Sheridan, Chautauqua County, New York Property Taxes
Median Sheridan, NY effective property tax rate: 2.49%, significantly higher than the national median of 1.02%, but slightly higher than the New York state median of 2.39%.
Median Sheridan, NY home value: $121,600
Median annual Sheridan, NY tax bill: $2,998, $598 higher than the national median property tax bill of $2,400.
How are property taxes in Chautauqua calculated?
Property taxes in Sheridan, 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 Sheridan’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sheridan, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sheridan, Chautauqua County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.49%
Estimate Property Tax Bill
$3,028
$2,810
Property Tax Rates Across Sheridan, Chautauqua County, New York
Local government entities are responsible for setting tax rates, which can vary significantly even within the same state. This variation is due to the annual process where each county estimates the budget needed to provide essential services and divides this by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. Although laws and votes play a role in setting these rates and budgets, this is essentially how the process unfolds each year.
In Sheridan, located in Chautauqua County, property owners experience an effective property tax rate of 2.49%. This rate is notably higher than both the New York state median and the national median property tax rate of 1.02%. With a statewide median property tax rate of 2.49%, New York stands out for having some of the highest property tax rates in the nation. This can result in substantial property tax bills for homeowners in Sheridan, compared to the national median property tax bill of $2,400. Understanding these rates can help property owners in Sheridan make informed decisions regarding property tax appeals and exemptions.
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 Sheridan Tax Rate
2.49%
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 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 Sheridan, Chautauqua County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14135 | 2.44% | 2.46% | 2.49% | 2.49% | 2.49% |
Source: Ownwell
Property Tax Assessment Values Across Sheridan, Chautauqua County, New York
When examining property taxes in Sheridan, 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.
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 Sheridan. For example, the median home price in Sheridan is $121,600, with tax bills ranging significantly across the county. Zip code 14135 has the highest median home price at $121,600.
Property Tax Assessment Values Across Sheridan, Chautauqua County, New York
Source: Ownwell
$42,933
$248,717
$454,500
Median Sheridan Market Value
$121,600
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 Sheridan, Chautauqua County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14135 | $48,750 | $87,075 | $121,600 | $150,800 | $194,420 |
Source: Ownwell
Property Tax Bills Across Sheridan, Chautauqua County, New York
Median Sheridan Tax Bill
$2,998
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 Sheridan, Chautauqua County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14135 | $1,103 | $1,853 | $2,998 | $3,760 | $4,788 |
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 |