Silver Creek, Chautauqua County, New York Property Taxes
Median Silver Creek, NY effective property tax rate: 2.66%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Silver Creek, NY home value: $110,145
Median annual Silver Creek, NY tax bill: $3,187, $787 higher than the national median property tax bill of $2,400.
How are property taxes in Chautauqua calculated?
Property taxes in Silver Creek, 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 Silver Creek’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Silver Creek, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Silver Creek, Chautauqua County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.66%
Estimate Property Tax Bill
$2,930
$2,719
Property Tax Rates Across Silver Creek, Chautauqua County, New York
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county estimates its required budget to provide services annually 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 essentially the annual process.
In Silver Creek, located in Chautauqua County, NY, the effective property tax rate is 2.66%, which is notably higher than the national median of 1.02%. This rate is consistent across the county, with no variation between the highest and lowest median tax rates. This means homeowners in Silver Creek face a higher tax burden compared to the national average, as well as the median property tax bill of $2400 across the U.S. Understanding these figures is crucial for property owners seeking to manage their expenses effectively and explore potential appeals or 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 Silver Creek Tax Rate
2.66%
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 Silver Creek, Chautauqua County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14136 | 2.44% | 2.47% | 2.66% | 3.38% | 3.38% |
Source: Ownwell
Property Tax Assessment Values Across Silver Creek, Chautauqua County, New York
When examining property taxes in Silver Creek, 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 the season. 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 Silver Creek.
For example, the median home price in Silver Creek is $110,145, with tax bills ranging significantly across the county. Zip code 14136 has the highest median home price at $110,145.
Property Tax Assessment Values Across Silver Creek, Chautauqua County, New York
Source: Ownwell
$42,933
$248,717
$454,500
Median Silver Creek Market Value
$110,145
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 Silver Creek, Chautauqua County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14136 | $57,971 | $81,784 | $110,145 | $152,174 | $210,145 |
Source: Ownwell
Property Tax Bills Across Silver Creek, Chautauqua County, New York
In Silver Creek, located in Chautauqua County, NY, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as property size, location, and any improvements made to the home. Homeowners in Silver Creek face a median property tax bill of $3,187, significantly higher than the national median of $2,400. This discrepancy highlights the financial impact on homeowners, who may find themselves paying more than the national average.
Ownwell assists homeowners in Silver Creek by offering property tax appeal services, potentially lowering their tax bills. Our team of experts reviews property assessments to identify inaccuracies or overvaluations. By filing successful appeals, we help homeowners reduce their assessed values and, consequently, their tax obligations. With a focus on maximizing savings, Ownwell ensures that homeowners in Silver Creek are not overpaying on their property taxes, providing peace of mind and financial relief.
Property Tax Bills Across Silver Creek, Chautauqua County, New York
Source: Ownwell
$1,485
$4,808
$8,130
Median Silver Creek Tax Bill
$3,187
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 Silver Creek, Chautauqua County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14136 | $1,591 | $2,507 | $3,187 | $4,190 | $5,632 |
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 |