Little Valley, Cattaraugus County, New York Property Taxes

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

Median Little Valley, NY effective property tax rate: 1.52%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Little Valley, NY home value: $92,830
Median annual Little Valley, NY tax bill: $1,409, $991 lower than the national median property tax bill of $2,400.

How are property taxes in Cattaraugus calculated?

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

Last Updated March 1, 2025

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

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.52%

Estimate Property Tax Bill

$1,411

$1,309

Ownwell’s Little Valley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Little Valley with just two data points.

By entering your property's estimated assessed value, our calculator applies Little 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 Little Valley, Cattaraugus County, New York

Local government entities set tax rates, which can vary widely within a state. This variation occurs 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. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Little Valley, located in Cattaraugus County, NY, the effective property tax rate is 1.52%. This rate is notably higher than the national median property tax rate of 1.02%. When comparing Little Valley to other cities in New York, it is important to note that the tax rate here is consistent with the highest and lowest median tax rates in the state, which both stand at 1.52%. Residents of Little Valley pay considerably more in property taxes compared to the national median property tax bill of $2,400. Understanding these rates can help property owners make informed decisions about their property tax appeals and exemptions.

Property Tax Rates Across Little 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 Little Valley Tax Rate

1.52%

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 Little Valley, Cattaraugus County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14755	1.27%	1.48%	1.52%	1.53%	1.69%

Source: Ownwell

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

When examining property taxes in Little 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. 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 Little Valley. For example, the median home price in Little Valley is $92,830, with tax bills ranging significantly across the county. 14755 has the highest median home price at $92,830.

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

Source: Ownwell

$60,933

$152,429

$243,924

Median Little Valley Market Value

$92,830

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 Little Valley, Cattaraugus County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14755	$35,100	$59,806	$92,830	$142,452	$200,780

Source: Ownwell

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

In Little 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. The median home price in Little Valley is $92,830, and property tax bills can vary significantly. Tax bills at the 25th percentile are around $892, while those at the 75th percentile reach $2,182, and at the 90th percentile, they climb to $3,094. These figures highlight the variability in property tax burdens, which can be influenced by factors such as property size, location, and local tax rates. The median tax bill in Little Valley is $1,409, which is below the national median of $2,400. Homeowners can find these costs burdensome, especially when their property is over-assessed. Ownwell helps homeowners by offering property tax appeal services, potentially reducing their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell ensures that homeowners are not overpaying, helping them save money and providing peace of mind.

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

Source: Ownwell

$655

$1,844

$3,033

Median Little Valley Tax Bill

$1,409

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 Little Valley, Cattaraugus County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14755	$529	$892	$1,409	$2,182	$3,094

Source: Ownwell

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Dates

Links
Cattaraugus Assessment Review Commission
Website	maps.cattco.org