Fairport, Wayne County, New York Property Taxes

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

Median Fairport, NY effective property tax rate: 2.84%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Fairport, NY home value: $233,550
Median annual Fairport, NY tax bill: $6,547, $4,147 higher than the national median property tax bill of $2,400.

How are property taxes in Wayne County calculated?

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

Last Updated March 1, 2025

Fairport, Wayne County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.84%

Estimate Property Tax Bill

$6,633

$6,155

Ownwell’s Fairport Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Fairport with just two data points. By entering your property's estimated assessed value, our calculator applies Fairport’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 Wayne County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Fairport, Wayne County, New York

Local government entities in New York set property tax rates, leading to significant variation across the state. Each year, counties like Wayne estimate their budgets to maintain essential services and divide this by the total assessed value of all taxable properties within their area. This process determines the property tax rate. While votes and legislation play a role in establishing these rates, the fundamental process remains consistent annually.

Fairport in Wayne County has an effective property tax rate that stands out when compared to other cities in New York. The median property tax rate in Fairport is higher than the national median of 1.02%. This positions Fairport as a unique case within the state, highlighting the diversity of tax burdens across different regions. Understanding these differences is crucial for property owners who are navigating the complexities of property taxes. By comparing Fairport’s rate with both state and national medians, property owners can better assess their tax liabilities and explore potential savings through appeals or exemptions.

Property Tax Rates Across Fairport, Wayne County, New York

Source: Ownwell

2.24%

2.91%

3.59%

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 Fairport Tax Rate

2.84%

Median Effective Wayne County Tax Rate

3.01%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Fairport, Wayne County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14450	2.81%	2.84%	2.84%	2.84%	3.15%

Source: Ownwell

Property Tax Assessment Values Across Fairport, Wayne County, New York

When examining property taxes in Fairport, 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 Wayne 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 Wayne 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 Fairport. For example, the median home price in Fairport is $233,550, with tax bills ranging significantly across the county. The 14450 zip code has the highest median home price at $233,550.

Property Tax Assessment Values Across Fairport, Wayne County, New York

Source: Ownwell

$64,500

$149,025

$233,550

Median Fairport Market Value

$233,550

Median Wayne County Market Value

$152,100

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Fairport, Wayne County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14450	$169,330	$199,375	$233,550	$331,375	$369,210

Source: Ownwell

Property Tax Bills Across Fairport, Wayne County, New York

In Fairport, New York, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the tax bill. Factors such as property location, size, and improvements can influence the assessed value. Homeowners in Fairport face a median property tax bill of $6,547, significantly higher than the national median of $2,400. For those in the 75th percentile, tax bills can reach up to $8,976, and for the 90th percentile, they can go as high as $10,376. These high property tax bills can significantly impact homeowners' finances, making it essential to explore potential savings. Ownwell offers expertise in property tax appeals and exemption services, helping homeowners potentially reduce their tax burdens. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in Fairport in achieving a fairer tax bill, providing much-needed financial relief.

Property Tax Bills Across Fairport, Wayne County, New York

Source: Ownwell

$1,643

$4,095

$6,547

Median Fairport Tax Bill

$6,547

Median Wayne County Tax Bill

$4,668

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Fairport, Wayne County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14450	$4,612	$5,487	$6,547	$8,976	$10,376

Source: Ownwell

Don't miss the deadline to file a grievance!

Dates

Links
Wayne Assessment Review Commission
Website	wayne.sdgnys.com