12768 Property Tax Rate

Property owners in ZIP code 12768 (Parksville, New York) pay a median of $4,347/year in property taxes on homes valued at $271,300. This translates to an effective tax rate of 1.60%, which is 13% below the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 12768 is approximately $362, which factors into escrow payments on mortgages. This ZIP code is located within Sullivan County. This is $905 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 12768 has lower property taxes. ZIP codes with similar effective rates include 10607 (1.60%) and 14731 (1.60%).

In Parksville, property taxes represent approximately 12.6% of the median household income of $34,406, 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.