Hunt, Allegany County, New York Property Taxes
Median HUNT, NY effective property tax rate: 3.24%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median HUNT, NY home value: $84,500
Median annual HUNT, NY tax bill: $3,106, $706 higher than the national median property tax bill of $2,400.
How are property taxes in Allegany calculated?
Property taxes in HUNT, NY are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding HUNT’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in HUNT, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Hunt, Allegany County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.24%
Estimate Property Tax Bill
$2,738
$2,541
Property Tax Rates Across Hunt, Allegany County, New York
Local government entities set property tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
When comparing Hunt’s effective property tax rate to other cities in New York, Hunt stands out with a median property tax rate of 3.24%, which is significantly higher than both the New York state and national medians. The national median property tax rate is 1.02%, highlighting the contrast. This higher rate in Hunt reflects the specific budgetary needs and property values in Allegany County. For property owners, understanding these rates is crucial for financial planning and exploring potential property tax appeals or exemptions.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Hunt Tax Rate
3.24%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Allegany County Tax Rate
3.64%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Hunt, Allegany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14846 | 3.21% | 3.24% | 3.24% | 3.83% | 3.83% |
Source: Ownwell
Property Tax Assessment Values Across Hunt, Allegany County, New York
When examining property taxes in Hunt, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Allegany County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices: In Allegany County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Hunt. For example, the median home price in Hunt is $84,500, with tax bills ranging significantly across the county. Zip code 14846 has the highest median home price at $84,500.
Property Tax Assessment Values Across Hunt, Allegany County, New York
Source: Ownwell
$46,700
$83,018
$119,336
Median Hunt Market Value
$84,500
Median Allegany County Market Value
$72,000
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Hunt, Allegany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14846 | $34,540 | $55,700 | $84,500 | $125,700 | $162,360 |
Source: Ownwell
Property Tax Bills Across Hunt, Allegany County, New York
Median Hunt Tax Bill
$3,106
Median Allegany County Tax Bill
$2,710
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Hunt, Allegany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14846 | $1,243 | $2,181 | $3,106 | $4,124 | $5,539 |
Source: Ownwell