Otsego County, New York Property Taxes
Census Bureau ACS property tax data for New York. Population: 16,807.
The median annual property tax in Otsego County is $2,911, which is 38% lower than the New York state average and 51% above the national average. The effective tax rate is 1.65% on a median home value of $175,900. Property taxes represent 4.3% of the median household income in this county.
Median Annual Tax
$2,911
-38% vs State
+51% vs US
Median Home Value
$175,900
-34% vs State
-17% vs US
Effective Tax Rate
1.65%
-20% vs State
+74% vs US
With vs Without Mortgage
With Mortgage
$3,286
$274/mo
Without Mortgage
$2,534
$211/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $2,911 -0.6% | 1.65% |
| 2022 | $2,930 +1.7% | 1.76% |
| 2021 | $2,881 +5.7% | 1.87% |
| 2020 | $2,725 +0.9% | 1.81% |
| 2019 | $2,702 | 1.85% |
Tax Burden
Tax-to-Income Ratio
4.3%
of median household income
Median Income
$67,086
per year
Monthly Tax
$243
per month
Other Counties in New York
Schuyler County
Tax: $3,165/yr Rate: 1.94%
Saratoga County
Tax: $4,843/yr Rate: 1.49%
Cattaraugus County
Tax: $2,946/yr Rate: 2.69%
Suffolk County
Tax: $10,001/yr Rate: 1.85%
Chemung County
Tax: $3,332/yr Rate: 2.52%
Essex County
Tax: $3,111/yr Rate: 1.56%
Frequently Asked Questions
What is the average property tax in Otsego County, New York? ▼
The median annual property tax in Otsego County is $2,911 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.65% on a median home value of $175,900.
How does Otsego County property tax compare to the national average? ▼
Property taxes in Otsego County are 51% above the national average of $1,923. The effective rate of 1.65% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Otsego County? ▼
In Otsego County, homeowners with a mortgage pay a median of $3,286 in annual property taxes, while homeowners without a mortgage pay $2,534. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Otsego County? ▼
Property taxes in Otsego County represent approximately 4.3% of the median household income of $67,086. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.