Irving, New York Property Taxes
The median property tax rate in Irving, NY is 2.65%, 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 Irving, the typical annual property tax bill reaches $3,154, exceeding the national median of $2,690. Property taxes in Irving 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 Irving'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 Irving or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Irving, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.65%
Estimate Property Tax Bill
$3,245
$3,012
Ownwell’s Irving Property Tax Bill Calculator assists homeowners, real estate investors, and potential buyers in estimating their annual property taxes in Irving with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Irving to estimate your property tax bill. This valuable 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 Irving, New York
Property taxes in Irving, 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 Irving is 2.65%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Irving set these rates annually, and they can vary significantly across different neighborhoods. Each year, Irving 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. The data below compares Irving's effective property tax rate to other counties in New York and the national median. For comparison, the zip code 14081 has the highest median property tax rate of 2.65%, while the same zip code also has the lowest median tax rate of 2.65%. Understanding how these cities compare with Irving provides valuable insights into the varying tax landscape across Chautauqua County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Irving Tax Rate
2.65%
Average Chautauqua County Tax Rate
2.90%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Irving, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14081 | 2.47% | 2.65% | 2.65% | 2.65% | 2.66% |
Source: Ownwell
Property Tax Assessment Values Across Irving, New York
In Irving, 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 Chautauqua County Appraisal District 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 Irving, 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 Irving helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 14081 has the highest median tax bill, valued at $3,154.
Average Irving Assessed Value
$122,464
Average Chautauqua County Assessed Value
$91,916
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Irving, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14081 | $56,174 | $88,261 | $122,464 | $170,290 | $253,362 |
Source: Ownwell
Property Tax Bills Across Irving, New York
In Irving, located in Chautauqua County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and reflects a percentage of the property's market value. For instance, the median home price in Irving is $122,464. The tax bill can vary significantly, with the 25th percentile at $2,308 and the 75th percentile reaching $4,457. Several factors influence the tax bill, including property size, location, and any applicable exemptions. Homeowners in Irving may find their tax bills higher or lower depending on these variables. For example, the 90th percentile tax bill climbs to $6,346, indicating that some properties are taxed substantially more than others. These property taxes fund essential local services like schools, public safety, and infrastructure. Compared to the national median property tax rate of 0.99%, homeowners in Irving may experience varying financial impacts based on their specific property assessments and the local tax rate.
Average Irving Tax Bill
$3,154
Average Chautauqua County Tax Bill
$2,807
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Irving, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14081 | $1,371 | $2,308 | $3,154 | $4,457 | $6,346 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Chautauqua Assessment Review Commission | |
| Website | chautauquacounty.maps.arcgis.com |