Greece, Monroe County, New York Property Taxes
Median Greece, NY effective property tax rate: 4.16%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Greece, NY home value: $95,050
Median annual Greece, NY tax bill: $3,985, $1,585 higher than the national median property tax bill of $2,400.
How are property taxes in Monroe calculated?
Property taxes in Greece, 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 Greece’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Greece, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Greece, Monroe County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
4.16%
Estimate Property Tax Bill
$3,954
$3,669
Property Tax Rates Across Greece, Monroe County, New York
Local government entities are responsible for setting tax rates, which can significantly differ within a state. Annually, each county estimates its budget requirements to provide essential services and divides this by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the basic annual process.
Greece, located in Monroe County, New York, stands out with a notably high effective property tax rate of 4.16%, which is significantly above both the state and national medians. While the national median property tax rate is 1.02%, Greece's rate reflects the higher end of the spectrum. This means that residents in Greece are paying a much larger portion of their property's assessed value in taxes compared to many other areas in the U.S.
It's important for property owners in Greece to be aware of this rate, as it can substantially impact their annual tax bill, which is likely higher than the national median of $2,400. Understanding these rates can help residents make informed decisions about property ownership and budgeting.
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 Greece Tax Rate
4.16%
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 Greece, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14615 | 3.24% | 3.55% | 4.16% | 4.19% | 4.29% |
Source: Ownwell
Property Tax Assessment Values Across Greece, Monroe County, New York
When examining property taxes in Greece, 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.
In Monroe County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Greece.
For example, the median home price in Greece is $95,050, with tax bills ranging significantly across the county. Zip code 14615 has the highest median home price at $95,050.
Property Tax Assessment Values Across Greece, Monroe County, New York
Source: Ownwell
$42,391
$316,522
$590,652
Median Greece Market Value
$95,050
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 Greece, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14615 | $77,930 | $82,300 | $95,050 | $115,250 | $122,100 |
Source: Ownwell
Property Tax Bills Across Greece, Monroe County, New York
Median Greece Tax Bill
$3,985
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 Greece, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14615 | $2,486 | $3,108 | $3,985 | $4,900 | $5,236 |
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 |