Livonia, New York Property Taxes
The median property tax rate in Livonia, NY is 2.20%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Livonia at $196,100, the typical annual property tax bill reaches $4,387, exceeding the national median of $2,690. Property taxes in Livonia 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 Livonia'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 Livonia 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
Livonia, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.2%
Estimate Property Tax Bill
$4,314
$4,266
Ownwell’s Livonia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Livonia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Livonia 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 Livonia, New York
Property taxes in Livonia, NY, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Livonia is 2.20%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Livonia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Livonia 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 Livonia's effective property tax rate to other counties in New York and the national median. For comparison, the ZIP code 14487 has the highest median property tax rate of 2.20%, while the same ZIP code also has the lowest median tax rate of 2.20%. Understanding how these cities compare with Livonia provides valuable insights into the varying tax landscape across Ontario County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Livonia Tax Rate
2.20%
Average Ontario County Tax Rate
2.60%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Livonia, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14487 | 2.10% | 2.20% | 2.20% | 2.33% | 2.42% |
Source: Ownwell
Property Tax Assessment Values Across Livonia, New York
In Livonia, NY, 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 Ontario 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 Livonia, 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 Livonia 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 14487, with a median tax bill of $4,387.
Average Livonia Assessed Value
$196,100
Average Ontario County Assessed Value
$176,100
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Livonia, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14487 | $103,370 | $151,125 | $196,100 | $259,700 | $322,800 |
Source: Ownwell
Property Tax Bills Across Livonia, New York
In Livonia, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. This value is then multiplied by the local tax rate to calculate the annual property tax bill. For example, with a median home price of $196,100, homeowners in Livonia can expect their property tax bills to vary significantly. The 25th percentile tax bill is around $3,382, while those in the 75th percentile pay approximately $5,732. At the 90th percentile, the tax bill can reach up to $7,147. These figures highlight how property taxes can vary widely even within the same area, influenced by factors such as property value and specific local tax rates. Comparatively, the national median property tax rate is 0.99%, which provides a benchmark for understanding Livonia’s property tax landscape. Homeowners must account for these taxes as a significant part of their annual housing costs.
Average Livonia Tax Bill
$4,387
Average Ontario County Tax Bill
$4,698
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Livonia, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14487 | $2,182 | $3,382 | $4,387 | $5,732 | $7,147 |
Source: Ownwell