Cuddebackville, Sullivan County, New York Property Taxes
Median Cuddebackville, NY effective property tax rate: 2.47%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Cuddebackville, NY home value: $276,923
Median annual Cuddebackville, NY tax bill: $6,841, $4,441 higher than the national median property tax bill of $2,400.
How are property taxes in Sullivan calculated?
Property taxes in Cuddebackville, 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 Cuddebackville's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cuddebackville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cuddebackville, Sullivan County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.47%
Estimate Property Tax Bill
$6,840
$6,347
Property Tax Rates Across Cuddebackville, Sullivan County, New York
Local government entities set property tax rates, which can vary significantly within a state. Each county annually estimates its budget to provide necessary services and divides it by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is essentially the annual process.
In Cuddebackville, located in Sullivan County, the effective property tax rate is 2.47%, which is notably higher than the national median property tax rate of 1.02%. This means that property owners in Cuddebackville face a higher tax burden compared to many other areas in the United States. Despite this, the property tax rate in Cuddebackville is consistent within its locality, as both the highest and lowest tax rates in the area are the same, at 2.47%. This uniformity can offer some predictability for homeowners in Sullivan County. Understanding these rates can help property owners make informed decisions about their investments and financial planning.
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 Cuddebackville Tax Rate
2.47%
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 Sullivan County Tax Rate
2.05%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cuddebackville, Sullivan County, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
12729 | 2.43% | 2.47% | 2.47% | 2.47% | 2.47% |
Source: Ownwell
Property Tax Assessment Values Across Cuddebackville, Sullivan County, New York
When examining property taxes in Cuddebackville, 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 Sullivan 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 Sullivan 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 Cuddebackville. For example, the median home price in Cuddebackville is $276,923, with tax bills ranging significantly across the county. ZIP code 12729 has the highest median home price at $276,923.
Property Tax Assessment Values Across Cuddebackville, Sullivan County, New York
Source: Ownwell
$133,333
$281,742
$430,150
Median Cuddebackville Market Value
$276,923
Median Sullivan County Market Value
$226,500
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cuddebackville, Sullivan County, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
12729 | $153,723 | $198,462 | $276,923 | $401,538 | $468,677 |
Source: Ownwell
Property Tax Bills Across Cuddebackville, Sullivan County, New York
Property Tax Bills Across Cuddebackville, Sullivan County, New York
Source: Ownwell
$2,184
$6,590
$10,996
Median Cuddebackville Tax Bill
$6,841
Median Sullivan County Tax Bill
$4,834
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across Cuddebackville, Sullivan County, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
12729 | $3,772 | $4,903 | $6,841 | $9,739 | $11,463 |
Source: Ownwell