Kennedy, Chautauqua County, New York Property Taxes

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

Median Kennedy, NY effective property tax rate: 3.06%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Kennedy, NY home value: $77,200
Median annual Kennedy, NY tax bill: $2,315, $85 lower than the national median property tax bill of $2,400.

How are property taxes in Chautauqua calculated?

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

Last Updated March 1, 2025

Kennedy, Chautauqua County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.06%

Estimate Property Tax Bill

$2,362

$2,192

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

Property Tax Rates Across Kennedy, Chautauqua County, New York

Local government entities set tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

In Kennedy, located in Chautauqua County, New York, the effective property tax rate is a noteworthy 3.06%. This rate is considerably higher than the national median property tax rate of 1.02%. Such a difference highlights how property taxes can vary not only from state to state but also within different regions of the same state. With the national median property tax bill being $2,400, homeowners in Kennedy may find themselves paying significantly more due to the higher tax rate. This comparison with the national figures underscores the importance of understanding local property tax rates and how they impact overall housing costs.

Property Tax Rates Across Kennedy, Chautauqua County, New York

Source: Ownwell

1.78%

3.18%

4.59%

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 Kennedy Tax Rate

3.06%

Median Effective Chautauqua County Tax Rate

2.90%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kennedy, Chautauqua County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14747	2.17%	3.00%	3.06%	3.31%	3.77%

Source: Ownwell

Property Tax Assessment Values Across Kennedy, Chautauqua County, New York

When examining property taxes in Kennedy, 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 Chautauqua 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 Chautauqua 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 Kennedy. For example, the median home price in Kennedy is $77,200, with tax bills ranging significantly across the county. Zip code 14747 has the highest median home price at $77,200.

Property Tax Assessment Values Across Kennedy, Chautauqua County, New York

Source: Ownwell

$42,933

$248,717

$454,500

Median Kennedy Market Value

$77,200

Median Chautauqua County Market Value

$91,916

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kennedy, Chautauqua County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14747	$30,500	$51,100	$77,200	$113,000	$160,900

Source: Ownwell

Property Tax Bills Across Kennedy, Chautauqua County, New York

In Kennedy, located in Chautauqua County, NY, property tax bills are determined by assessing the value of a home and applying the local tax rate. With a median home price of $77,200, the tax burden can vary significantly. The 25th percentile of tax bills is $1,511, while the 75th percentile reaches $3,485, and the 90th percentile can climb to $4,891. This variance highlights the impact of property assessments and local tax rates on homeowners. Kennedy's property tax bills can be substantial, especially when compared to the national median property tax rate of 1.02% and a median bill of $2,400. Homeowners in Kennedy can find their tax obligations to be a significant financial consideration. Ownwell can assist by identifying potential savings through appealing assessed values and securing exemptions. By leveraging expertise in property tax laws and local market conditions, Ownwell helps homeowners reduce their tax liabilities, ensuring they only pay their fair share and potentially saving hundreds or even thousands of dollars annually.

Property Tax Bills Across Kennedy, Chautauqua County, New York

Source: Ownwell

$1,485

$4,808

$8,130

Median Kennedy Tax Bill

$2,315

Median Chautauqua County Tax Bill

$2,807

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Kennedy, Chautauqua County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14747	$866	$1,511	$2,315	$3,485	$4,891

Source: Ownwell

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Dates

Links
Chautauqua Assessment Review Commission
Website	chautauquacounty.maps.arcgis.com