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Key Findings
Of the 61 Park Towns, 49 exceeded the New York median for growth in Total Taxable Assessments (the total land and improvements values in a town), while 12 were below. The majority of Park Towns had property assessment value growth that exceeded the state median.
Analysis of the growth of the Total Taxable Assessments of towns, cities, and boroughs across New York provides information about community growth or stagnation. Adirondack Park communities saw some of the biggest increases in total taxable assessed values in New York State from 1982 to 2020. The median change across New York towns over these 38 years was a growth in the total taxable assessed value of +102.9% adjusted for inflation.
In New York, local governments assess all properties for their total values, for both land and improvements, whether or not they are tax-exempt. Each local government in the state generates a figure on an annual basis that shows its Total Full Value Tax Assessment. This is the total land and improvements value in a given town. The map above shows the change in the total tax value for the 932 towns, etc., across New York from 1982 to 2020 (cities, boroughs not included). These data were obtained from the New York State Office of the State Comptroller, which reported that data prior to 1982 were unreliable.
The map above shows growth in towns on Long Island, in the Hudson Valley, the Catskills, and the Adirondacks. Towns in central New York, the Southern Tier, and western New York that show growth are often communities with a significant amount of shoreline lands.
The towns in New York with the greatest increases were on the east end of Long Island, where places such as East Hampton Town, Suffolk County grew at a rate of 608% of the state median, Southampton 544%, and Shelter Island at 440%. The Saratoga County towns experienced impressive growth as well with Wilton at 440% and Malta at 360%.
In the Adirondacks, Bolton Town, Warren County was the highest at 280% of the state median, followed by Horicon at 236%. North Elba in Essex County grew by 229%. Of the 61 Park Towns fully within the Adirondack Park, 49 exceeded the New York median, while 12 were below. Of the 31 Split Towns, 21 exceeded the state median and 10 were below. ❑
Figure 50: Total Taxable Assessment Increases from 1982 to 2020 in New York State towns
From 1982 to 2020, the 932 towns, etc., in New York State experienced a median growth of +102.9% in their Total Taxable Assessments. This map shows the rate at which towns experienced growth above the state median (green) or below it (red).
466 towns with total taxable assessment growth lower than the state median
466 towns with a total taxable assessment growth higher than the state median
Cities and reservations outside this analysis