Oswego, Cayuga County, New York Property Taxes
Median Oswego, NY effective property tax rate: 1.53%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Oswego, NY home value: $126,234
Median annual Oswego, NY tax bill: $2,760, $360 higher than the national median property tax bill of $2,400.
How are property taxes in Cayuga calculated?
Property taxes in Oswego, 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 Oswego’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Oswego, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Oswego, Cayuga County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.53%
Estimate Property Tax Bill
$1,931
$1,792
Property Tax Rates Across Oswego, Cayuga County, New York
Local government entities set tax rates, which can vary widely within a state. Why? Annually, 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 votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Oswego, located in Cayuga County, NY, property owners face a median property tax rate of 1.53%, which is notably higher than the national median of 1.02%. This rate is consistent across the county, as Oswego shares the same rate with other areas in Cayuga County. Despite the higher rate, it underscores the county's commitment to maintaining essential services and infrastructure. Compared to the national median property tax bill of $2,400, property owners in Oswego may experience a higher financial burden. However, these taxes fund crucial local services such as schools, emergency services, and public works, contributing to the overall quality of life in the community.
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 Oswego Tax Rate
1.53%
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 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 Oswego, Cayuga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13126 | 1.10% | 1.21% | 1.53% | 3.26% | 3.44% |
Source: Ownwell
Property Tax Assessment Values Across Oswego, Cayuga County, New York
When examining property taxes in Oswego, 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.
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 Oswego. For example, the median home price in Oswego is $126,234, with tax bills ranging significantly across the county. Zip code 13126 has the highest median home price at $126,234.
Property Tax Assessment Values Across Oswego, Cayuga County, New York
Source: Ownwell
$92,097
$236,531
$380,964
Median Oswego Market Value
$126,234
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 Oswego, Cayuga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13126 | $57,840 | $90,772 | $126,234 | $229,105 | $494,827 |
Source: Ownwell
Property Tax Bills Across Oswego, Cayuga County, New York
Median Oswego Tax Bill
$2,760
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 Oswego, Cayuga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13126 | $1,324 | $1,895 | $2,760 | $4,214 | $5,470 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Cayuga Assessment Review Commission | |
| Website | ccgis.cayugacounty.us |