Sherrill, Oneida County, New York Property Taxes
Median Sherrill, NY effective property tax rate: 0.58%, significantly lower than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Sherrill, NY home value: $164,808
Median annual Sherrill, NY tax bill: $923, $1,477 lower than the national median property tax bill of $2,400.
How are property taxes in Oneida calculated?
Property taxes in Sherrill, 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 Sherrill’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sherrill, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sherrill, Oneida County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.58%
Estimate Property Tax Bill
$956
$887
Property Tax Rates Across Sherrill, Oneida County, New York
Local government entities determine tax rates, which can vary significantly within a state. Each year, counties estimate the budget needed to provide essential services and divide it by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the essence of the annual process.
In Sherrill, located in Oneida County, NY, the effective property tax rate is a key factor for property owners to consider. When comparing Sherrill's rate to other cities in New York, it's interesting to note how it aligns with the state's median property tax rate and the national median. The national median property tax rate is 1.02%, while the median property tax bill is $2400. Understanding these comparisons can provide valuable insights for property owners. Knowing how Sherrill's rates stack up against these benchmarks can help residents make informed decisions about property investments and financial planning.
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 Sherrill Tax Rate
0.58%
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 Oneida County Tax Rate
2.27%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Sherrill, Oneida County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13461 | 0.47% | 0.58% | 0.58% | 0.58% | 0.58% |
Source: Ownwell
Property Tax Assessment Values Across Sherrill, Oneida County, New York
When examining property taxes in Sherrill, 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 Oneida 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 Oneida 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 Sherrill. For example, the median home price in Sherrill is $164,808, with tax bills ranging significantly across the county. Zip code 13461 has the highest median home price at $164,808.
Property Tax Assessment Values Across Sherrill, Oneida County, New York
Source: Ownwell
$77,502
$158,567
$239,631
Median Sherrill Market Value
$164,808
Median Oneida County Market Value
$126,923
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Sherrill, Oneida County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13461 | $126,923 | $142,692 | $164,808 | $215,577 | $267,308 |
Source: Ownwell
Property Tax Bills Across Sherrill, Oneida County, New York
In Sherrill, located in Oneida County, NY, property tax bills are calculated based on the assessed value of a home. The median home price in Sherrill is $164,808. Property taxes are determined by multiplying the assessed value by the local tax rate, which can vary depending on the specific area within the county. Factors such as property size, location, and improvements can influence the assessed value, impacting the overall tax bill.
Homeowners in Sherrill may face tax bills ranging from the 25th percentile at $780 to the 90th percentile at $1,605, with the median tax bill at $923. This is notably lower than the national median property tax bill of $2,400. Despite this, homeowners can still benefit from savings. Ownwell offers services that help homeowners appeal their property tax assessments and identify potential exemptions, potentially reducing their tax burden. By leveraging local expertise and understanding of the tax appeal process, Ownwell can assist homeowners in lowering their property tax bills and ensuring they are not overpaying.
Median Sherrill Tax Bill
$923
Median Oneida County Tax Bill
$2,574
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Sherrill, Oneida County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13461 | $661 | $780 | $923 | $1,255 | $1,605 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Oneida Assessment Review Commission | |
| Website | app.regrid.com |