Perrysburg, New York Property Taxes
The median property tax rate in Perrysburg, NY is 1.53%, 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 Perrysburg, the typical annual property tax bill reaches $1,940, which is below the national median of $2,690. Property taxes in Perrysburg 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 Perrysburg'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 Perrysburg 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
Perrysburg, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.53%
Estimate Property Tax Bill
$1,825
$1,805
Ownwell’s Perrysburg Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Perrysburg with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Perrysburg 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 Perrysburg, New York
Property taxes in Perrysburg, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Perrysburg is 1.53%, significantly higher than the U.S. national median of 0.99%. Local government entities within Perrysburg set these rates annually, and they can vary significantly across different neighborhoods. Each year, Perrysburg 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 Perrysburg's effective property tax rate to other areas in New York and the national median. For comparison, the zip code 14129 has the highest median property tax rate of 1.53%, while the same zip code also has the lowest median tax rate of 1.53%. Understanding how these areas compare with Perrysburg provides valuable insights into the varying tax landscape across Cattaraugus County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Perrysburg Tax Rate
1.53%
Average Cattaraugus County Tax Rate
1.53%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Perrysburg, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14129 | 1.32% | 1.47% | 1.53% | 1.75% | 2.15% |
Source: Ownwell
Property Tax Assessment Values Across Perrysburg, New York
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Perrysburg, NY. 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 Cattaraugus 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. 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. Perrysburg's median home price stands at $119,300, with tax bills ranging from $1,356 at the 25th percentile to $3,310 at the 90th percentile. The zip code 14129 has both the highest and lowest median tax bill at $1,940. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Perrysburg Assessed Value
$119,300
Average Cattaraugus County Assessed Value
$88,597
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Perrysburg, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14129 | $47,720 | $81,525 | $119,300 | $168,650 | $215,400 |
Source: Ownwell
Property Tax Bills Across Perrysburg, New York
In Perrysburg, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Various factors influence the assessed value, including the property's location, size, and condition. For example, the median home price in Perrysburg is $119,300. Homeowners in Perrysburg can expect their tax bills to vary significantly. The 25th percentile tax bill is around $1,356, while those in the 75th percentile pay approximately $2,616. At the higher end, the 90th percentile tax bill reaches $3,310. Comparatively, the median property tax rate in Perrysburg is higher than the national median of 0.99%, which can significantly impact homeowners' annual expenses. Understanding these factors is crucial for homeowners when budgeting for their property-related costs. The highest and lowest median tax bills in the county are both $1,940, showing some consistency in tax assessments within the region.
Average Perrysburg Tax Bill
$1,940
Average Cattaraugus County Tax Bill
$1,508
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Perrysburg, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14129 | $824 | $1,356 | $1,940 | $2,616 | $3,310 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Cattaraugus Assessment Review Commission | |
| Website | maps.cattco.org |