East Bethany, Genesee County, New York Property Taxes
Median East Bethany, NY effective property tax rate: 2.96%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median East Bethany, NY home value: $141,848
Median annual East Bethany, NY tax bill: $4,112, $1,712 higher than the national median property tax bill of $2,400.
How are property taxes in Genesee calculated?
Property taxes in East Bethany, 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 East Bethany’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in East Bethany, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
East Bethany, Genesee County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.96%
Estimate Property Tax Bill
$4,199
$3,896
Property Tax Rates Across East Bethany, Genesee County, New York
Local government entities set tax rates, and these can vary significantly 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, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.
In East Bethany, located in Genesee County, NY, property owners experience a property tax rate that stands out when compared to other cities in New York and the national landscape. The median property tax rate in New York is considerably higher than the national median of 1.02%. This means residents in East Bethany pay a significant amount more in property taxes compared to the average homeowner across the U.S., where the median property tax bill is $2,400. Understanding these differences can be crucial for property owners in managing their finances and planning for future expenses.
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 East Bethany Tax Rate
2.96%
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 Genesee County Tax Rate
3.18%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across East Bethany, Genesee County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14054 | 2.62% | 2.96% | 2.96% | 2.99% | 2.99% |
Source: Ownwell
Property Tax Assessment Values Across East Bethany, Genesee County, New York
When examining property taxes in East Bethany, 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 Genesee 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 Genesee 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 East Bethany.
For example, the median home price in East Bethany is $141,848, with tax bills ranging significantly across the county. Zip code 14054 has the highest median home price at $141,848.
Property Tax Assessment Values Across East Bethany, Genesee County, New York
Source: Ownwell
$67,800
$163,085
$258,370
Median East Bethany Market Value
$141,848
Median Genesee County Market Value
$137,000
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across East Bethany, Genesee County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14054 | $66,957 | $102,853 | $141,848 | $195,734 | $274,700 |
Source: Ownwell
Property Tax Bills Across East Bethany, Genesee County, New York
Median East Bethany Tax Bill
$4,112
Median Genesee County Tax Bill
$4,359
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across East Bethany, Genesee County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14054 | $1,864 | $2,927 | $4,112 | $5,631 | $7,752 |
Source: Ownwell