Barneveld, Herkimer County, New York Property Taxes

Name: Property Tax Bills Across Barneveld, Herkimer County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Barneveld, NY effective property tax rate: 2.08%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Barneveld, NY home value: $339,986
Median annual Barneveld, NY tax bill: $6,557, $4,157 higher than the national median property tax bill of $2,400.

How are property taxes in Herkimer calculated?

Property taxes in Barneveld, 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 Barneveld's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Barneveld, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Barneveld, Herkimer County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.08%

Estimate Property Tax Bill

$7,072

$6,562

Ownwell’s Barneveld Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Barneveld with just two data points. By entering your property's estimated assessed value, our calculator applies Barneveld’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Herkimer County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Barneveld, Herkimer County, New York

In Barneveld, located in Herkimer County, NY, property tax rates are determined by local government entities and can vary significantly across different areas. The process involves each county estimating its annual budget for essential services and dividing this by the total assessed value of all taxable properties within its jurisdiction. This method results in the effective property tax rate for the area.

Barneveld's effective property tax rate stands at 2.08%, which is notably higher than the national median property tax rate of 1.02%. This rate reflects the county's budgeting needs and the total assessed property values. Herkimer County's tax rate is among the higher rates in the state, indicating a greater demand for public services or possibly higher property values in the area.

When comparing Barneveld's property tax situation to other cities in New York and the national median, it's clear that property owners in this region face a relatively higher tax burden. Understanding these local nuances is crucial for property owners considering tax appeals or exemptions.

Property Tax Rates Across Barneveld, Herkimer County, New York

Source: Ownwell

0.73%

1.96%

3.19%

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 Barneveld Tax Rate

2.08%

Median Effective Herkimer County Tax Rate

2.04%

Median Effective New York Tax Rate

1.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Barneveld, Herkimer County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13304	1.59%	1.63%	2.08%	2.25%	2.25%

Source: Ownwell

Property Tax Assessment Values Across Barneveld, Herkimer County, New York

When examining property taxes in Barneveld, 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 Herkimer 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 Herkimer County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Barneveld. For example, the median home price in Barneveld is $339,986, with tax bills ranging significantly across the county. Zip code 13304 has the highest median home price at $339,986.

Property Tax Assessment Values Across Barneveld, Herkimer County, New York

Source: Ownwell

$83,636

$238,084

$392,531

Median Barneveld Market Value

$339,986

Median Herkimer County Market Value

$127,341

Median New York Market Value

$312,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Barneveld, Herkimer County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13304	$177,190	$283,728	$339,986	$414,812	$516,690

Source: Ownwell

Property Tax Bills Across Barneveld, Herkimer County, New York

In Barneveld, located in Herkimer County, NY, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors and is influenced by factors such as the property's market value, location, and any improvements made. Homeowners in Barneveld face a median property tax bill of $6,557, significantly higher than the national median of $2,400. This disparity can be attributed to the area's valuation methods and tax rates. For instance, those at the 90th percentile pay around $10,004, while even the 25th percentile sees a bill of $5,335. Such high property tax bills can place a financial burden on homeowners. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing a property's assessment and identifying discrepancies, Ownwell helps homeowners potentially reduce their tax bills. With expert guidance, homeowners can navigate the complexities of property taxes and achieve savings, easing the financial impact of high property taxes in Barneveld.

Property Tax Bills Across Barneveld, Herkimer County, New York

Source: Ownwell

$1,464

$4,014

$6,564

Median Barneveld Tax Bill

$6,557

Median Herkimer County Tax Bill

$2,784

Median New York Tax Bill

$5,420

Median United States Tax Bill

$2,400

Property Tax Bills Across Barneveld, Herkimer County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13304	$3,776	$5,335	$6,557	$7,903	$10,004

Source: Ownwell

Don't miss the deadline to file a grievance!

Dates

Links
Herkimer Assessment Review Commission
Website	app.regrid.com