Victor, Monroe County, New York Property Taxes
Median Victor, NY effective property tax rate: 2.81%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Victor, NY home value: $353,400. Median annual Victor, NY tax bill: $9,626, $7,226 higher than the national median property tax bill of $2,400.
How are property taxes in Monroe calculated?
Property taxes in Victor, 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 Victor’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Victor, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Victor, Monroe County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.81%
Estimate Property Tax Bill
$9,931
$9,215
Ownwell’s VICTOR Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in VICTOR with just two data points.
By entering your property's estimated assessed value, our calculator applies VICTOR’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.
This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Monroe County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Victor, Monroe County, New York
Local government entities determine tax rates, which often differ significantly within a state. Each county annually estimates its budget to deliver services and then divides this by the total value of all taxable property in its area. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the basic annual procedure.
You can compare Victor's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S. In Monroe County, Victor's tax rate reflects the broader trend seen across the state, with New York's median rate standing above the national average of 1.02%. This higher rate translates to a more substantial financial commitment for property owners in Victor, as they contribute to maintaining the quality of local services and infrastructure. Understanding these rates can help property owners make informed decisions about their real estate investments and manage their financial obligations effectively.
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 Victor Tax Rate
2.81%
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 Victor, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14564 | 2.26% | 2.52% | 2.81% | 2.90% | 2.95% |
Source: Ownwell
Property Tax Assessment Values Across Victor, Monroe County, New York
When examining property taxes in Victor, 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 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 Victor. For example, the median home price in Victor is $353,400, with tax bills ranging significantly across the county. Zip code 14564 has the highest median home price at $353,400.
Property Tax Assessment Values Across Victor, Monroe County, New York
Source: Ownwell
$42,391
$316,522
$590,652
Median Victor Market Value
$353,400
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 Victor, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14564 | $193,780 | $239,500 | $353,400 | $531,300 | $845,660 |
Source: Ownwell
Property Tax Bills Across Victor, Monroe County, New York
In Victor, located in Monroe County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as the property's location, size, and condition can influence its assessed value. Homeowners in Victor face a median property tax bill of $9,626, which is significantly higher than the national median of $2,400. For some, tax bills can reach as high as $24,979, emphasizing the financial burden on homeowners.
Ownwell offers a solution to alleviate this burden by providing expert property tax appeal services. By analyzing your property's assessed value and comparing it to similar properties in the area, Ownwell can identify discrepancies and potential savings. Our team of experienced consultants works to ensure that your property is fairly assessed, potentially reducing your tax bill and saving you money. Trust Ownwell to help you navigate the complexities of property tax assessments and secure the savings you deserve.
Median Victor Tax Bill
$9,626
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 Victor, Monroe County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14564 | $4,599 | $6,596 | $9,626 | $15,392 | $24,979 |
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 |