Sidney, Delaware County, New York Property Taxes
Median Sidney, NY effective property tax rate: 3.48%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Sidney, NY home value: $101,100. Median annual Sidney, NY tax bill: $3,333, $933 higher than the national median property tax bill of $2,400.
How are property taxes in Delaware calculated?
Property taxes in Sidney, 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 Sidney’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sidney, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sidney, Delaware County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.48%
Estimate Property Tax Bill
$3,518
$3,265
Property Tax Rates Across Sidney, Delaware County, New York
Local government entities are responsible for setting property tax rates, which can vary significantly within a state. This is because each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While voting and legislation play roles in setting tax rates and budgets, this is essentially the annual process.
In Sidney, Delaware County, New York, the effective property tax rate is notably higher than both the state and national averages. This elevated rate can significantly impact homeowners, as property taxes are a substantial part of homeownership costs. In comparison to other cities in New York, Sidney stands out with its higher tax rate. Understanding these rates is crucial for homeowners, as they directly affect the affordability and long-term financial planning associated with property ownership.
When comparing Sidney’s property tax rate to the national median, it becomes apparent that local factors play a significant role in determining rates. This highlights the importance of being informed about local tax policies and how they can vary even within the same state.
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 Sidney Tax Rate
3.48%
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 Delaware County Tax Rate
2.34%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sidney, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13838 | 2.49% | 2.69% | 3.48% | 3.48% | 3.49% |
Source: Ownwell
Property Tax Assessment Values Across Sidney, Delaware County, New York
When examining property taxes in Sidney, 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 Delaware 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 Delaware 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 Sidney.
For example, the median home price in Sidney is $101,100, with tax bills ranging significantly across the county. Zip code 13838 has the highest median home price at $101,100.
Property Tax Assessment Values Across Sidney, Delaware County, New York
Source: Ownwell
$40,850
$151,075
$261,300
Median Sidney Market Value
$101,100
Median Delaware County Market Value
$129,271
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sidney, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13838 | $53,560 | $74,775 | $101,100 | $127,750 | $168,380 |
Source: Ownwell
Property Tax Bills Across Sidney, Delaware County, New York
In Sidney, Delaware County, NY, property tax bills are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, size, and condition. Homeowners in Sidney face a median property tax bill of $3,333, significantly higher than the national median of $2,400. This can place a considerable financial burden on homeowners, especially when compared to the national median property tax rate of 1.02%.
Factors such as school district funding needs and local government budgets also play a role in determining the final tax rate. With tax bills ranging from $2,439 at the 25th percentile to $5,268 at the 90th percentile, many homeowners find themselves paying more than they might expect. Here, Ownwell can assist by providing expert property tax appeal and exemption services, potentially lowering the assessed value and thus reducing the tax burden. By leveraging local expertise and knowledge, Ownwell helps homeowners achieve significant savings on their property tax bills.
Median Sidney Tax Bill
$3,333
Median Delaware County Tax Bill
$3,106
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Sidney, Delaware County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13838 | $1,539 | $2,439 | $3,333 | $4,228 | $5,268 |
Source: Ownwell