Genesee County Property Taxes
The median property tax rate in Genesee County is 3.18%, which is significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Genesee County at $137,000, the typical annual property tax bill reaches $4,359, surpassing the national median of $2,690. Property taxes in Genesee County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Genesee County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Batavia or another part of Genesee County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Genesee County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.18%
Estimate Property Tax Bill
$4,357
$4,043
Ownwell’s Genesee Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Genesee with just 2 data points. Enter your property's estimated assessed value, our calculator applies the median tax rate in Genesee to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Genesee County, New York
Property taxes in Genesee County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Genesee County is 3.18%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Genesee County set these rates annually, and they can vary significantly between different areas within the county. Each year, Genesee County estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. The following data compares Genesee County's effective property tax rate with other areas in New York and the national median. For comparison, the city of South Byron has one of the higher property tax rates in New York at 4.05%, while the city of Akron boasts one of the lowest at 2.17%. Analyzing how Genesee County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Genesee County Tax Rate
3.18%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Genesee County, New York
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Akron | 1.55% | 1.96% | 2.17% | 2.25% | 2.72% |
Albion | 2.70% | 2.70% | 2.70% | 2.70% | 2.70% |
Alden | 1.95% | 2.25% | 2.35% | 2.35% | 2.54% |
Alexander | 2.62% | 2.99% | 3.01% | 3.01% | 3.38% |
Attica | 2.50% | 2.70% | 3.04% | 3.30% | 3.49% |
Basom | 2.72% | 3.17% | 3.27% | 3.39% | 3.60% |
Batavia | 2.25% | 2.89% | 3.18% | 3.47% | 3.58% |
Bergen | 2.78% | 3.28% | 3.59% | 3.80% | 3.90% |
Byron | 3.23% | 3.51% | 3.53% | 3.91% | 4.12% |
Corfu | 2.36% | 2.58% | 2.69% | 2.81% | 3.26% |
Darien Center | 2.35% | 2.58% | 2.68% | 2.73% | 2.89% |
East Bethany | 2.62% | 2.96% | 2.96% | 2.99% | 2.99% |
East Pembroke | 2.72% | 2.80% | 2.83% | 2.83% | 2.84% |
Elba | 3.27% | 3.63% | 3.68% | 3.89% | 4.39% |
Le Roy | 2.80% | 3.11% | 3.38% | 4.03% | 4.06% |
Linwood | 2.54% | 2.71% | 2.80% | 2.85% | 2.92% |
Medina | 3.15% | 3.28% | 3.51% | 3.74% | 3.88% |
Middleport | 1.96% | 1.99% | 2.35% | 2.97% | 3.07% |
Oakfield | 3.22% | 3.38% | 3.78% | 3.78% | 3.89% |
Pavilion | 2.54% | 2.80% | 2.80% | 2.99% | 3.28% |
South Byron | 3.93% | 3.97% | 4.05% | 4.19% | 5.89% |
Stafford | 2.94% | 3.10% | 3.23% | 3.31% | 3.47% |
Wyoming | 2.66% | 2.80% | 2.80% | 2.80% | 2.96% |
Source: Ownwell
Property Tax Assessment Values Across Genesee County, New York
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Genesee County, NY. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Genesee County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Genesee County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For example, Albion boasts the highest median tax bill at $6,074, while South Byron has the lowest at $2,765. Being aware of these valuation processes will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Genesee County, New York
Source: Ownwell
$67,800
$163,085
$258,370
Average Genesee County Assessed Value
$137,000
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Genesee County, New York
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Akron | $113,419 | $155,315 | $209,060 | $248,487 | $298,187 |
