Batavia, New York Property Taxes
The median property tax rate in Batavia, NY is 3.18%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Batavia at $126,100, the typical annual property tax bill reaches $3,914, exceeding the national median of $2,690. Property taxes in Batavia are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Batavia's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Batavia or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Batavia, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.18%
Estimate Property Tax Bill
$4,010
$3,965
Ownwell’s Batavia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Batavia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Batavia to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Batavia, New York
Property taxes in Batavia, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Batavia is 3.18%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Batavia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Batavia estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Batavia's effective property tax rate to other areas in New York and the national median. For comparison, the 14020 zip code has the highest median property tax rate of 3.18%, while the same zip code also has the lowest median tax rate of 3.18%. Understanding how these cities compare with Batavia provides valuable insights into the varying tax landscape across Genesee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Batavia Tax Rate
3.18%
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 Batavia, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14020 | 2.25% | 2.89% | 3.18% | 3.47% | 3.58% |
Source: Ownwell
Property Tax Assessment Values Across Batavia, New York
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Batavia, New York. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the local appraisal district for tax purposes. In contrast, the assessed value 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. In Batavia, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. The median home price in Batavia is $126,100, with tax bills ranging significantly. The highest median tax bill is $3,914 in zip code 14020, which is also the lowest median tax bill. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Batavia Assessed Value
$126,100
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 Batavia, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14020 | $73,000 | $95,000 | $126,100 | $174,900 | $236,800 |
Source: Ownwell
Property Tax Bills Across Batavia, New York
Property tax bills in Batavia, Genesee County, NY, are calculated based on the assessed value of a property, which reflects its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Several factors influence the final tax bill, including property size, location, and any applicable exemptions or deductions. For homeowners in Batavia, the median home price is $126,100. Tax bills can vary significantly, with the 25th percentile at $2,856 and the 75th percentile reaching $5,472. The 90th percentile tax bill is notably higher at $7,347. The highest median tax bill in the area is $3,914, found in the 14020 zip code. These property tax rates are above the national median rate of 0.99%, impacting homeowners by requiring a larger portion of their budget to cover these expenses. Understanding these factors can help homeowners anticipate their financial obligations and plan accordingly.
Average Batavia Tax Bill
$3,914
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 Batavia, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14020 | $1,977 | $2,856 | $3,914 | $5,472 | $7,347 |
Source: Ownwell