Savona, Steuben County, New York Property Taxes
Median Savona, NY effective property tax rate: 2.82%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Savona, NY home value: $98,540
Median annual Savona, NY tax bill: $2,869, $469 higher than the national median property tax bill of $2,400.
How are property taxes in Steuben calculated?
Property taxes in Savona, 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 Savona’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Savona, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Savona, 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
$2,779
$2,579
Ownwell’s Savona Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Savona with just two data points.
By entering your property's estimated assessed value, our calculator applies Savona’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 Steuben County.
For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Savona, Steuben County, New York
Local government entities are responsible for setting property tax rates, which can differ significantly across various regions within a state. This variation occurs because each county annually estimates the budget necessary to provide essential services, dividing this amount by the total assessed value of all taxable properties in their area. The result of this calculation determines the property tax rate. Although the process involves votes and legislative measures, this is the core of how annual property tax rates are established.
In Savona, located in Steuben County, NY, the effective property tax rate is a reflection of this process. When comparing Savona's tax rate to other cities in New York, it's important to note that the median property tax rate in the state is notably higher than the national median of 1.02%. This comparison highlights the unique tax landscape within New York, where property tax rates can significantly impact homeowners' annual financial obligations. Understanding these rates is crucial for property owners looking to manage their expenses 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 Savona 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 Savona, Steuben County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14879 | 2.41% | 2.75% | 2.82% | 2.98% | 3.18% |
Source: Ownwell
Property Tax Assessment Values Across Savona, Steuben County, New York
When examining property taxes in Savona, 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 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 Savona.
For example, the median home price in Savona is $98,540, with tax bills ranging significantly across the county. The zip code 14879 has the highest median home price at $98,540.
Property Tax Assessment Values Across Savona, Steuben County, New York
Source: Ownwell
$72,993
$216,297
$359,600
Median Savona Market Value
$98,540
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 Savona, Steuben County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14879 | $39,200 | $64,444 | $98,540 | $134,307 | $189,326 |
Source: Ownwell
Property Tax Bills Across Savona, Steuben County, New York
In Savona, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as location, property size, and market conditions influence the assessed value. In Steuben County, where Savona is located, the median property tax bill is $2,869, which is above the national median of $2,400. Homeowners in Savona may find their tax bills ranging from $1,869 at the 25th percentile to $5,117 at the 90th percentile, reflecting the variance in property values and tax rates.
High property taxes can be a burden for homeowners, impacting their financial well-being. This is where Ownwell can make a difference. By leveraging expertise in property tax appeals and exemptions, Ownwell helps homeowners potentially lower their tax bills. Through careful analysis and strategic appeals, Ownwell ensures that homeowners are not overpaying on their property taxes, providing significant savings and peace of mind.
Median Savona Tax Bill
$2,869
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 Savona, Steuben County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14879 | $1,067 | $1,869 | $2,869 | $3,826 | $5,117 |
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 |