Chemung, Chemung County, New York Property Taxes
Median Chemung, NY effective property tax rate: 2.40%, significantly higher than the national median of 1.02%, but higher than the New York state median of 2.39%.
Median Chemung, NY home value: $99,750
Median annual Chemung, NY tax bill: $2,345, $55 lower than the national median property tax bill of $2,400.
How are property taxes in Chemung County calculated?
Property taxes in Chemung, 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 Chemung’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chemung, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chemung, Chemung County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.4%
Estimate Property Tax Bill
$2,394
$2,222
Ownwell’s Chemung Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chemung with just two data points.
By entering your property's estimated assessed value, our calculator applies Chemung’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 Chemung County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Chemung, Chemung County, New York
Local government entities determine tax rates, which can differ 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 legislation play roles in setting these rates and budgets, this is the core of the annual process.
In Chemung County, New York, the effective property tax rate stands at 2.40%, which is significantly higher than the national median property tax rate of 1.02%. This makes Chemung one of the areas with the highest property tax rates in the state, as well as nationwide. The property tax rate in Chemung remains consistent across different areas within the county, reflecting a uniform approach to property taxation.
When comparing Chemung's rate to the national landscape, it becomes evident that property owners in this area face a higher tax burden. This underscores the importance of understanding local tax structures and exploring potential avenues for property tax appeals and exemptions to mitigate costs.
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 Chemung Tax Rate
2.40%
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 Chemung County Tax Rate
2.93%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chemung, Chemung County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14825 | 2.34% | 2.40% | 2.40% | 2.48% | 2.48% |
Source: Ownwell
Property Tax Assessment Values Across Chemung, Chemung County, New York
When examining property taxes in Chemung, 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 Chemung 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 Chemung County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Chemung. For example, the median home price in Chemung is $99,750, with tax bills ranging significantly across the county. Zip code 14825 has the highest median home price at $99,750.
Property Tax Assessment Values Across Chemung, Chemung County, New York
Source: Ownwell
$64,286
$118,543
$172,800
Median Chemung Market Value
$99,750
Median Chemung County Market Value
$104,684
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Chemung, Chemung County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14825 | $40,950 | $68,250 | $99,750 | $141,750 | $210,920 |
Source: Ownwell
Property Tax Bills Across Chemung, Chemung County, New York
Median Chemung Tax Bill
$2,345
Median Chemung County Tax Bill
$3,435
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Chemung, Chemung County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14825 | $998 | $1,636 | $2,345 | $3,370 | $4,714 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Chemung Assessment Review Commission | |
| Website | www.arcgis.com |