Martville, Cayuga County, New York Property Taxes

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

Median Martville, NY effective property tax rate: 2.59%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Martville, NY home value: $96,266
Median annual Martville, NY tax bill: $2,338, $62 lower than the national median property tax bill of $2,400.

How are property taxes in Cayuga calculated?

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

Last Updated March 1, 2025

Martville, Cayuga County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.59%

Estimate Property Tax Bill

$2,493

$2,314

Ownwell’s Martville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Martville with just two data points. By entering your property's estimated assessed value, our calculator applies Martville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Cayuga 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 Martville, Cayuga County, New York

Local government entities set tax rates, which can vary widely within a state. This occurs because each county annually estimates its budget to provide essential 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 Martville, Cayuga County, NY, the effective property tax rate stands out when compared to other cities in the state. The median property tax rate in this area is significantly higher than the national median property tax rate of 1.02%. This difference highlights the importance of understanding local tax assessments, as they can greatly impact property owners' annual expenses. By comparing Martville’s effective property tax rate to other cities in New York and the national median, property owners can gain insight into how their taxes stack up and explore potential savings through appeals and exemptions. Understanding these rates is crucial for homeowners seeking to manage their property tax bills effectively.

Property Tax Rates Across Martville, 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 Martville Tax Rate

2.59%

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 Martville, Cayuga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13111	1.48%	2.25%	2.59%	2.91%	2.91%

Source: Ownwell

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

When examining property taxes in Martville, 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 Assessor's Office 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 Martville. For example, the median home price in Martville is $96,266, with tax bills ranging significantly across the county. 13111 has the highest median home price at $96,266.

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

Source: Ownwell

$92,097

$236,531

$380,964

Median Martville Market Value

$96,266

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 Martville, Cayuga County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13111	$37,051	$62,575	$96,266	$141,437	$202,333

Source: Ownwell

Property Tax Bills Across Martville, Cayuga County, New York

In Martville, located in Cayuga County, NY, property tax bills are determined by the assessed value of a property, which is then multiplied by the local tax rate. This assessed value is a percentage of the market value, reflecting the property's worth as determined by the local assessor. Factors such as property size, location, and improvements can influence this assessment. Homeowners in Martville face a median property tax bill of $2,338, which is slightly below the national median of $2,400. However, the tax burden can vary significantly, with bills ranging from $1,366 at the 25th percentile to $5,412 at the 90th percentile. These variations can pose challenges for homeowners, especially if their property's assessed value increases unexpectedly. Ownwell offers valuable assistance by providing expert property tax appeal services. By analyzing local property assessments and market trends, Ownwell can identify discrepancies and potentially reduce a homeowner's tax liability, ensuring they pay only their fair share. This service can lead to significant savings and provide peace of mind for property owners.

Property Tax Bills Across Martville, Cayuga County, New York

Source: Ownwell

$2,191

$5,922

$9,652

Median Martville Tax Bill

$2,338

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 Martville, Cayuga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13111	$785	$1,366	$2,338	$3,483	$5,412

Source: Ownwell

Don't miss the deadline to file a grievance!

Dates

Links
Cayuga Assessment Review Commission
Website	ccgis.cayugacounty.us