West Henrietta, New York Property Taxes
The median property tax rate in West Henrietta, NY is 2.85%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in West Henrietta at $214,900, the typical annual property tax bill reaches $6,109, exceeding the national median of $2,690. Property taxes in West Henrietta are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding West Henrietta's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of West Henrietta or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
West Henrietta, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.85%
Estimate Property Tax Bill
$6,125
$6,056
Ownwell’s West Henrietta Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in West Henrietta with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in West Henrietta to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across West Henrietta, New York
Property taxes in West Henrietta, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in West Henrietta is 2.85%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within West Henrietta set these rates annually, and they can vary significantly across different neighborhoods. Each year, West Henrietta 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 West Henrietta's effective property tax rate to other counties in New York and the national median. For comparison, the 14586 zip code has the highest median property tax rate of 2.85%, while the same 14586 zip code also has the lowest median tax rate of 2.85%. Understanding how these cities compare with West Henrietta 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 West Henrietta Tax Rate
2.85%
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 West Henrietta, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14586 | 2.32% | 2.71% | 2.85% | 3.03% | 3.06% |
Source: Ownwell
Property Tax Assessment Values Across West Henrietta, New York
In West Henrietta, New York, 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 West Henrietta, 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. The median home price in West Henrietta stands at $214,900, with tax bills ranging from $4,688 at the 25th percentile to $9,300 at the 90th percentile. The zip code 14586 reports both the highest and lowest median tax bill at $6,109. By understanding these valuation concepts, property owners can better navigate their tax responsibilities and identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across West Henrietta, New York
Source: Ownwell
$20,650
$305,651
$590,652
Average West Henrietta Assessed Value
$214,900
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 West Henrietta, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14586 | $147,620 | $171,200 | $214,900 | $267,100 | $314,360 |
Source: Ownwell
Property Tax Bills Across West Henrietta, New York
In West Henrietta, located in Monroe County, NY, property tax bills are determined by assessing the value of a home and applying the local tax rate. The assessed value is typically a percentage of the market value, which is then multiplied by the tax rate set by local authorities. Homeowners in West Henrietta face a median property tax bill of $6,109, which is significantly higher than the national median property tax rate of 0.99%. Factors such as property size, location, and improvements can influence the assessed value, ultimately affecting the tax bill. For instance, a home valued at the 25th percentile might see a tax bill around $4,688, while one at the 75th percentile could be taxed approximately $7,866. High-value properties, like those in the 90th percentile, might incur tax bills as high as $9,300. Understanding these factors is crucial for homeowners as it directly impacts their annual expenses and long-term financial planning.
Average West Henrietta Tax Bill
$6,109
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 West Henrietta, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14586 | $3,542 | $4,688 | $6,109 | $7,866 | $9,300 |
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 |