Delevan, Cattaraugus County, New York Property Taxes

Local government entities set 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 there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Delevan, located in Cattaraugus County, NY, has an effective property tax rate of 1.34%. This rate is notably higher than the national median property tax rate of 1.02%, reflecting the local government's budgetary needs and property values. When comparing Delevan's rate to other cities in New York, it mirrors the state’s median tax rate, highlighting regional consistency. Homeowners in Delevan, therefore, face higher property tax bills compared to the national median, which is $2,400. Understanding these rates can help property owners in Delevan make informed decisions about appealing their property taxes or seeking exemptions. By staying informed, residents can ensure they are not overpaying and can potentially reduce their tax burden.

In Delevan, located in Cattaraugus County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $112,833, homeowners in Delevan face a median tax bill of $1,592, which is slightly below the national median property tax bill of $2,400. This tax bill is influenced by various factors, including the assessed value of the property and local tax levies. The tax bill can range significantly, with the 25th percentile at $777 and the 90th percentile reaching $3,316, reflecting differences in property values and tax rates within the area.

For homeowners, these taxes can represent a significant financial obligation. Ownwell offers valuable assistance by providing property tax appeal and exemption services. By leveraging their expertise, homeowners in Delevan can potentially reduce their tax liabilities. Ownwell's team works diligently to ensure that property assessments are fair, helping to identify any discrepancies that could lead to savings on property tax bills. This service can be pivotal in easing the financial burden on homeowners.