Chittenango, Madison County, New York Property Taxes
Median Chittenango, NY effective property tax rate: 3.51%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Chittenango, NY home value: $144,250. Median annual Chittenango, NY tax bill: $4,885, $2,485 higher than the national median property tax bill of $2,400.
How are property taxes in Madison County calculated?
Property taxes in Chittenango, 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 Chittenango’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Chittenango, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Chittenango, Madison County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.51%
Estimate Property Tax Bill
$5,063
$4,698
Property Tax Rates Across Chittenango, Madison County, New York
Local government entities set tax rates, which can vary widely within a state. This is 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 Chittenango’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
Chittenango, located in Madison County, experiences a property tax rate that is significantly higher than the national median. This means homeowners in Chittenango face higher property tax bills compared to many other parts of the country. The property tax rate in this area is reflective of the local government's budgetary needs and the total value of taxable property. Understanding these rates is crucial for homeowners and potential buyers, as they directly impact the affordability and long-term financial commitment of owning property in Chittenango.
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 Chittenango Tax Rate
3.51%
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 Madison County Tax Rate
3.06%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Chittenango, Madison County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13037 | 2.98% | 2.98% | 3.51% | 3.69% | 3.69% |
Source: Ownwell
Property Tax Assessment Values Across Chittenango, Madison County, New York
When examining property taxes in Chittenango, 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 Madison 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 Madison County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Chittenango. For example, the median home price in Chittenango is $144,250, with tax bills ranging significantly across the county. Zip code 13037 has the highest median home price at $144,250.
Property Tax Assessment Values Across Chittenango, Madison County, New York
Source: Ownwell
$49,012
$141,759
$234,506
Median Chittenango Market Value
$144,250
Median Madison County Market Value
$136,471
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Chittenango, Madison County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13037 | $71,800 | $99,250 | $144,250 | $200,000 | $274,950 |
Source: Ownwell
Property Tax Bills Across Chittenango, Madison County, New York
Median Chittenango Tax Bill
$4,885
Median Madison County Tax Bill
$4,460
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Chittenango, Madison County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13037 | $2,448 | $3,349 | $4,885 | $6,690 | $8,588 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Madison Assessment Review Commission | |
| Website | property.madisoncounty.ny.gov |