12401 Property Tax Rate

Property owners in ZIP code 12401 (Kingston, New York) pay a median of $5,562/year in property taxes on homes valued at $285,700. This translates to an effective tax rate of 1.95%, which is 6% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 12401 is approximately $464, which factors into escrow payments on mortgages. This ZIP code is located within Ulster County. This is $310 more than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 12401 has lower property taxes. ZIP codes with similar effective rates include 12871 (1.95%) and 13345 (1.95%).

In Kingston, property taxes represent approximately 8.2% of the median household income of $67,426, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; your assessment can increase annually at the rate set by Ulster County, and reassessment occurs when you purchase. Enroll in the STAR (School Tax Relief) program if your household income is ≤$500,000 to reduce school taxes by several hundred dollars annually—apply through the Ulster County Assessor's office or online at tax.ny.gov. File your STAR application by March 15 following the year of purchase to receive the exemption retroactively.