Property Taxes in Shrub Oak, New York
Median Shrub Oak, New York effective property tax rate: 2.57%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Shrub Oak, New York home value: $515,600
Median annual Shrub Oak, New York tax bill: $11,214, higher by $8,814 than the national median property tax bill of $2,400.
How are property taxes in Putnam calculated?
Property taxes in Shrub Oak, New York 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 Shrub Oak's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Shrub Oak, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Shrub Oak Property Tax Calculator Work?
Use this Shrub Oak property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Shrub Oak's median effective tax rate of 2.57% — based on actual property records in Putnam County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Shrub Oak's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Shrub Oak: rates range from 11214 in 10588 to 11214 in 10588, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Shrub Oak.
About Shrub Oak Property Taxes
About Property Taxes in Shrub Oak, Putnam, New York
Shrub Oak’s median effective property tax rate of 2.57% is higher than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects Putnam County levies and local district taxes that shape what homeowners pay across the area.
Property tax rates are not uniform across Shrub Oak. Homeowners in ZIP code 10588 carry a median effective rate of 2.57%, while the same ZIP also reflects the city’s lowest rate of 2.57%. That means there is no spread across the area, but the rate is still well above the national median.
Shrub Oak homeowners who believe their assessed value is too high can file a formal appeal with the Assessment Review Commission before the May 26, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Shrub Oak, Putnam County, New York
As noted earlier, 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 Shrub Oak's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
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 Shrub Oak Tax Rate
2.57%
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 Putnam County Tax Rate
2.86%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Shrub Oak, Putnam County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10588 | 0.70% | 2.38% | 2.57% | 2.57% | 2.57% |
Source: Ownwell
Property Tax Assessment Values Across Shrub Oak, Putnam County, New York
When examining property taxes in Shrub Oak, New York, 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 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 Putnam County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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. For example, the median home price in Shrub Oak is $515,600, with tax bills ranging significantly across the county. ZIP code 10588 has the highest median home price at $515,600.
Property Tax Assessment Values Across Shrub Oak, Putnam County, New York
Source: Ownwell
$225,291
$503,049
$780,806
Median Shrub Oak Market Value
$515,600
Median Putnam County Market Value
$430,100
Median New York Market Value
$312,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Shrub Oak, Putnam County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10588 | $395,900 | $419,800 | $515,600 | $729,600 | $1,279,300 |
Source: Ownwell
Property Tax Bills Across Shrub Oak, Putnam County, New York
Property tax bills in Shrub Oak are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. For a home with a median home price of $515,600, the resulting bill can be substantial, especially when compared with the national median property tax bill of $2,400. In this area, the 25th percentile tax bill is $9,523, while the 75th percentile is $13,628, showing how much bills can vary from one homeowner to another.
Several factors affect the final amount, including the home’s assessed value, local tax rates, and any exemptions that may apply. The 90th percentile tax bill reaches $14,130, which means higher-value homes or less favorable assessments can lead to much larger bills. For homeowners, this can have a major impact on monthly budgets and long-term housing costs, making it important to understand how the bill is determined and whether the assessment accurately reflects the property’s market value.
Median Shrub Oak Tax Bill
$11,214
Median Putnam County Tax Bill
$12,265
Median New York Tax Bill
$5,420
Median United States Tax Bill
$3,209
Property Tax Bills Across Shrub Oak, Putnam County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 10588 | $8,620 | $9,523 | $11,214 | $13,628 | $14,130 |
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 |