Eagle Bay, Herkimer County, New York Property Taxes

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

Median Eagle Bay, NY effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Eagle Bay, NY home value: $308,548
Median annual Eagle Bay, NY tax bill: $2,295, $105 lower than the New York state median property tax bill and lower than the national median property tax bill of $2,400.

How are property taxes in Herkimer calculated?

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

Last Updated March 1, 2025

Eagle Bay, Herkimer County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.73%

Estimate Property Tax Bill

$2,252

$2,090

Ownwell’s Eagle Bay Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Eagle Bay with just two data points.

By entering your property's estimated assessed value, our calculator applies Eagle Bay’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 Eagle Bay, Herkimer County, New York

Local government entities set tax rates, which can vary widely within a state. This is 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.

In Eagle Bay, located in Herkimer County, the effective property tax rate is notably lower than the national median property tax rate of 1.02%. This offers a significant advantage for property owners in Eagle Bay, making it an attractive location for potential homeowners or investors looking to benefit from lower property tax rates. The median property tax rate in New York is 1.23%, which is higher than the rate in Eagle Bay. This means residents in Eagle Bay enjoy a favorable tax environment compared to other parts of the state. The lower tax rate can lead to substantial savings over time, enhancing the appeal of owning property in this region.

Property Tax Rates Across Eagle Bay, 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 Eagle Bay Tax Rate

0.73%

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 Eagle Bay, Herkimer County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13331	0.71%	0.73%	0.73%	0.73%	0.73%

Source: Ownwell

Property Tax Assessment Values Across Eagle Bay, Herkimer County, New York

When examining property taxes in Eagle Bay, 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 Assessor's Office 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 Herkimer 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 Eagle Bay.

For example, the median home price in Eagle Bay is $308,548, with tax bills ranging significantly across the county. Zip code 13331 has the highest median home price at $308,548.

Property Tax Assessment Values Across Eagle Bay, Herkimer County, New York

Source: Ownwell

$83,636

$238,084

$392,531

Median Eagle Bay Market Value

$308,548

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 Eagle Bay, Herkimer County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13331	$78,008	$154,631	$308,548	$534,232	$892,282

Source: Ownwell

Property Tax Bills Across Eagle Bay, Herkimer County, New York

In Eagle Bay, Herkimer County, NY, property taxes are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value to determine the annual tax bill. With a median home price of $308,548, homeowners in Eagle Bay face varying tax bills. The 25th percentile tax bill is $1,139, while the 75th percentile reaches $4,175, and the 90th percentile can be as high as $6,680. These figures indicate a wide range of potential tax burdens for homeowners, influenced by factors such as property value and local tax rates. Compared to the national median property tax bill of $2,400, Eagle Bay's tax bills can be significantly higher. For homeowners feeling the pinch of these taxes, Ownwell offers a solution by providing expert property tax appeal services. By ensuring assessments are fair and accurate, Ownwell helps homeowners potentially reduce their tax bills, alleviating financial pressure and ensuring they only pay their fair share.

Property Tax Bills Across Eagle Bay, Herkimer County, New York

Source: Ownwell

$1,464

$4,014

$6,564

Median Eagle Bay Tax Bill

$2,295

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 Eagle Bay, Herkimer County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13331	$598	$1,139	$2,295	$4,175	$6,680

Source: Ownwell

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Dates

Links
Herkimer Assessment Review Commission
Website	app.regrid.com