York, New York Property Taxes
The median property tax rate in York, NY is 2.92%, significantly higher than both the national median of 0.99% and New York's state median of 2.39%. With the median home value in York at $147,600, the typical annual property tax bill reaches $4,307, far exceeding the national median of $2,690. Property taxes in York are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding York's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of York or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
York, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.92%
Estimate Property Tax Bill
$4,310
$4,261
Ownwell’s York Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in York with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in York to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across York, New York
Property taxes in York, NY, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in York is 2.92%, significantly higher than the U.S. national median of 0.99%. Local government entities within York set these rates annually, and they can vary significantly across different neighborhoods. Each year, York estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares York's effective property tax rate to other areas in New York and the national median. For comparison, the zip code 14592 has both the highest and lowest median property tax rate of 2.92%. Understanding how these cities compare with York provides valuable insights into the varying tax landscape across Livingston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average York Tax Rate
2.92%
Average Livingston County Tax Rate
2.99%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across York, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14592 | 2.10% | 2.70% | 2.92% | 3.07% | 3.23% |
Source: Ownwell
Property Tax Assessment Values Across York, New York
In York, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Livingston County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In York, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in York helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 14592, with a median tax bill of $4,307.
Average York Assessed Value
$147,600
Average Livingston County Assessed Value
$161,700
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across York, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14592 | $39,150 | $106,625 | $147,600 | $197,800 | $376,640 |
Source: Ownwell
Property Tax Bills Across York, New York
In York, Livingston County, NY, property tax bills are calculated based on the assessed value of the home and the local tax rate. The assessed value is determined by the local assessor, who evaluates the property to estimate its market value. This assessed value is then multiplied by the tax rate set by the local government to determine the annual tax bill. Several factors influence the assessed value, including property size, location, and condition. For example, the median home price in York is $147,600, which significantly impacts the tax bill. Homeowners in York can expect tax bills varying significantly, with the 25th percentile at $3,133 and the 75th percentile reaching $5,605. At the higher end, the 90th percentile tax bill can be as much as $9,052. These property taxes directly affect homeowners by contributing to local services such as schools, infrastructure, and emergency services. Compared to the national median property tax rate of 0.99%, York's property taxes are relatively high, reflecting the community's investment in maintaining and improving local amenities.
Average York Tax Bill
$4,307
Average Livingston County Tax Bill
$4,819
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across York, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14592 | $1,321 | $3,133 | $4,307 | $5,605 | $9,052 |
Source: Ownwell