12117 Property Tax Rate

Property owners in ZIP code 12117 (Mayfield, New York) pay a median of $2,762/year in property taxes on homes valued at $195,200. This translates to an effective tax rate of 1.42%, which is 23% below the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 12117 is approximately $230, which factors into escrow payments on mortgages. This ZIP code is located within Fulton County. This is $2,490 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 12117 has higher property taxes. ZIP codes with similar effective rates include 14212 (1.41%) and 12914 (1.42%).

In Mayfield, property taxes represent approximately 4.1% of the median household income of $66,685, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Fulton County assessments reflect local market conditions and revaluation cycles without annual increase limits. Fulton County primary residence owners with household income ≤$500,000 qualify for STAR, reducing school tax bills by exempting a portion of assessed value — apply through local schools or the Fulton County Assessor's office by March 15 annually. Contact the Fulton County Assessor within 30 days of closing to register your property and file STAR to capture your school tax exemption on the first bill.