Albion | $225,000 | $225,000 | $225,000 | $225,000 | $225,000 |
Alden | $143,478 | $204,973 | $258,370 | $293,288 | $373,196 |
Alexander | $70,460 | $116,450 | $150,100 | $193,150 | $268,900 |
Attica | $76,720 | $126,000 | $156,500 | $188,500 | $241,480 |
Basom | $60,976 | $97,348 | $133,720 | $174,390 | $269,061 |
Batavia | $73,000 | $95,000 | $126,100 | $174,900 | $236,800 |
Bergen | $56,800 | $110,800 | $154,200 | $190,150 | $250,340 |
Byron | $53,320 | $86,000 | $118,750 | $164,000 | $214,960 |
Corfu | $91,274 | $137,500 | $173,913 | $233,033 | $310,548 |
Darien Center | $102,174 | $134,239 | $182,717 | $252,826 | $327,565 |
East Bethany | $66,957 | $102,853 | $141,848 | $195,734 | $274,700 |
East Pembroke | $104,540 | $121,418 | $141,300 | $166,465 | $196,178 |
Elba | $42,820 | $85,225 | $115,000 | $147,775 | $210,000 |
Le Roy | $72,289 | $100,723 | $132,530 | $177,950 | $234,940 |
Linwood | $73,740 | $79,050 | $191,000 | $305,300 | $314,840 |
Medina | $75,000 | $109,500 | $167,000 | $224,500 | $259,000 |
Middleport | $86,098 | $88,171 | $107,683 | $146,585 | $177,000 |
Oakfield | $51,500 | $78,275 | $104,000 | $138,000 | $187,700 |
Pavilion | $62,340 | $105,800 | $141,566 | $190,700 | $250,000 |
South Byron | $17,500 | $55,000 | $67,800 | $85,700 | $88,200 |
Stafford | $58,000 | $113,300 | $155,300 | $195,600 | $261,040 |
Wyoming | $107,400 | $145,708 | $178,600 | $249,326 | $320,000 |
Source: Ownwell
Property Tax Bills Across Genesee County, New York
In Genesee County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. The assessed value is a percentage of the property's market value, and this figure is then multiplied by the local tax rate to determine the tax bill. Factors such as location, property size, and improvements can influence the assessed value. For instance, the median home price in Genesee County is $137,000. Homeowners can expect their tax bills to vary significantly, with the 25th percentile tax bill at $3,185 and the 75th percentile at $5,854. The highest median tax bill in the county is found in Albion at $6,074, while South Byron has the lowest at $2,765. These tax bills can have a substantial impact on homeowners, affecting their monthly expenses and overall cost of living. Compared to the national median property tax rate of 0.99%, Genesee County's tax rates can be relatively high, underscoring the importance of understanding local tax assessments.
Average Genesee County Tax Bill
$4,359
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Genesee County, New York
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Akron | $1,892 | $3,066 | $4,478 | $5,469 | $6,830 |
Albion | $6,074 | $6,074 | $6,074 | $6,074 | $6,074 |
Alden | $3,378 | $4,600 | $5,859 | $7,113 | $8,805 |
Alexander | $2,220 | $3,477 | $4,528 | $5,790 | $7,939 |
Attica | $2,576 | $3,796 | $4,592 | $5,549 | $6,878 |
Basom | $2,084 | $3,268 | $4,158 | $5,459 | $7,253 |
Batavia | $1,977 | $2,856 | $3,914 | $5,472 | $7,347 |
Bergen | $1,493 | $4,031 | $5,516 | $6,734 | $8,394 |
Byron | $2,089 | $3,175 | $4,374 | $5,953 | $7,343 |
Corfu | $2,352 | $3,745 | $4,828 | $6,291 | $8,158 |
Darien Center | $2,744 | $3,599 | $4,864 | $6,523 | $8,450 |
East Bethany | $1,864 | $2,927 | $4,112 | $5,631 | $7,752 |
East Pembroke | $2,962 | $3,360 | $3,720 | $4,570 | $5,464 |
Elba | $1,849 | $3,235 | $4,310 | $5,392 | $7,180 |
Le Roy | $2,643 | $3,648 | $4,628 | $6,003 | $7,768 |
Linwood | $1,976 | $1,986 | $5,203 | $8,699 | $9,212 |
Medina | $2,720 | $3,703 | $5,341 | $6,978 | $7,961 |
Middleport | $1,976 | $2,059 | $2,770 | $4,348 | $4,670 |
Oakfield | $1,944 | $2,907 | $3,761 | $4,868 | $6,395 |
Pavilion | $1,756 | $3,029 | $4,208 | $5,427 | $6,955 |
South Byron | $1,022 | $2,304 | $2,765 | $3,441 | $3,497 |
Stafford | $1,733 | $3,646 | $5,018 | $6,324 | $8,328 |
Wyoming | $3,012 | $4,018 | $5,082 | $6,896 | $8,274 |
Source: Ownwell