Fairport, Monroe County, New York Property Taxes
Median Fairport, NY effective property tax rate: 2.89%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Fairport, NY home value: $247,900
Median annual Fairport, NY tax bill: $7,094, $4,694 higher than the national median property tax bill of $2,400.
How are property taxes in Monroe calculated?
Property taxes in Fairport, 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 Fairport’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fairport, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fairport, Monroe County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.89%
Estimate Property Tax Bill
$7,164
$6,648
Property Tax Rates Across Fairport, Monroe County, New York
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 Fairport Tax Rate
2.89%
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 Monroe County Tax Rate
2.93%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fairport, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14450 | 2.33% | 2.69% | 2.89% | 3.02% | 3.34% |
Source: Ownwell
Property Tax Assessment Values Across Fairport, Monroe County, New York
When examining property taxes in Fairport, 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 Monroe 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.
Assessment notices:
In Monroe 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 Fairport. For example, the median home price in Fairport is $247,900, with tax bills ranging significantly across the county. 14450 has the highest median home price at $247,900.
Property Tax Assessment Values Across Fairport, Monroe County, New York
Source: Ownwell
$42,391
$316,522
$590,652
Median Fairport Market Value
$247,900
Median Monroe County Market Value
$167,400
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fairport, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14450 | $164,380 | $209,350 | $247,900 | $315,300 | $412,500 |
Source: Ownwell
Property Tax Bills Across Fairport, Monroe County, New York
In Fairport, located in Monroe County, NY, property tax bills are determined by assessing the market value of a home and applying the local tax rate. The median home price in Fairport is $247,900, which serves as the basis for calculating the tax bill. Homeowners in this area face a median property tax bill of $7,094, significantly higher than the national median of $2,400. Factors such as the assessed value of the property and local government budgets influence the final tax bill. For homeowners, these taxes can represent a substantial financial burden, especially when compared to the national median property tax rate of 1.02%.
Ownwell can assist homeowners in Fairport by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell can help lower tax bills. This service ensures that homeowners only pay their fair share, potentially saving them thousands of dollars annually. With professional guidance, homeowners can navigate the complexities of property taxes and achieve significant savings.
Median Fairport Tax Bill
$7,094
Median Monroe County Tax Bill
$5,200
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Fairport, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14450 | $4,034 | $5,714 | $7,094 | $9,355 | $12,217 |
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 |