Prattsburgh, Steuben County, New York Property Taxes
Median Prattsburgh, NY effective property tax rate: 2.82%, significantly higher than the national median of 1.02%, but lower than the NY state median of 2.39%.
Median Prattsburgh, NY home value: $80,060
Median annual Prattsburgh, NY tax bill: $2,049, $351 lower than the national median property tax bill of $2,400.
How are property taxes in Steuben calculated?
Property taxes in Prattsburgh, 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 Prattsburgh’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Prattsburgh, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Prattsburgh, Steuben County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.82%
Estimate Property Tax Bill
$2,258
$2,095
Property Tax Rates Across Prattsburgh, Steuben County, New York
Local government entities determine tax rates, which can significantly vary within a state. This variation is due to each county estimating its required budget annually to provide essential services, dividing that by the total value of all taxable property within its jurisdiction. This process results in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is the fundamental procedure followed each year.
In Prattsburgh, located in Steuben County, NY, the effective property tax rate stands at 2.82%. This rate is notably higher than both the New York state median and the national median property tax rate of 1.02%. With a national median property tax bill of $2,400, Prattsburgh's higher rate reflects the county's specific budgetary needs and property values. The uniformity of the tax rate in Steuben County indicates a consistent approach to budgeting and property valuation, which may influence property owners' decisions. Understanding these rates can provide valuable insights for property owners looking to optimize their tax liabilities and make informed financial decisions.
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 Prattsburgh Tax Rate
2.82%
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 Prattsburgh, Steuben County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14873 | 1.85% | 2.44% | 2.82% | 2.82% | 2.82% |
Source: Ownwell
Property Tax Assessment Values Across Prattsburgh, Steuben County, New York
When examining property taxes in Prattsburgh, 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 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 Prattsburgh.
For example, the median home price in Prattsburgh is $80,060, with tax bills ranging significantly across the county. 14873 has the highest median home price at $80,060.
Property Tax Assessment Values Across Prattsburgh, Steuben County, New York
Source: Ownwell
$72,993
$216,297
$359,600
Median Prattsburgh Market Value
$80,060
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 Prattsburgh, Steuben County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14873 | $27,423 | $45,567 | $80,060 | $130,515 | $200,360 |
Source: Ownwell
Property Tax Bills Across Prattsburgh, Steuben County, New York
In Prattsburgh, located in Steuben County, NY, property tax bills are calculated based on the assessed value of a home. This assessed value is determined by local assessors and reflects a percentage of the property's market value. The tax rate is applied to the assessed value to determine the annual tax bill. With a median home price of $80,060, homeowners in Prattsburgh can expect tax bills that vary significantly. For instance, the tax bill at the 25th percentile is $1,162, while at the 90th percentile, it rises to $4,848. Despite the variance, the median tax bill in Prattsburgh stands at $2,049, which is below the national median of $2,400. This variability can impact homeowners' finances considerably.
Ownwell offers professional property tax appeal and exemption services to help homeowners in Prattsburgh potentially lower their tax bills. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in appealing their assessed values, ensuring they pay only their fair share and potentially saving them a significant amount on their property taxes.
Median Prattsburgh Tax Bill
$2,049
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 Prattsburgh, Steuben County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14873 | $703 | $1,162 | $2,049 | $3,179 | $4,848 |
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 |