Massena, New York Property Taxes
The median property tax rate in Massena, NY is 4.44%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Massena at $72,933, the typical annual property tax bill reaches $2,853, surpassing the national median of $2,690. Property taxes in Massena are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Massena's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Massena or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Massena, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
4.44%
Estimate Property Tax Bill
$3,238
$3,202
Ownwell’s Massena Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Massena with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Massena to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Massena, New York
Property taxes in Massena, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Massena is 4.44%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Massena set these rates annually, and they can vary significantly across different neighborhoods. Each year, Massena estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Massena's effective property tax rate to other counties in New York and the national median. For comparison, the 13662 zip code has both the highest and lowest median property tax rate of 4.44%. Understanding how these areas compare with Massena provides valuable insights into the varying tax landscape across St. Lawrence County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Massena Tax Rate
4.44%
Average St. Lawrence County Tax Rate
3.02%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Massena, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13662 | 2.71% | 3.03% | 4.44% | 4.51% | 4.51% |
Source: Ownwell
Property Tax Assessment Values Across Massena, New York
In Massena, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the St. Lawrence County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Massena, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Massena helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Massena, both at $2,853, are found in the 13662 zip code.
Average Massena Assessed Value
$72,933
Average St. Lawrence County Assessed Value
$83,455
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Massena, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13662 | $39,130 | $54,241 | $72,933 | $108,696 | $170,652 |
Source: Ownwell
Property Tax Bills Across Massena, New York
In Massena, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Several factors influence the assessed value, including the property's market value, location, and any improvements or additions made to the property. For homeowners in Massena, the median home price is $72,933, with property tax bills varying widely. The 25th percentile tax bill is $2,134, while the 75th percentile tax bill reaches $4,065, and the 90th percentile tax bill can be as high as $5,862. Compared to the national median property tax rate of 0.99%, Massena's property tax rates can significantly impact homeowners' finances. Understanding these factors is crucial for homeowners as property taxes represent a substantial annual expense. Keeping abreast of local assessments and market conditions can help homeowners anticipate changes in their tax bills and plan their finances accordingly.
Average Massena Tax Bill
$2,853
Average St. Lawrence County Tax Bill
$2,611
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Massena, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13662 | $1,505 | $2,134 | $2,853 | $4,065 | $5,862 |
Source: Ownwell