13331 Property Tax Rate

Property owners in ZIP code 13331 (Eagle Bay, New York) pay a median of $2,833/year in property taxes on homes valued at $290,000. This translates to an effective tax rate of 0.98%, which is 47% below the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 13331 is approximately $236, which factors into escrow payments on mortgages. This ZIP code is located within Herkimer County. This is $2,419 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 13331 has lower property taxes. ZIP codes with similar effective rates include 12444 (0.98%) and 11426 (0.98%).

In Eagle Bay, property taxes represent approximately 4.4% of the median household income of $64,500, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; reassessment varies by municipality and occurs annually or as determined by your local assessor. Herkimer County homebuyers with primary residences earning up to $500,000 should enroll in the STAR (School Tax Relief) program, which exempts a portion of assessed value from school taxes — typically saving $300–$800/year. File your STAR application with the Herkimer County Assessor's office immediately after purchase to lock in the exemption for the following tax year.