Churchville, New York Property Taxes
The median property tax rate in Churchville, NY is 2.60%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Churchville at $201,100, the typical annual property tax bill reaches $5,103, far exceeding the national median of $2,690. Property taxes in Churchville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Churchville'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 Churchville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Churchville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.6%
Estimate Property Tax Bill
$5,229
$4,852
Ownwell’s Churchville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Churchville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Churchville 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 Churchville, New York
Property taxes in Churchville, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Churchville is 2.60%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Churchville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Churchville 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 Churchville's effective property tax rate to other counties in New York and the national median. For comparison, the 14428 zip code has the highest median property tax rate of 2.60%, while the same zip code also has the lowest median tax rate of 2.60%. Understanding how these cities compare with Churchville provides valuable insights into the varying tax landscape across Monroe County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Churchville Tax Rate
2.60%
Average Monroe County Tax Rate
2.93%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Churchville, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14428 | 1.63% | 2.26% | 2.60% | 2.80% | 3.10% |
Source: Ownwell
Property Tax Assessment Values Across Churchville, New York
In Churchville, 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 Monroe 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 Churchville, 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 Churchville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Churchville are both $5103.00, found in zip code 14428.
Average Churchville Assessed Value
$201,100
Average Monroe County Assessed Value
$167,400
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Churchville, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14428 | $127,100 | $158,600 | $201,100 | $248,700 | $309,900 |
Source: Ownwell
Property Tax Bills Across Churchville, New York
In Churchville, located in Monroe County, NY, property tax bills are calculated based on the assessed value of a home combined with the local tax rate. The assessed value is determined by the local assessor and reflects a percentage of the market value of the property. Monroe County's property tax rate is notably higher than the national median of 0.99%, leading to significant tax bills for homeowners. For instance, the median home price in Churchville is $201,100. Homeowners in the 25th percentile pay around $3,608 in property taxes, while those in the 75th percentile face a tax bill of approximately $6,622. At the 90th percentile, property taxes can soar to $8,510. The highest and lowest median tax bills in the area both stand at $5,103, indicating a consistent tax rate across different properties. These tax bills impact homeowners by contributing to the overall cost of homeownership, which can influence decisions about buying, selling, or investing in property within Churchville.
Average Churchville Tax Bill
$5,103
Average Monroe County Tax Bill
$5,200
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Churchville, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
14428 | $2,139 | $3,608 | $5,103 | $6,622 | $8,510 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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Monroe Assessment Review Commission | |
Website | app.regrid.com |