Sardinia, New York Property Taxes
The median property tax rate in Sardinia, NY is 1.34%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Sardinia at $240,542, the typical annual property tax bill reaches $3,218, exceeding the national median of $2,690. Property taxes in Sardinia are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Sardinia's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Sardinia or another part of Cattaraugus County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Sardinia, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.34%
Estimate Property Tax Bill
$3,223
$3,187
Ownwell’s Sardinia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Sardinia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Sardinia to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Sardinia, New York
Property taxes in Sardinia, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Sardinia is 1.34%, significantly higher than the U.S. national median of 0.99%. Local government entities within Sardinia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Sardinia estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. Understanding how this process works helps homeowners gain a clearer picture of their property tax obligations relative to neighboring areas within Cattaraugus County. For comparison, the zip code 14134 has both the highest and lowest median property tax rate of 1.34%, indicating uniformity in tax rates across the region. This consistency provides valuable insights into the tax landscape in Sardinia, helping homeowners understand their property tax obligations relative to other areas in Cattaraugus County.
Average Sardinia Tax Rate
1.34%
Average Cattaraugus County Tax Rate
1.53%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Sardinia, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14134 | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% |
Source: Ownwell
Property Tax Assessment Values Across Sardinia, New York
In Sardinia, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Cattaraugus County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Sardinia, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Sardinia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Sardinia are both $3,218, found in the 14134 zip code.
Average Sardinia Assessed Value
$240,542
Average Cattaraugus County Assessed Value
$88,597
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Sardinia, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14134 | $196,508 | $213,021 | $240,542 | $300,521 | $336,508 |
Source: Ownwell
Property Tax Bills Across Sardinia, New York
In Sardinia, property tax bills are calculated based on the assessed value of the property, which is determined by local assessors. The assessed value is a percentage of the property's market value. Factors such as location, property size, and improvements can influence this assessment. In Cattaraugus County, where Sardinia is located, the median home price is $240,542. Homeowners in Sardinia can expect their property tax bills to vary significantly. The 25th percentile tax bill stands at $2,850, while the 75th percentile reaches $4,021. At the 90th percentile, tax bills can go as high as $4,502. The highest median tax bill in the area is $3,218, recorded in the 14134 zip code. These property taxes directly impact homeowners by contributing to local services such as schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, Sardinia’s property tax rates can be relatively high, affecting the overall cost of homeownership in the area.
Average Sardinia Tax Bill
$3,218
Average Cattaraugus County Tax Bill
$1,508
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Sardinia, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14134 | $2,629 | $2,850 | $3,218 | $4,021 | $4,502 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Cattaraugus Assessment Review Commission | |
| Website | maps.cattco.org |