12723 Property Tax Rate

Property owners in ZIP code 12723 (Callicoon, New York) pay a median of $5,018/year in property taxes on homes valued at $232,800. This translates to an effective tax rate of 2.16%, which is 17% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 12723 is approximately $418, which factors into escrow payments on mortgages. This ZIP code is located within Sullivan County. This is $234 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 12723 has higher property taxes. ZIP codes with similar effective rates include 11706 (2.15%) and 14085 (2.15%).

In Callicoon, property taxes represent approximately 5.3% of the median household income of $94,940, providing context for the relative tax burden on homeowners in this area.

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.