Pittsford, New York Property Taxes
The median property tax rate in Pittsford, NY is 3.23%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With a median home value of $299,400 in Pittsford, the typical annual property tax bill reaches $9,583, far surpassing the national median of $2,690. Property taxes in Pittsford are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Pittsford's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Pittsford or another part of Monroe County, familiarizing yourself with the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Pittsford, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.23%
Estimate Property Tax Bill
$9,671
$8,974
Ownwell’s Pittsford Property Tax Bill Calculator is an essential tool for homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Pittsford with just two data points. By entering your property's estimated assessed value, the calculator uses the median tax rate in Pittsford to provide an accurate property tax bill estimate. This insightful tool helps you understand potential tax liabilities. For those interested in more detailed trends on a neighborhood level, additional localized information is available. Your property’s assessed value is determined by Monroe County for property tax calculations, taking into account any applicable exemptions.
Property Tax Rates Across Pittsford, New York
Property taxes in Pittsford, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Pittsford is 3.23%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Pittsford set these rates annually, and they can vary significantly across different neighborhoods. Each year, Pittsford 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 Pittsford's effective property tax rate to other counties in New York and the national median. For comparison, the 14534 zip code has the highest median property tax rate of 3.23%, while the 14534 zip code also has the lowest median tax rate of 3.23%. Understanding how these cities compare with Pittsford 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 Pittsford Tax Rate
3.23%
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 Pittsford, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14534 | 2.68% | 3.00% | 3.23% | 3.37% | 3.44% |
Source: Ownwell
Property Tax Assessment Values Across Pittsford, New York
In Pittsford, NY, 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 Pittsford, 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. Pittsford's median home price is $299,400, with the tax bill ranging from $7,226 at the 25th percentile to $18,862 at the 90th percentile. The highest and lowest median tax bill in the area is $9,583 in the 14534 zip code. Being aware of these valuation processes helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pittsford Assessed Value
$299,400
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 Pittsford, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14534 | $200,190 | $238,225 | $299,400 | $404,000 | $560,200 |
Source: Ownwell
Property Tax Bills Across Pittsford, New York
In Pittsford, located in Monroe County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by the local assessor and reflects the market value of the property. Once the assessed value is established, it is multiplied by the local tax rate to calculate the annual tax bill. Factors such as the property's location, size, and improvements can influence the assessed value. In Pittsford, the median home price is $299,400, and homeowners can expect to pay substantial property taxes compared to the national median property tax rate of 0.99%. For example, the 25th percentile tax bill is $7,226, while the 75th percentile tax bill reaches $13,383. At the 90th percentile, homeowners may pay as much as $18,862 annually. The highest median tax bill in Pittsford is $9,583, reflecting the significant impact property taxes can have on homeowners in the area. This underscores the importance of understanding property tax calculations and seeking potential exemptions to manage costs effectively.
Average Pittsford Tax Bill
$9,583
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 Pittsford, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14534 | $5,558 | $7,226 | $9,583 | $13,383 | $18,862 |
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 |