mahopac Falls | N/A | N/A | N/A | N/A | N/A |
| New York | N/A | N/A | N/A | N/A | N/A |
| North Salem | N/A | N/A | N/A | N/A | N/A |
| Pawling | N/A | N/A | N/A | N/A | N/A |
| Rye Brook | N/A | N/A | N/A | N/A | N/A |
| Yonkers | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Putnam County, New York
When examining property taxes in Putnam County, 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 Putnam County assessor 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 Putnam 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 Putnam County.
For example, the median tax bill in Putnam County is $12,265, with tax bills ranging significantly across the county. Philipstown has the highest median home price at $780,806.
Property Tax Assessment Values Across Putnam County, New York
Source: Ownwell
$225,291
$503,049
$780,806
Median Putnam County Market Value
$430,100
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Putnam County, New York
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brewster | $220,000 | $317,900 | $413,650 | $540,375 | $713,120 |
| Carmel | $187,907 | $283,430 | $375,000 | $482,413 | $640,838 |
| Cold Spring | $239,067 | $409,568 | $525,270 | $684,057 | $914,104 |
| Garrison | $370,954 | $429,798 | $583,965 | $937,172 | $1,304,245 |
| Holmes | $309,375 | $360,726 | $446,646 | $602,580 | $697,674 |
| Hopewell Junction | $337,107 | $384,012 | $486,192 | $619,222 | $944,767 |
| Kent | $11,773 | $25,000 | $225,291 | $592,096 | $806,686 |
| Lake Peekskill | $236,560 | $271,900 | $314,250 | $373,850 | $431,740 |
| Mahopac | $245,980 | $382,450 | $474,900 | $557,200 | $687,500 |
| Patterson | $140,470 | $258,000 | $338,250 | $460,000 | $592,620 |
| Philipstown | $181,033 | $447,019 | $780,806 | $1,420,784 | $3,079,103 |
| Putnam Valley | $262,840 | $369,800 | $465,100 | $574,200 | $720,360 |
| Shrub Oak | $395,900 | $419,800 | $515,600 | $729,600 | $1,279,300 |
| Stormville | $321,715 | $385,174 | $498,692 | $612,645 | $760,639 |
| Cortlandt Manor | N/A | N/A | N/A | N/A | N/A |
| Fishkill | N/A | N/A | N/A | N/A | N/A |
| Kent Lakes | N/A | N/A | N/A | N/A | N/A |
| Mahopac Falls | N/A | N/A | N/A | N/A | N/A |
| New York | N/A | N/A | N/A | N/A | N/A |
| North Salem | N/A | N/A | N/A | N/A | N/A |
| Pawling | N/A | N/A | N/A | N/A | N/A |
| Rye Brook | N/A | N/A | N/A | N/A | N/A |
| Yonkers | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Putnam County, New York
Property tax bills in Putnam County are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property’s market value rises, the assessed value can rise as well, which can increase the bill if the tax rate stays the same. Homeowners in the county should also expect differences based on location, since tax bills can vary by town and neighborhood.
The typical home value in Putnam County is $430,100, and that helps explain why bills are often high compared with the national median property tax bill of $2,400. The county’s tax bills are much higher than that benchmark, with the 25th percentile at $9,368 and the 75th percentile at $15,416. At the high end, the 90th percentile reaches $19,566, while the lowest median tax bill is $9,821 in Lake Peekskill and the highest median tax bill is $15,790 in Stormville.
Median Putnam County Tax Bill
$12,265
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across Putnam County, New York
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Brewster | $5,887 | $8,384 | $10,983 | $14,154 | $18,672 |
| Carmel | $6,190 | $9,085 | $12,061 | $15,002 | $19,370 |
| Cold Spring | $5,225 | $9,713 | $13,220 | $18,263 | $24,600 |
| Garrison | $7,728 | $9,554 | $11,428 | $14,657 | $19,444 |
| Holmes | $9,581 | $10,792 | $13,674 | $18,503 | $22,041 |
| Hopewell Junction | $10,674 | $12,159 | $14,221 | $19,607 | $25,124 |
| Kent | $549 | $2,114 | $10,199 | $18,916 | $26,518 |
| Lake Peekskill | $7,430 | $8,502 | $9,821 | $11,775 | $13,623 |
| Mahopac | $8,467 | $11,236 | $13,661 | $15,998 | $19,572 |
| Patterson | $5,138 | $8,471 | $10,852 | $14,208 | $17,847 |
| Philipstown | $2,865 | $7,123 | $12,130 | $21,865 | $36,738 |
| Putnam Valley | $7,609 | $10,349 | $12,982 | $16,023 | $20,326 |
| Shrub Oak | $8,620 | $9,523 | $11,214 | $13,628 | $14,130 |
| Stormville | $9,999 | $11,736 | $15,790 | $18,948 | $24,041 |
| Cortlandt Manor | N/A | N/A | N/A | N/A | N/A |
| Fishkill | N/A | N/A | N/A | N/A | N/A |
| Kent Lakes | N/A | N/A | N/A | N/A | N/A |
| Mahopac Falls | N/A | N/A | N/A | N/A | N/A |
| New York | N/A | N/A | N/A | N/A | N/A |
| North Salem | N/A | N/A | N/A | N/A | N/A |
| Pawling | N/A | N/A | N/A | N/A | N/A |
| Rye Brook | N/A | N/A | N/A | N/A | N/A |
| Yonkers | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Putnam Assessment Review Commission | |
| Website | putnam.sdgnys.com |