Horseheads, Chemung County, New York Property Taxes

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

Median Horseheads, NY effective property tax rate: 2.64%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Horseheads, NY home value: $153,800. Median annual Horseheads, NY tax bill: $4,098, $1,698 higher than the national median property tax bill of $2,400.

How are property taxes in Chemung County calculated?

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

Last Updated March 1, 2025

Horseheads, Chemung County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.64%

Estimate Property Tax Bill

$4,060

$3,768

Ownwell’s Horseheads Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Horseheads with just two data points. By entering your property's estimated assessed value, our calculator applies Horseheads’ median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Chemung 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 Horseheads, Chemung County, New York

Local government entities are responsible for setting tax rates, which can differ significantly across a state. This variation is due to each county's annual estimation of the budget needed to provide essential services. This budget is then divided by the total value of all taxable property within the county's jurisdiction, resulting in the property tax rate. Although votes and legislation play a role in determining tax rates and budgets, this is the basic annual procedure.

In Horseheads, Chemung County, NY, the effective property tax rate is notably higher than the national median. The median property tax rate in Chemung County is 2.64%, which is significantly above the national median of 1.02%. This means homeowners in Horseheads pay a larger portion of their property's assessed value in taxes compared to many other regions in the U.S. This higher rate can be attributed to the county's budgetary needs and the total assessed value of the property within its borders. Understanding these rates can help property owners in Horseheads make informed decisions about their real estate investments and potential tax appeals.

Property Tax Rates Across Horseheads, Chemung County, New York

Source: Ownwell

2.29%

3.58%

4.87%

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 Horseheads Tax Rate

2.64%

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 Horseheads, Chemung County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14845	2.42%	2.48%	2.64%	2.94%	2.94%

Source: Ownwell

Property Tax Assessment Values Across Horseheads, Chemung County, New York

When examining property taxes in Horseheads, 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 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 Horseheads.

For example, the median home price in Horseheads is $153,800, with tax bills ranging significantly across the county. Zip code 14845 has the highest median home price at $153,800, which aligns with the national median property tax bill of $2,400.

Property Tax Assessment Values Across Horseheads, Chemung County, New York

Source: Ownwell

$64,286

$118,543

$172,800

Median Horseheads Market Value

$153,800

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 Horseheads, Chemung County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14845	$82,620	$115,400	$153,800	$207,865	$302,763

Source: Ownwell

Property Tax Bills Across Horseheads, Chemung County, New York

In Horseheads, located in Chemung County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in this area is $153,800. Homeowners in Horseheads face a median property tax bill of $4,098, significantly higher than the national median property tax bill of $2,400. This discrepancy highlights the region's higher tax burden. Various factors influence the tax bill, including the property's assessed value and the local tax rate. Homeowners with tax bills in the 25th percentile pay around $3,141, while those in the 75th percentile face bills of approximately $5,437. The tax burden can significantly impact homeowners' finances, especially when compared to the national median property tax rate of 1.02%. Ownwell offers property tax appeal and exemption services that can help homeowners in Horseheads reduce their tax bills. By leveraging expert knowledge and local insights, Ownwell assists homeowners in navigating the complexities of property tax assessments, potentially leading to substantial savings.

Property Tax Bills Across Horseheads, Chemung County, New York

Source: Ownwell

$2,345

$3,620

$4,894

Median Horseheads Tax Bill

$4,098

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 Horseheads, Chemung County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14845	$2,239	$3,141	$4,098	$5,437	$7,768

Source: Ownwell

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Dates

Links
Chemung Assessment Review Commission
Website	www.arcgis.com