Lodi, Seneca County, New York Property Taxes

Name: Property Tax Bills Across Lodi, Seneca County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Lodi, NY effective property tax rate: 2.09%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Lodi, NY home value: $183,621
Median annual Lodi, NY tax bill: $3,533, $1,133 higher than the national median property tax bill of $2,400.

How are property taxes in Seneca calculated?

Property taxes in Lodi, 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 Lodi’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lodi, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lodi, Seneca County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.09%

Estimate Property Tax Bill

$3,838

$3,561

Ownwell’s Lodi Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lodi with just two data points.

By entering your property's estimated assessed value, our calculator applies Lodi’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 Seneca County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lodi, Seneca County, New York

Local government entities are responsible for setting property tax rates, which can vary significantly within New York. This variation occurs because each county annually estimates its budget needs for providing services and divides that by the total assessed value of all taxable property in its area. This process determines the property tax rate. While the setting of tax rates and budgets involves votes and laws, this calculation is the core of the annual process.

In Lodi, located in Seneca County, the effective property tax rate can be compared to other cities across New York as well as to state and national medians. New York's median property tax rate is notably higher than the national median of 1.02%, reflecting the state's commitment to funding public services through property taxes. Residents of Lodi may find their property tax rate aligns closely with the highest and lowest median rates in the state, emphasizing the uniformity in tax rates within this region. Understanding these rates can help property owners anticipate their tax obligations and explore potential savings through appeals or exemptions.

Property Tax Rates Across Lodi, Seneca County, New York

Source: Ownwell

1.96%

2.69%

3.43%

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 Lodi Tax Rate

2.09%

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 Lodi, Seneca County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14860	1.81%	2.05%	2.09%	2.15%	2.22%

Source: Ownwell

Property Tax Assessment Values Across Lodi, Seneca County, New York

When examining property taxes in Lodi, 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 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 Seneca County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Lodi. For example, the median home price in Lodi is $183,621, with tax bills ranging significantly across the county. Zip code 14860 has the highest median home price at $183,621.

Property Tax Assessment Values Across Lodi, Seneca County, New York

Source: Ownwell

$95,667

$165,481

$235,294

Median Lodi Market Value

$183,621

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 Lodi, Seneca County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14860	$56,241	$100,172	$183,621	$311,207	$429,000

Source: Ownwell

Property Tax Bills Across Lodi, Seneca County, New York

In Lodi, located in Seneca County, NY, property tax bills are calculated based on the assessed value of a property, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the final tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the homeowner's tax bill. The median property tax bill in Lodi is notably higher than the national median, with the highest median tax bill reaching $3,533, while the 25th percentile tax bill is $2,079, and the 75th percentile is $6,157. These figures illustrate the potential financial burden on homeowners, especially when compared to the national median property tax bill of $2,400. Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their tax bills. By analyzing property assessments and advocating for fair valuations, Ownwell helps homeowners achieve significant savings, ensuring they pay only their fair share in property taxes.

Property Tax Bills Across Lodi, Seneca County, New York

Source: Ownwell

$2,355

$3,518

$4,680

Median Lodi Tax Bill

$3,533

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 Lodi, Seneca County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14860	$1,204	$2,079	$3,533	$6,157	$8,584

Source: Ownwell