South Byron, Genesee County, New York Property Taxes
Median South Byron, NY effective property tax rate: 4.05%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median South Byron, NY home value: $67,800
Median annual South Byron, NY tax bill: $2,765, $365 higher than the national median property tax bill of $2,400.
How are property taxes in Genesee calculated?
Property taxes in South Byron, 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 South Byron’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in South Byron, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
South Byron, Genesee County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.05%
Estimate Property Tax Bill
$2,746
$2,548
Property Tax Rates Across South Byron, Genesee County, New York
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual process of estimating its required budget to provide services, then dividing 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 South Byron, Genesee County, the effective property tax rate is notably higher than both the New York state median and the national median. With a rate of 4.05%, South Byron stands out as having one of the highest property tax rates in the region. This is significantly above the national median property tax rate of 1.02%. Consequently, property owners in South Byron might find themselves with a higher property tax bill compared to the national median of $2400. Understanding these differences is crucial for property owners considering tax appeals or exemptions.
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 South Byron Tax Rate
4.05%
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 South Byron, Genesee County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14557 | 3.93% | 3.97% | 4.05% | 4.19% | 5.89% |
Source: Ownwell
Property Tax Assessment Values Across South Byron, Genesee County, New York
When examining property taxes in South Byron, 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 South Byron.
For example, the median home price in South Byron is $67,800, with tax bills ranging significantly across the county. Zip code 14557 has the highest median home price at $67,800.
Property Tax Assessment Values Across South Byron, Genesee County, New York
Source: Ownwell
$67,800
$163,085
$258,370
Median South Byron Market Value
$67,800
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 South Byron, Genesee County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14557 | $17,500 | $55,000 | $67,800 | $85,700 | $88,200 |
Source: Ownwell
Property Tax Bills Across South Byron, Genesee County, New York
In South Byron, located in Genesee County, NY, property tax bills are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by local assessors and reflects the market value of the property. The median home price in South Byron is $67,800, which plays a significant role in determining tax bills. The tax bill can range widely, with the 25th percentile at $2,304 and the 75th percentile at $3,441, indicating a substantial variation depending on property specifics and assessment accuracy. Compared to the national median property tax bill of $2,400, South Byron’s tax bills can be notably higher, impacting homeowners' budgets significantly.
Ownwell offers a solution for homeowners looking to reduce their property tax burden. By providing expert property tax appeal and exemption services, Ownwell can identify discrepancies in property assessments and assist homeowners in securing potential savings. This service not only helps in aligning tax bills with fair property assessments but also ensures that homeowners are not overpaying, thus enhancing financial well-being.
Median South Byron Tax Bill
$2,765
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 South Byron, Genesee County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14557 | $1,022 | $2,304 | $2,765 | $3,441 | $3,497 |
Source: Ownwell