Avon, New York Property Taxes
The median property tax rate in Avon, NY is 3.02%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With a median home value of $191,200, the typical annual property tax bill in Avon reaches $5,912, far exceeding the national median of $2,690. Property taxes in Avon are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Avon'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 Avon or another part of Livingston County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Avon, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.02%
Estimate Property Tax Bill
$5,774
$5,709
Ownwell’s Avon Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Avon with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Avon 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 Avon, New York
Property taxes in Avon, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Avon is 3.02%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Avon set these rates annually, and they can vary significantly across different neighborhoods. Each year, Avon 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 Avon's effective property tax rate to other counties in New York and the national median. For comparison, the 14414 zip code has both the highest and lowest median property tax rate of 3.02%. Understanding how these cities compare with Avon provides valuable insights into the varying tax landscape across Livingston County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Avon Tax Rate
3.02%
Average Livingston County Tax Rate
2.99%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Avon, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14414 | 2.82% | 2.96% | 3.02% | 3.25% | 3.25% |
Source: Ownwell
Property Tax Assessment Values Across Avon, New York
In Avon, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. 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 Livingston County 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 Avon, 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. Being aware of these valuation processes in Avon helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill in Avon is 14414, both with a median tax bill of $5,912.
Average Avon Assessed Value
$191,200
Average Livingston County Assessed Value
$161,700
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Avon, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14414 | $125,540 | $156,600 | $191,200 | $239,700 | $307,290 |
Source: Ownwell
Property Tax Bills Across Avon, New York
In Avon, Livingston County, NY, property tax bills are calculated based on the assessed value of a property. The local tax assessor determines this value, which is ideally close to the market value of the home. Factors such as the size, location, and condition of the property, as well as recent sales of similar properties in the area, play a significant role in this assessment. Once the assessed value is established, local tax rates are applied to calculate the annual tax bill. For instance, with a median home price of $191,200 in Avon, the tax bill can vary significantly. The 25th percentile tax bill is around $4,744, while the 75th percentile tax bill reaches $7,285. The highest tax bills, such as those in the 90th percentile, can go up to $9,311. These property taxes fund essential local services like schools, public safety, and infrastructure. Homeowners in Avon, therefore, contribute to the community's well-being through their property tax payments, though the financial burden can vary depending on the property's assessed value and the local tax rate.
Average Avon Tax Bill
$5,912
Average Livingston County Tax Bill
$4,819
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Avon, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14414 | $3,833 | $4,744 | $5,912 | $7,285 | $9,311 |
Source: Ownwell