Cape Vincent, Jefferson County, New York Property Taxes

Name: Property Tax Bills Across Cape Vincent, Jefferson County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Cape Vincent, NY effective property tax rate: 1.76%, significantly higher than the national median of 1.02%, but lower than the NY state median of 2.39%.
Median Cape Vincent, NY home value: $143,956
Median annual Cape Vincent, NY tax bill: $2,752, $352 higher than the national median property tax bill of $2,400.

How are property taxes in Jefferson calculated?

Property taxes in Cape Vincent, 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 Cape Vincent’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cape Vincent, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cape Vincent, Jefferson County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.76%

Estimate Property Tax Bill

$2,534

$2,351

Ownwell’s Cape Vincent Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cape Vincent with just two data points. By entering your property's estimated assessed value, our calculator applies Cape Vincent’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Jefferson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cape Vincent, Jefferson County, New York

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides 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. Below, you can compare Cape Vincent’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S. Cape Vincent, located in Jefferson County, has an effective property tax rate of 1.76%, which is significantly higher than the national median of 1.02%. This means homeowners in Cape Vincent are likely to pay more in property taxes compared to the average American homeowner. Understanding these rates is crucial for property owners, as it impacts the overall cost of homeownership. By appealing your property tax assessment or seeking exemptions, you may be able to reduce your tax burden and save money.

Property Tax Rates Across Cape Vincent, Jefferson County, New York

Source: Ownwell

0.69%

1.59%

2.49%

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 Cape Vincent Tax Rate

1.76%

Median Effective Jefferson County Tax Rate

1.81%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cape Vincent, Jefferson County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13618	1.76%	1.76%	1.76%	1.76%	2.36%

Source: Ownwell

Property Tax Assessment Values Across Cape Vincent, Jefferson County, New York

When examining property taxes in Cape Vincent, 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 Jefferson 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 Jefferson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Cape Vincent. For example, the median home price in Cape Vincent is $143,956, with tax bills ranging significantly across the county. 13618 has the highest median home price at $143,956.

Property Tax Assessment Values Across Cape Vincent, Jefferson County, New York

Source: Ownwell

$31,915

$230,779

$429,643

Median Cape Vincent Market Value

$143,956

Median Jefferson County Market Value

$134,468

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cape Vincent, Jefferson County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13618	$36,044	$87,774	$143,956	$226,978	$325,176

Source: Ownwell

Property Tax Bills Across Cape Vincent, Jefferson County, New York

In Cape Vincent, Jefferson County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the tax bill. The median home price in Cape Vincent is $143,956, which influences the assessed value and thus the tax bill. Homeowners in this area face property tax bills ranging from the 25th percentile at $1,666 to the 90th percentile at $5,948. The highest and lowest median tax bill recorded is $2,752, which is above the national median property tax bill of $2,400. This indicates a significant financial obligation for homeowners.

Ownwell can assist homeowners in Cape Vincent by providing property tax appeal services, potentially lowering their assessed value and tax liability. By analyzing local market conditions and assessment practices, Ownwell identifies opportunities for tax reductions, helping homeowners save money and reduce their financial burden.

Property Tax Bills Across Cape Vincent, Jefferson County, New York

Source: Ownwell

$522

$4,139

$7,755

Median Cape Vincent Tax Bill

$2,752

Median Jefferson County Tax Bill

$2,407

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Cape Vincent, Jefferson County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13618	$650	$1,666	$2,752	$4,066	$5,948

Source: Ownwell