Lily Dale, Chautauqua County, New York Property Taxes

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

Median Lily Dale, NY effective property tax rate: 3.34%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Lily Dale, NY home value: $42,933
Median annual Lily Dale, NY tax bill: $1,485, $915 lower than the national median property tax bill of $2,400.

How are property taxes in Chautauqua calculated?

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

Last Updated March 1, 2025

Lily Dale, Chautauqua County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.34%

Estimate Property Tax Bill

$1,434

$1,331

Ownwell’s Lily Dale Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lily Dale with just two data points.

By entering your property's estimated assessed value, our calculator applies Lily Dale’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 Lily Dale, Chautauqua 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, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell. In Lily Dale, located in Chautauqua County, NY, the effective property tax rate is significantly higher than the national median of 1.02%. This reflects the broader trend in New York, where property tax rates often exceed the national average. In comparison to other cities within the state, Lily Dale's property tax rate is among the highest, with Chautauqua County's rates at the upper end of the spectrum. This highlights the importance of understanding local tax dynamics, as they can significantly impact property owners. For those in Lily Dale, exploring property tax appeals or exemptions could be a valuable step in managing these costs.

Property Tax Rates Across Lily Dale, 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 Lily Dale Tax Rate

3.34%

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 Lily Dale, Chautauqua County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14752	2.73%	3.04%	3.34%	3.77%	4.01%

Source: Ownwell

Property Tax Assessment Values Across Lily Dale, Chautauqua County, New York

When examining property taxes in Lily Dale, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value represents what a willing buyer would pay to a willing seller in an open and competitive market, influenced by location, property condition, and economic trends. The Chautauqua County appraisal district estimates this value for tax purposes. The assessed value, on the other hand, is the market value minus any applicable exemptions or limits determined by local laws. This assessed value is used to calculate your property taxes or the amount multiplied by your tax rate to determine your tax bill.

In Chautauqua County, assessment notices are sent in the spring each year, typically arriving in your mailbox by the middle of May. Each property owner receives an assessment notice containing both market and assessed values, along with an estimate of the property tax bill. By understanding how these values are determined, property owners can better navigate their tax responsibilities.

For example, the median home price in Lily Dale is $42,933, with tax bills ranging significantly across the county. The zip code 14752 has the highest median home price at $42,933, and consequently, the median tax bill is $1,485.

Property Tax Assessment Values Across Lily Dale, Chautauqua County, New York

Source: Ownwell

$42,933

$248,717

$454,500

Median Lily Dale Market Value

$42,933

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 Lily Dale, Chautauqua County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14752	$25,413	$30,000	$42,933	$64,634	$104,160

Source: Ownwell

Property Tax Bills Across Lily Dale, Chautauqua County, New York

In Lily Dale, located in Chautauqua County, NY, property tax bills are calculated based on the assessed value of a home, which is a percentage of the market value determined by local assessors. The median home price in Lily Dale is $42,933, and property tax bills can vary significantly. For instance, homeowners in the 25th percentile pay around $1,151, while those in the 90th percentile face bills as high as $3,104. The highest median tax bill in the area is $1,485, which is notably higher than the national median property tax bill of $2,400. These taxes fund essential community services such as schools, infrastructure, and emergency services, impacting homeowners' monthly expenses.

Ownwell assists homeowners in Lily Dale by providing expert property tax appeal and exemption services. By analyzing your property’s assessed value, Ownwell identifies potential discrepancies and works to lower your tax bill. This service can lead to significant savings, ensuring you only pay what is fair and accurate based on your property’s true value.

Property Tax Bills Across Lily Dale, Chautauqua County, New York

Source: Ownwell

$1,485

$4,808

$8,130

Median Lily Dale Tax Bill

$1,485

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 Lily Dale, Chautauqua County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14752	$1,030	$1,151	$1,485	$2,066	$3,104

Source: Ownwell

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Dates

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