Seneca Castle, Ontario County, New York Property Taxes
Median Seneca Castle, NY effective property tax rate: 2.53%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Seneca Castle, NY home value: $135,250
Median annual Seneca Castle, NY tax bill: $3,422, $1,022 higher than the national median property tax bill of $2,400.
How are property taxes in Ontario County calculated?
Property taxes in Seneca Castle, 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 Seneca Castle’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Seneca Castle, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Seneca Castle, Ontario County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.53%
Estimate Property Tax Bill
$3,422
$3,175
Property Tax Rates Across Seneca Castle, Ontario County, New York
Local government entities set tax rates, which can vary widely within a state. Why? Because each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
In Seneca Castle, located in Ontario County, NY, the effective property tax rate stands at 2.53%. This rate is significantly higher than both the state and national medians, with the national median property tax rate at 1.02%. This places Seneca Castle among the higher property tax regions in the country. It's essential for property owners in Seneca Castle to be aware of these rates as they can significantly impact the overall cost of homeownership. Comparing these rates to other cities in New York and nationwide highlights the importance of understanding local tax obligations. For homeowners, exploring property tax appeal and exemption services can potentially lead to significant savings, making it a worthwhile consideration.
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 Seneca Castle Tax Rate
2.53%
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 Ontario County Tax Rate
2.60%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Seneca Castle, Ontario County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14547 | 2.43% | 2.49% | 2.53% | 2.53% | 2.53% |
Source: Ownwell
Property Tax Assessment Values Across Seneca Castle, Ontario County, New York
When examining property taxes in Seneca Castle, 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 Ontario 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 Ontario 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 Seneca Castle. For example, the median home price in Seneca Castle is $135,250, with tax bills ranging significantly across the county. Zip code 14547 has the highest median home price at $135,250.
Property Tax Assessment Values Across Seneca Castle, Ontario County, New York
Source: Ownwell
$105,200
$332,950
$560,700
Median Seneca Castle Market Value
$135,250
Median Ontario County Market Value
$176,100
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Seneca Castle, Ontario County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14547 | $79,850 | $111,250 | $135,250 | $164,625 | $220,500 |
Source: Ownwell
Property Tax Bills Across Seneca Castle, Ontario County, New York
Property Tax Bills Across Seneca Castle, Ontario County, New York
Source: Ownwell
$2,573
$10,652
$18,731
Median Seneca Castle Tax Bill
$3,422
Median Ontario County Tax Bill
$4,698
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Seneca Castle, Ontario County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14547 | $1,435 | $2,741 | $3,422 | $4,162 | $5,493 |
Source: Ownwell