10941 Property Tax Rate

Property owners in ZIP code 10941 (Middletown, New York) pay a median of $7,166/year in property taxes on homes valued at $325,700. This translates to an effective tax rate of 2.20%, which is 19% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 10941 is approximately $597, which factors into escrow payments on mortgages. This ZIP code is located within Orange County. This is $1,914 more than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 10941 has lower property taxes. ZIP codes with similar effective rates include 14871 (2.20%) and 13112 (2.20%).

In Middletown, property taxes represent approximately 7.5% of the median household income of $95,938, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; assessments adjust annually based on local revaluation cycles and market conditions. Orange County primary residence owners earning ≤$500,000 benefit from the STAR exemption, which removes thousands from school tax calculations — submit your application to Orange County schools or the Orange County Assessor's office by the annual March 15 deadline. Contact the Orange County Assessor immediately post-closing to register your ownership and confirm STAR eligibility, as the exemption can save $500–$1,000+ annually depending on your assessed value.