Fabius, Onondaga County, New York Property Taxes
Median Fabius, NY effective property tax rate: 3.35%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Fabius, NY home value: $176,923
Median annual Fabius, NY tax bill: $5,872, $3,472 higher than the national median property tax bill of $2,400.
How are property taxes in Onondaga calculated?
Property taxes in Fabius, 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 Fabius’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fabius, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fabius, Onondaga County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.35%
Estimate Property Tax Bill
$5,927
$5,500
Ownwell’s Fabius Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fabius with just two data points.
By entering your property's estimated assessed value, our calculator applies Fabius’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 Onondaga County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Fabius, Onondaga County, New York
Local government entities set tax rates, which can vary widely within a state due to the annual budgetary needs of each county. Annually, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the essential process each year.
In Fabius, located in Onondaga County, the effective property tax rate is notably higher than both the New York state median and the national median. This high rate reflects the county's budgetary requirements and the total taxable property value. When compared to other cities in New York, Fabius stands out with its distinctive rate, which is also the highest and lowest within its own ZIP code, 13063. Understanding these differences can help property owners better anticipate their tax liabilities and consider potential savings through appeals or exemptions.
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 Fabius Taxx Rate
3.35%
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 Onondaga County Taxx Rate
3.38%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
0.99%
Property Tax Rates Across Fabius, Onondaga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13063 | 3.05% | 3.13% | 3.35% | 3.54% | 3.64% |
Source: Ownwell
Property Tax Assessment Values Across Fabius, Onondaga County, New York
When examining property taxes in Fabius, 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 Onondaga 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 Onondaga County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Fabius. For example, the median home price in Fabius is $176,923, with tax bills ranging significantly across the county. 13063 has the highest median home price at $176,923.
Property Tax Assessment Values Across Fabius, Onondaga County, New York
Source: Ownwell
$72,464
$223,299
$374,133
Median Fabius Market Value
$176,923
Median Onondaga County Market Value
$152,577
Median New York Market Value
$255,644
Median United States Market Value
$244,900
Property Tax Assessment Values Across Fabius, Onondaga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13063 | $86,602 | $121,795 | $176,923 | $240,064 | $311,538 |
Source: Ownwell
Property Tax Bills Across Fabius, Onondaga County, New York
Median Fabius Tax Bill
$5,872
Median Onondaga County Tax Bill
$5,213
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,690
Property Tax Bills Across Fabius, Onondaga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13063 | $3,055 | $4,149 | $5,872 | $7,676 | $9,819 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Onondaga Assessment Review Commission | |
| Website | onondaga.go2gov.net |