Leicester, Livingston County, New York Property Taxes

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

Median Leicester, NY effective property tax rate: 2.84%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Leicester, NY home value: $151,150
Median annual Leicester, NY tax bill: $4,260, $1,860 higher than the national median property tax bill of $2,400.

How are property taxes in Livingston calculated?

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

Last Updated March 1, 2025

Leicester, Livingston County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.84%

Estimate Property Tax Bill

$4,293

$3,983

Ownwell’s Leicester Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Leicester with just two data points. By entering your property's estimated assessed value, our calculator applies Leicester’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 Livingston. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Leicester, Livingston County, New York

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This is because each county, including Livingston County, estimates its required budget annually to provide essential services. This budget is then divided by the total value of all taxable property within the jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how the process unfolds each year.

In Leicester, located in Livingston County, the effective property tax rate is a notable 2.84%. This rate is significantly higher than the national median property tax rate of 1.02%. Such a high rate indicates the importance of understanding local property tax dynamics and the potential benefits of appealing property tax assessments. By comparing Leicester’s rate to other cities in New York and the national median, property owners can better grasp the tax landscape. This understanding is crucial for those looking to manage their property expenses effectively.

Property Tax Rates Across Leicester, Livingston County, New York

Source: Ownwell

2.46%

3.47%

4.49%

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 Leicester Tax Rate

2.84%

Median Effective Livingston County Tax Rate

2.99%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Leicester, Livingston County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14481	2.60%	2.78%	2.84%	2.93%	2.97%

Source: Ownwell

Property Tax Assessment Values Across Leicester, Livingston County, New York

When examining property taxes in Leicester, NY, understanding the distinction between "market value" and "assessed value" is crucial. The market value represents 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 Livingston 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 Livingston 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 Leicester. For example, the median home price in Leicester is $151,150, with tax bills ranging significantly across the county. Zip code 14481 has the highest median home price at $151,150.

Property Tax Assessment Values Across Leicester, Livingston County, New York

Source: Ownwell

$89,450

$173,175

$256,900

Median Leicester Market Value

$151,150

Median Livingston County Market Value

$161,700

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Leicester, Livingston County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14481	$67,010	$110,300	$151,150	$191,700	$248,060

Source: Ownwell

Property Tax Bills Across Leicester, Livingston County, New York

In Leicester, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as market conditions, neighborhood changes, and property improvements can influence the assessed value. Homeowners in Leicester face a median property tax bill of $4,260, significantly higher than the national median of $2,400. The tax bill can vary widely, with some homeowners paying as little as $3,063 or as much as $6,932, depending on their property's assessed value and location within the area. These costs can place a substantial financial burden on homeowners. Ownwell can assist by identifying potential savings through property tax appeals and exemptions. By leveraging our expertise, homeowners can ensure their property is fairly assessed and potentially reduce their tax burden, offering much-needed financial relief.

Property Tax Bills Across Leicester, Livingston County, New York

Source: Ownwell

$2,550

$5,215

$7,880

Median Leicester Tax Bill

$4,260

Median Livingston County Tax Bill

$4,819

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Leicester, Livingston County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14481	$1,806	$3,063	$4,260	$5,448	$6,932

Source: Ownwell