Earlville, Chenango County, New York Property Taxes
Median Earlville, NY effective property tax rate: 2.92%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Earlville, NY home value: $98,510
Median annual Earlville, NY tax bill: $3,019, $619 higher than the national median property tax bill of $2,400.
How are property taxes in Chenango calculated?
Property taxes in Earlville, 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 Earlville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Earlville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Earlville, Chenango County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.92%
Estimate Property Tax Bill
$2,876
$2,669
Property Tax Rates Across Earlville, Chenango County, New York
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Earlville, located in Chenango County, NY, the effective property tax rate is a significant consideration for homeowners. With a median property tax rate of 2.92%, it stands notably higher than the national median of 1.02%. This discrepancy highlights the importance of understanding local tax obligations, as they can significantly impact overall homeownership costs. Comparatively, Earlville's rate is consistent across the county, with no variation between the highest and lowest rates. For homeowners, this consistency can offer predictability, yet the higher rate underscores the importance of exploring potential exemptions or appeals. Understanding the nuances of local property tax rates can make a substantial difference in managing your financial commitments effectively.
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 Earlville Tax Rate
2.92%
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 Chenango County Tax Rate
3.08%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Earlville, Chenango County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13332 | 2.68% | 2.68% | 2.92% | 3.29% | 3.29% |
Source: Ownwell
Property Tax Assessment Values Across Earlville, Chenango County, New York
When examining property taxes in Earlville, 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 Chenango County Assessor's Office 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 Chenango County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Earlville.
For example, the median home price in Earlville is $98,510, with tax bills ranging significantly across the county. Zip code 13332 has the highest median home price at $98,510.
Property Tax Assessment Values Across Earlville, Chenango County, New York
Source: Ownwell
$56,790
$92,270
$127,750
Median Earlville Market Value
$98,510
Median Chenango County Market Value
$92,500
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Earlville, Chenango County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13332 | $56,533 | $75,000 | $98,510 | $132,958 | $197,750 |
Source: Ownwell
Property Tax Bills Across Earlville, Chenango County, New York
In Earlville, located in Chenango County, NY, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value, which is determined by the local tax assessor. Factors influencing the assessed value include the home's market value, location, and any improvements made to the property. The median home price in Earlville is $98,510, and property tax bills can vary significantly, with the 25th percentile at $2,196 and the 75th percentile reaching $3,942. This range indicates how local factors can impact the tax burden on homeowners, often leading to bills higher than the national median of $2,400.
Ownwell assists homeowners in reducing their property tax bills by evaluating their assessment for inaccuracies and filing appeals on their behalf. By ensuring the assessed value accurately reflects the home's true market value, Ownwell can help homeowners in Earlville save on their property taxes, providing much-needed financial relief in a region where tax bills can be substantial.
Median Earlville Tax Bill
$3,019
Median Chenango County Tax Bill
$2,965
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Earlville, Chenango County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13332 | $1,539 | $2,196 | $3,019 | $3,942 | $5,537 |
Source: Ownwell