Example of Westchester County Property Tax Calculation
Westchester County calculates property tax based on the assessed value of the property. The assessed value is determined by the local assessor's office. For example, if the assessed value of a property is $500,000, and the tax rate is 1.5%, the property owner will pay $7,500 in property taxes for the year.
It's important to note that property tax rates vary by location and can change from year to year. Property owners should check with their local government to get the most accurate and up-to-date information on their property tax rate.
In Westchester County, property owners can also apply for various exemptions and tax relief programs, such as the STAR (School Tax Relief) program, which can lower their property tax bill. However, these programs also have eligibility requirements, so it's important to research and understand the options available.
If you want appeal your property tax assessment - contact your local tax assessor.
Westchester County Property Tax Rates
Here is a formatted table of Westchester County Property Tax rates, with the rate per $100 of assessed value:
| Tax | Rate per $100 of Assessed Value |
|---|---|
| City of Peekskill | $29.79 |
| Town of Bedford | $38.68 |
| Town of Cortlandt | $37.23 |
| Town of Eastchester | $37.92 |
| Town of Greenburgh | $23.69 |
| Town of Harrison | $38.80 |
| Town of Lewisboro | $29.92 |
| Town of Mamaroneck | $35.26 |
| Town of Mount Kisco | $29.33 |
| Town of Mount Pleasant | $35.50 |
| Town of New Castle | $31.95 |
| Town of North Salem | $24.07 |
| Town of Ossining | $36.23 |
| Town of Pelham | $39.71 |
| Town of Pound Ridge | $23.77 |
| Town of Rye | $36.47 |
| Town of Scarsdale | $35.61 |
| Town of Somers | $29.27 |
| Town of Yorktown | $35.06 |
It is important to note that property tax rates can vary depending on various factors, including the specific location, property value, and assessed value. It is recommended that individuals consult with a licensed tax advisor for personalized advice and guidance.
Who sets property tax rates in Westchester County ?
In Westchester County, property tax rates are set by the local government, specifically the Board of Legislators. They determine the annual budget for the county and set the tax rate accordingly. The tax rate is typically finalized in December and goes into effect on the first of the following year. Property owners in Westchester County can find out their specific tax rate by looking up their property's assessed value and multiplying it by the tax rate.
Homestead exemptions in Westchester County ?
To help homeowners in Westchester County, New York, understand their Homestead exemptions and deductions, the following table outlines the county-specific details:
| Exemption | Eligibility | Amount | Notes |
|---|---|---|---|
| Basic | All homeowners with primary residence | Up to 50% of assessed property value or $30,000, whichever is less | Can be applied to school, county, and town/city taxes |
| Enhanced | Senior citizens (age 65+) with primary residence whose income does not exceed $86,000 annually | Up to 50% of assessed property value or $69,450, whichever is less | Can be applied to school, county, and town/city taxes |
| Veterans | Veterans who served during wartime and their spouses; disabled veterans and their spouses | Up to 15% of assessed property value or $12,000, whichever is less | Can be applied to school, county, and town/city taxes |
| Cold War | Veterans who served during the Cold War and their spouses | Up to 10% of assessed property value or $7,500, whichever is less | Can be applied to school, county, and town/city taxes |
| Volunteer Firefighters & Ambulance Workers | Volunteer firefighters and ambulance workers who have served at least five years | Up to 10% of assessed property value | Can be applied to school, county, and town/city taxes |
| Clergy | Clergy members who have been appointed or assigned to a church or religious house of worship | Exempts property from taxation | Must file an application with the local assessor's office |
It's important for homeowners to note that some exemptions and deductions may not be applied to all taxes, and eligibility requirements may vary. It's recommended to contact the local assessor's office for more information on specific exemptions and deductions.
When is Westchester County Property Tax due ?
Westchester County Property Tax is typically due on April 30th of each year. However, if that date falls on a weekend or holiday, the due date is extended to the next business day. It's important to note that if you fail to pay your property tax by the due date, interest and penalties will accrue until you pay the full amount owed.
There are several payment methods available for Westchester County Property Tax. The county accepts payment by mail, online, or in-person. Here are the available payment methods:
| Payment Method | How to Use |
|---|---|
| You can send a check or money order to the Westchester County Department of Finance along with your payment stub. The department's mailing address is located on the payment stub. | |
| Online | You can pay your property tax online using a credit or debit card, or by electronic check. Simply visit the county's website and follow the instructions for online payment. |
| In-person | You can pay your property tax in-person at the Westchester County Department of Finance. The department is located at 148 Martine Avenue in White Plains, NY. |
Paying your Westchester County Property Tax on time will prevent interest and penalties from accruing. Be sure to choose the payment method that works best for you and pay by the due date to avoid any issues.
If you have more questions - contact your local tax collector.
How is Westchester County Property Tax penalty calculated ?
Westchester County property tax penalty is calculated based on the amount of unpaid taxes and the date of payment. The penalty starts at 1% of the unpaid amount and increases every month by an additional 1% until the taxes are paid in full.
Here is an example to make it easier to understand:
Let's say a homeowner in Westchester County owes $10,000 in property taxes for the year 2021. The taxes are due on April 30th, but the homeowner is unable to pay at that time. The penalty for not paying on time would be calculated as follows:
| Date | Penalty | Total due |
|---|---|---|
| April 30th | $0 | $10,000 |
| May 1st - May 31st | $100 (1%) | $10,100 |
| June 1st - June 30th | $200 (2%) | $10,200 |
| July 1st - July 31st | $300 (3%) | $10,300 |
As you can see from the example, the penalty increases every month until the taxes are paid in full. It is important to pay property taxes on time to avoid unnecessary penalties and fees.
In conclusion, Westchester County property tax penalty is calculated based on the amount of unpaid taxes and the date of payment. Property owners should ensure that they pay their taxes on time to avoid any penalties or fees.
We recommend contacting the Westchester County Tax Office or a local tax professional for the most up-to-date and accurate information.