Beaver Dams, Steuben County, New York Property Taxes
Median Beaver Dams, NY effective property tax rate: 3.64%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Beaver Dams, NY home value: $121,700
Median annual Beaver Dams, NY tax bill: $4,333, $1,933 higher than the national median property tax bill of $2,400.
How are property taxes in Steuben calculated?
Property taxes in Beaver Dams, 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 Beaver Dams’ property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Beaver Dams, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Beaver Dams, Steuben County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.64%
Estimate Property Tax Bill
$4,430
$4,111
Property Tax Rates Across Beaver Dams, Steuben County, New York
Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results 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. Below, you can compare Beaver Dams’ effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
Beaver Dams, located in Steuben County, has a median property tax rate of 3.64%, which is significantly higher than the national median of 1.02%. This reflects the local government's need to fund services and infrastructure. The tax rate in Beaver Dams is the highest within its zip code, 14812, and also the lowest, highlighting a uniformity in tax rates across the area. Understanding these rates is crucial for property owners, as it directly impacts annual expenses. It's essential for homeowners to stay informed about local tax rates and potential exemptions to manage their financial responsibilities effectively.
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 Beaver Dams Tax Rate
3.64%
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 Steuben County Tax Rate
2.84%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Beaver Dams, Steuben County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14812 | 3.34% | 3.64% | 3.64% | 3.64% | 3.64% |
Source: Ownwell
Property Tax Assessment Values Across Beaver Dams, Steuben County, New York
When examining property taxes in Beaver Dams, 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 Steuben 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 Steuben 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 Beaver Dams. For example, the median home price in Beaver Dams is $121,700, with tax bills ranging significantly across the county. Zip code 14812 has the highest median home price at $121,700.
Property Tax Assessment Values Across Beaver Dams, Steuben County, New York
Source: Ownwell
$72,993
$216,297
$359,600
Median Beaver Dams Market Value
$121,700
Median Steuben County Market Value
$102,326
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Beaver Dams, Steuben County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14812 | $42,000 | $64,400 | $121,700 | $175,000 | $265,600 |
Source: Ownwell
Property Tax Bills Across Beaver Dams, Steuben County, New York
In Beaver Dams, Steuben County, NY, property tax bills are calculated based on the assessed value of a home. The median home price in this region is $121,700, and the property tax rate is applied to this assessed value to determine the tax bill. Tax bills can vary significantly, with the 25th percentile at $2,252 and the 75th percentile reaching $6,162. Factors such as local government budgets and school district funding needs can influence these rates, impacting how much homeowners pay annually.
Compared to the national median property tax bill of $2,400, Beaver Dams homeowners often find themselves paying higher taxes. This can place a financial strain on residents, especially those with fixed or limited incomes. Ownwell offers property tax appeal and exemption services to help homeowners reduce their tax burden. By analyzing property assessments and identifying discrepancies, Ownwell can assist in lowering tax bills, ensuring homeowners pay only their fair share and potentially saving them thousands of dollars each year.
Median Beaver Dams Tax Bill
$4,333
Median Steuben County Tax Bill
$2,992
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Beaver Dams, Steuben County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14812 | $1,455 | $2,252 | $4,333 | $6,162 | $9,527 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Steuben Assessment Review Commission | |
| Website | imo.steubencountyny.gov |