12720 Property Tax Rate

Property owners in ZIP code 12720 (Bethel, New York) pay a median of $10,001/year in property taxes on homes valued at $404,700. This translates to an effective tax rate of 2.47%, which is 34% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 12720 is approximately $833, which factors into escrow payments on mortgages. This ZIP code is located within Sullivan County. This is $4,749 more than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 12720 has higher property taxes. ZIP codes with similar effective rates include 13140 (2.47%) and 14867 (2.47%).

New York has no statewide property tax cap; Sullivan County assessments are revalued independently at set intervals with no automatic adjustment at purchase. Households earning ≤$500,000 should enroll in STAR (School Tax Relief) through the Sullivan County Assessor—this program reduces school taxes by $500–$800 annually for most homeowners. Submit your STAR application by March 15 following your purchase to qualify for the current school year.