Conewango Valley, Cattaraugus County, New York Property Taxes

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

Median Conewango Valley, NY effective property tax rate: 1.67%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.

Median Conewango Valley, NY home value: $86,205

Median annual Conewango Valley, NY tax bill: $1,457, $943 lower than the national median property tax bill of $2,400.

How are property taxes in Cattaraugus calculated?

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

Last Updated March 1, 2025

Conewango Valley, Cattaraugus County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.67%

Estimate Property Tax Bill

$1,440

$1,336

Ownwell’s Conewango Valley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Conewango Valley with just two data points. By entering your property's estimated assessed value, our calculator applies Conewango Valley’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 Conewango Valley, Cattaraugus County, New York

Local government entities determine tax rates, and these can vary significantly within a state. This variation occurs because each year, counties estimate the budget needed to provide services and divide it by the total value of all taxable property in their jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essence of the annual process. In Conewango Valley, located in Cattaraugus County, NY, the effective property tax rate is 1.67%. This rate is notably higher than the national median property tax rate of 1.02%, reflecting the unique fiscal requirements and property values of the area. When comparing Conewango Valley's rate to other cities in New York and the national median, it becomes clear that property owners in this region may face higher tax obligations. Understanding these differences is crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Conewango Valley, 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 Conewango Valley Tax Rate

1.67%

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 Conewango Valley, Cattaraugus County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14726	1.36%	1.62%	1.67%	1.77%	2.25%

Source: Ownwell

Property Tax Assessment Values Across Conewango Valley, Cattaraugus County, New York

When examining property taxes in Conewango Valley, 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.

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 Conewango Valley. For example, the median home price in Conewango Valley is $86,205, with tax bills ranging significantly across the county. The zip code 14726 has the highest median home price at $86,205.

Property Tax Assessment Values Across Conewango Valley, Cattaraugus County, New York

Source: Ownwell

$60,933

$152,429

$243,924

Median Conewango Valley Market Value

$86,205

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 Conewango Valley, Cattaraugus County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14726	$28,778	$51,849	$86,205	$134,042	$197,165

Source: Ownwell

Property Tax Bills Across Conewango Valley, Cattaraugus County, New York

In Conewango Valley, located in Cattaraugus County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. In this area, the median home price is $86,205, which influences the tax bill amount. Homeowners in Conewango Valley typically see tax bills ranging from $865 at the 25th percentile to $3,083 at the 90th percentile, with a median tax bill of $1,457. This is significantly lower than the national median property tax bill of $2,400. However, even with a lower tax bill, homeowners can still benefit from ensuring they are not overpaying. Ownwell offers property tax appeal and exemption services that can help homeowners in Conewango Valley potentially reduce their tax burden. By reviewing property assessments and identifying discrepancies, Ownwell assists homeowners in securing fair and accurate property tax bills, leading to potential savings.

Property Tax Bills Across Conewango Valley, Cattaraugus County, New York

Source: Ownwell

$655

$1,844

$3,033

Median Conewango Valley Tax Bill

$1,457

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 Conewango Valley, Cattaraugus County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14726	$501	$865	$1,457	$2,184	$3,083

Source: Ownwell

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Dates

Links
Cattaraugus Assessment Review Commission
Website	maps.cattco.org