10541 Property Tax Rate

Property owners in ZIP code 10541 (Mahopac, New York) pay a median of $10,001/year in property taxes on homes valued at $472,600. This translates to an effective tax rate of 2.12%, which is 15% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 10541 is approximately $833, which factors into escrow payments on mortgages. This ZIP code is located within Putnam County. This is $4,749 more than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 10541 has higher property taxes. ZIP codes with similar effective rates include 12849 (2.12%) and 14564 (2.12%).

In Mahopac, property taxes represent approximately 7.5% of the median household income of $133,929, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; assessments can rise each year based on local budget needs and comparable sales. Putnam County primary residence owners with household income ≤$500,000 qualify for STAR, which exempts a portion of assessed value from school taxes — enroll through Putnam County schools or visit the Putnam County Assessor's office for application deadlines and income verification. Contact the Putnam County Assessor immediately after closing to register your new purchase and apply for STAR to capture the exemption on your first tax bill.