Clyde, Seneca County, New York Property Taxes
Median Clyde, NY effective property tax rate: 2.61%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Clyde, NY home value: $100,000. Median annual Clyde, NY tax bill: $2,399, $1 lower than the national median property tax bill of $2,400.
How are property taxes in Seneca calculated?
Property taxes in Clyde, 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 Clyde’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Clyde, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Clyde, Seneca County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.61%
Estimate Property Tax Bill
$2,610
$2,422
Property Tax Rates Across Clyde, Seneca County, New York
Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its budgetary needs to provide essential services and divides this by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. While setting tax rates and budgets involves votes and legislation, this is the fundamental process followed each year.
In Clyde, located in Seneca County, NY, the effective property tax rate provides an interesting comparison to other cities in New York, as well as to the median property tax rates in New York and across the U.S. With New York's median property tax rate standing at 2.61%, it's notably higher than the national median of 1.02%. This difference highlights the importance of understanding local tax obligations and the potential benefits of property tax appeal services. Property owners in Clyde and similar areas may find significant value in exploring ways to manage and potentially reduce their property tax liabilities.
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 Clyde Tax Rate
2.61%
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 County Tax Rate
2.53%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Clyde, Seneca County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14433 | 2.13% | 2.49% | 2.61% | 2.64% | 2.68% |
Source: Ownwell
Property Tax Assessment Values Across Clyde, Seneca County, New York
When examining property taxes in Clyde, 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 Seneca County Assessor's Office 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.
Assessment notices: In Seneca 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 Clyde. For example, the median home price in Clyde is $100,000, with tax bills ranging significantly across the county. Zip code 14433 has the highest median home price at $100,000.
Property Tax Assessment Values Across Clyde, Seneca County, New York
Source: Ownwell
$95,667
$165,481
$235,294
Median Clyde Market Value
$100,000
Median Seneca County Market Value
$129,610
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Clyde, Seneca County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14433 | $40,360 | $59,252 | $100,000 | $159,794 | $260,464 |
Source: Ownwell
Property Tax Bills Across Clyde, Seneca County, New York
In Clyde, located in Seneca County, NY, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in Clyde face a property tax bill that varies significantly, with the 25th percentile at $1,550 and the 75th percentile at $3,983. This variation in tax bills is influenced by factors such as the property's assessed value and any applicable exemptions. With a median home price of $100,000, the tax burden can be quite significant compared to the national median property tax bill of $2,400.
For homeowners, this means that property taxes can represent a substantial portion of their annual expenses. Fortunately, Ownwell is here to help. By leveraging expertise in property tax appeals and exemptions, Ownwell can assist homeowners in Clyde to potentially reduce their tax bills. This service can result in significant savings, ensuring that homeowners are not overpaying on their property taxes and can allocate their resources more effectively.
Median Clyde Tax Bill
$2,399
Median Seneca County Tax Bill
$3,564
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Clyde, Seneca County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14433 | $1,076 | $1,550 | $2,399 | $3,983 | $6,137 |
Source: Ownwell