Dunkirk, New York Property Taxes
The median property tax rate in Dunkirk, NY is 2.27%, 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 Dunkirk at $73,016, the typical annual property tax bill reaches $1,641, exceeding the national median of $2,690. Property taxes in Dunkirk 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 Dunkirk'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 Dunkirk 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
Dunkirk, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.27%
Estimate Property Tax Bill
$1,657
$1,639
Ownwell’s Dunkirk Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Dunkirk with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Dunkirk 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 Dunkirk, New York
Property taxes in Dunkirk, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Dunkirk is 2.27%, significantly higher than the U.S. national median of 0.99%. Local government entities within Dunkirk set these rates annually, and they can vary significantly across different neighborhoods. Each year, Dunkirk 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. For comparison, the 14063 zip code has the highest median property tax rate of 2.90%, while the 14048 zip code has the lowest median tax rate of 2.27%. Understanding how these cities compare with Dunkirk provides valuable insights into the varying tax landscape across Chautauqua County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Dunkirk Tax Rate
2.27%
Average Chautauqua County Tax Rate
2.90%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Dunkirk, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14048 | 2.27% | 2.27% | 2.27% | 2.27% | 2.74% |
| 14063 | 2.90% | 2.90% | 2.90% | 2.90% | 2.90% |
Source: Ownwell
Property Tax Assessment Values Across Dunkirk, New York
In Dunkirk, 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 Chautauqua 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 Dunkirk, 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. The median home price in Dunkirk is $73,016, with tax bills ranging significantly. For instance, the highest median tax bill is $2,979 in zip code 14063, while the lowest is $1,641 in zip code 14048. 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 Dunkirk helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Dunkirk Assessed Value
$73,016
Average Chautauqua County Assessed Value
$91,916
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Dunkirk, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14048 | $34,921 | $52,381 | $73,016 | $102,580 | $148,396 |
| 14063 | $102,733 | $102,733 | $102,733 | $102,733 | $102,733 |
Source: Ownwell
Property Tax Bills Across Dunkirk, New York
In Dunkirk, located in Chautauqua County, 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’s office and reflects the market value of the property. Homeowners in Dunkirk can expect their tax bills to vary significantly depending on their property’s value and the specific tax rate applied by the county. The tax bill for a median-priced home in Dunkirk, valued at $73,016, can range widely. For instance, the 25th percentile tax bill stands at $1,172, while the 75th percentile reaches $2,380, and the 90th percentile goes up to $3,778. Comparatively, the highest median tax bill in the region is $2,979 in zip code 14063, while the lowest is $1,641 in zip code 14048. These figures illustrate the variability in property tax bills within the county, affecting homeowners differently based on their property's assessed value and location.
Average Dunkirk Tax Bill
$1,641
Average Chautauqua County Tax Bill
$2,807
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Dunkirk, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14048 | $793 | $1,172 | $1,641 | $2,380 | $3,779 |
| 14063 | $2,979 | $2,979 | $2,979 | $2,979 | $2,979 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Chautauqua Assessment Review Commission | |
| Website | chautauquacounty.maps.arcgis.com |