Cayuga, Cayuga County, New York Property Taxes

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

Median Cayuga, NY effective property tax rate: 2.52%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Cayuga, NY home value: $155,100
Median annual Cayuga, NY tax bill: $3,811, $1,411 higher than the national median property tax bill of $2,400.

How are property taxes in Cayuga calculated?

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

Last Updated March 1, 2025

Cayuga, Cayuga County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.52%

Estimate Property Tax Bill

$3,909

$3,627

Ownwell’s Cayuga Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cayuga with just two data points. By entering your property's estimated assessed value, our calculator applies Cayuga’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 Cayuga County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cayuga, Cayuga County, New York

Local government entities set tax rates, which can vary widely within a state. Each county 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, in a nutshell, this is the annual process.

In Cayuga, NY, the effective property tax rate stands at 2.52%, which is notably higher than the national median property tax rate of 1.02%. This means property owners in Cayuga are paying significantly more compared to the national average. The median property tax bill in Cayuga is also expected to exceed the national median of $2400, reflecting the higher tax rate. Property owners in Cayuga should be aware of these figures as they consider their property tax obligations and potential appeals.

Comparing Cayuga to other cities in New York, it becomes evident that the property tax rate here is on the higher end, making it crucial for property owners to explore possible exemptions and appeal options to manage their tax burden effectively.

Property Tax Rates Across Cayuga, Cayuga County, New York

Source: Ownwell

1.53%

2.22%

2.91%

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 Cayuga Tax Rate

2.52%

Median Effective Cayuga County Tax Rate

2.43%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cayuga, Cayuga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13034	2.11%	2.17%	2.52%	2.78%	2.78%

Source: Ownwell

Property Tax Assessment Values Across Cayuga, Cayuga County, New York

When examining property taxes in Cayuga, 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 Cayuga 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 Cayuga 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 Cayuga. For example, the median home price in Cayuga is $155,100, with tax bills ranging significantly across the county. Zip code 13034 has the highest median home price at $155,100.

Property Tax Assessment Values Across Cayuga, Cayuga County, New York

Source: Ownwell

$92,097

$236,531

$380,964

Median Cayuga Market Value

$155,100

Median Cayuga County Market Value

$136,353

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cayuga, Cayuga County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13034	$61,697	$103,333	$155,100	$250,300	$405,581

Source: Ownwell

Property Tax Bills Across Cayuga, Cayuga County, New York

In Cayuga, 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 calculate the tax bill. Factors such as property size, location, and improvements can influence the assessed value. The median home price in Cayuga is $155,100, with tax bills ranging from $2,564 at the 25th percentile to $8,597 at the 90th percentile. The median property tax bill stands at $3,811, significantly higher than the national median of $2,400. This high tax rate can place a substantial financial burden on homeowners, making it crucial to ensure that assessments are accurate. Ownwell assists homeowners by reviewing property assessments and identifying discrepancies that could lead to overpayment. By filing appeals and applying for exemptions, Ownwell can help reduce property tax bills, providing significant savings and alleviating the financial pressure on homeowners in Cayuga.

Property Tax Bills Across Cayuga, Cayuga County, New York

Source: Ownwell

$2,191

$5,922

$9,652

Median Cayuga Tax Bill

$3,811

Median Cayuga County Tax Bill

$3,328

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Cayuga, Cayuga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13034	$1,598	$2,564	$3,811	$5,745	$8,597

Source: Ownwell

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Dates

Links
Cayuga Assessment Review Commission
Website	ccgis.cayugacounty.us