Holley, Monroe County, New York Property Taxes
Median Holley, NY effective property tax rate: 2.22%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Holley, NY home value: $180,300
Median annual Holley, NY tax bill: $3,904, $1,504 higher than the national median property tax bill of $2,400.
How are property taxes in Monroe calculated?
Property taxes in Holley, 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 Holley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Holley, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Holley, Monroe County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.22%
Estimate Property Tax Bill
$4,003
$3,714
Property Tax Rates Across Holley, Monroe County, New York
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county's annual estimation of its required budget to provide services, divided 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, this is the annual process in a nutshell.
Holley in Monroe County, New York, has an effective property tax rate that stands out compared to other cities in the state. New York's median property tax rate is notably higher than the national median of 1.02%. This means property owners in Holley face a greater tax burden compared to the national average. Understanding these differences is crucial for property owners seeking to manage their expenses effectively. By appealing property tax assessments or exploring exemptions, property owners can potentially reduce their tax liabilities. Comparing Holley's tax rate with the state and national averages highlights the importance of being informed and proactive in managing property taxes.
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 Holley Tax Rate
2.22%
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 Holley, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14470 | 1.48% | 1.92% | 2.22% | 2.71% | 3.09% |
Source: Ownwell
Property Tax Assessment Values Across Holley, Monroe County, New York
When examining property taxes in Holley, 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 the season. 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 Holley. For example, the median home price in Holley is $180,300, with tax bills ranging significantly across the county. Zip code 14470 has the highest median home price at $180,300.
Property Tax Assessment Values Across Holley, Monroe County, New York
Source: Ownwell
$42,391
$316,522
$590,652
Median Holley Market Value
$180,300
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 Holley, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14470 | $111,500 | $132,975 | $180,300 | $242,725 | $316,350 |
Source: Ownwell
Property Tax Bills Across Holley, Monroe County, New York
In Holley, NY, property tax bills are calculated based on the assessed value of a home. The assessed value is determined by local assessors and is meant to represent the market value of the property. Homeowners in Holley face property tax bills that vary significantly, with the 25th percentile at $2,786 and the 90th percentile reaching $7,523. The median property tax bill in the area is notably higher than the national median of $2,400, reflecting Monroe County's relatively high property tax rates. The highest and lowest median tax bills in the area both stand at $3,904, indicating a consistent tax burden across different properties within the same zip code.
For homeowners, these taxes can be a significant financial burden. However, Ownwell offers valuable services to help reduce this burden. By leveraging expert knowledge in property tax appeals and exemptions, Ownwell assists homeowners in potentially lowering their assessed values, thereby reducing their tax bills. This can lead to substantial savings, making homeownership more affordable in Holley.
Median Holley Tax Bill
$3,904
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 Holley, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14470 | $2,069 | $2,786 | $3,904 | $6,122 | $7,523 |
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 |