Chaffee, Cattaraugus County, New York Property Taxes

Name: Property Tax Bills Across Chaffee, Cattaraugus County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Chaffee, NY effective property tax rate: 1.34%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Chaffee, NY home value: $131,008
Median annual Chaffee, NY tax bill: $1,851, $549 lower than the national median property tax bill of $2,400.

How are property taxes in Cattaraugus calculated?

Property taxes in Chaffee, 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 Chaffee’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chaffee, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Chaffee, Cattaraugus County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.34%

Estimate Property Tax Bill

$1,756

$1,629

Ownwell’s Chaffee Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chaffee with just two data points. By entering your property's estimated assessed value, our calculator applies Chaffee’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cattaraugus County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chaffee, Cattaraugus County, New York

Local government entities determine tax rates, leading to significant variation within a state. Each county, like Cattaraugus in New York, annually estimates its budget to fund necessary services. This budget is then divided by the total assessed value of all taxable property within the county, resulting in the property tax rate. While laws and votes play a role in shaping these rates and budgets, this is the core process.

In Chaffee, located in Cattaraugus County, the effective property tax rate is 1.34%, which is above the national median of 1.02%. This rate is consistent across the county, as both the highest and lowest median tax rates are also 1.34%. When comparing Chaffee’s rate to the median property tax rates in New York and the U.S., it becomes evident that property owners in this region face relatively higher tax obligations. Understanding these rates can help property owners make informed decisions and potentially explore opportunities for appealing their assessed values or seeking exemptions.

Property Tax Rates Across Chaffee, Cattaraugus County, New York

Source: Ownwell

1.00%

1.69%

2.37%

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 Chaffee Tax Rate

1.34%

Median Effective Cattaraugus County Tax Rate

1.53%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chaffee, Cattaraugus County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14030	1.34%	1.34%	1.34%	1.34%	1.65%

Source: Ownwell

Property Tax Assessment Values Across Chaffee, Cattaraugus County, New York

When examining property taxes in Chaffee, 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 Cattaraugus 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 Cattaraugus 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 Chaffee. For example, the median home price in Chaffee is $131,008, with tax bills ranging significantly across the county. Zip code 14030 has the highest median home price at $131,008.

Property Tax Assessment Values Across Chaffee, Cattaraugus County, New York

Source: Ownwell

$60,933

$152,429

$243,924

Median Chaffee Market Value

$131,008

Median Cattaraugus County Market Value

$88,597

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chaffee, Cattaraugus County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14030	$77,558	$100,198	$131,008	$175,896	$205,827

Source: Ownwell

Property Tax Bills Across Chaffee, Cattaraugus County, New York

In Chaffee, located in Cattaraugus County, NY, property tax bills are determined based on the assessed value of a home. The local tax rate is applied to this assessed value to calculate the annual tax bill. Factors such as property location, size, and improvements can influence the assessed value. Homeowners in Chaffee face a median property tax bill of $1,851, aligning with the county's average. This is below the national median property tax bill of $2,400, offering some relief to local homeowners. However, tax bills can vary, with the 25th percentile at $1,388 and the 90th percentile reaching $3,181, indicating a significant range based on property specifics. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing assessment accuracy and ensuring homeowners are not overpaying, Ownwell helps reduce the financial burden of property taxes. This service is particularly beneficial in areas like Chaffee, where understanding local tax nuances can lead to substantial savings.

Property Tax Bills Across Chaffee, Cattaraugus County, New York

Source: Ownwell

$655

$1,844

$3,033

Median Chaffee Tax Bill

$1,851

Median Cattaraugus County Tax Bill

$1,508

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Chaffee, Cattaraugus County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14030	$1,132	$1,388	$1,851	$2,447	$3,181

Source: Ownwell

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Dates

Links
Cattaraugus Assessment Review Commission
Website	maps.cattco.org