Remsen, Herkimer County, New York Property Taxes
Median Remsen, NY effective property tax rate: 2.04%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Remsen, NY home value: $98,748
Median annual Remsen, NY tax bill: $1,863, $537 lower than the national median property tax bill of $2,400.
How are property taxes in Herkimer calculated?
Property taxes in Remsen, 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 Remsen's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Remsen, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Remsen, Herkimer County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.04%
Estimate Property Tax Bill
$2,014
$1,869
Property Tax Rates Across Remsen, Herkimer County, New York
Local government entities set tax rates, which can vary widely within a state. 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, this is the annual process in a nutshell.
In Remsen, located in Herkimer County, NY, the effective property tax rate stands at 2.04%, which is notably higher than the national median property tax rate of 1.02%. This means that property owners in Remsen pay a higher percentage of their property's assessed value in taxes compared to the national average. Furthermore, this rate is consistent across Herkimer County, indicating a uniform approach to property taxation in the area.
For homeowners in Remsen, understanding this tax rate is crucial for financial planning and property investment decisions. By comparing Remsen's tax rate to other cities in New York and the national average, property owners can better assess their tax liabilities and make informed decisions.
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 Remsen Tax Rate
2.04%
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 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 Remsen, Herkimer County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13438 | 1.25% | 1.60% | 2.04% | 2.25% | 3.27% |
Source: Ownwell
Property Tax Assessment Values Across Remsen, Herkimer County, New York
When examining property taxes in Remsen, 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.
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 Remsen. For example, the median home price in Remsen is $98,748, with tax bills ranging significantly across the county. Zip code 13438 has the highest median home price at $98,748.
Property Tax Assessment Values Across Remsen, Herkimer County, New York
Source: Ownwell
$83,636
$238,084
$392,531
Median Remsen Market Value
$98,748
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 Remsen, Herkimer County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13438 | $17,107 | $46,106 | $98,748 | $182,962 | $312,935 |
Source: Ownwell
Property Tax Bills Across Remsen, Herkimer County, New York
In Remsen, Herkimer County, NY, property tax bills are calculated based on the assessed value of a home, which is derived from the market value. The median home price in Remsen is $98,748, and property taxes are levied on this assessed value. Tax rates are determined by local taxing authorities and can vary significantly. Homeowners in Remsen face a range of tax bills, with the 25th percentile at $840, the 75th percentile at $3,470, and the 90th percentile reaching $5,530. The median property tax bill in the area is $1,863, which is below the national median of $2,400.
For homeowners, these taxes can represent a significant financial burden, especially when higher than the national median tax rate of 1.02%. Ownwell helps homeowners by offering property tax appeal and exemption services, potentially lowering their tax bills. By analyzing property assessments and market values, Ownwell can identify discrepancies and advocate for fairer tax rates, ensuring homeowners do not overpay and can achieve meaningful savings on their property taxes.
Median Remsen Tax Bill
$1,863
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 Remsen, Herkimer County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13438 | $329 | $840 | $1,863 | $3,470 | $5,530 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Herkimer Assessment Review Commission | |
| Website | app.regrid.com |