Lyons, Wayne County, New York Property Taxes
Median Lyons, NY effective property tax rate: 3.05%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Lyons, NY home value: $94,306
Median annual Lyons, NY tax bill: $2,817, $417 higher than the national median property tax bill of $2,400.
How are property taxes in Wayne County calculated?
Property taxes in Lyons, 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 Lyons’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lyons, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lyons, Wayne County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.05%
Estimate Property Tax Bill
$2,876
$2,669
Property Tax Rates Across Lyons, Wayne County, New York
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their budget needs to provide essential services and then divide that by the total value of all taxable property in their jurisdiction. This calculation determines the property tax rate. Although votes and laws play a role in establishing tax rates and budgets, this is the fundamental annual process.
In Lyons, located in Wayne County, the effective property tax rate is notably higher compared to other cities in New York and the national average. With a median property tax rate of 3.05%, Lyons stands out against the national median of 1.02%. This high rate reflects the local government's budgetary needs and the value of taxable properties in the area. For homeowners in Lyons, this means a significantly larger portion of their property's assessed value goes towards property taxes, resulting in a substantial property tax bill. Understanding these rates can help property owners in Lyons make informed decisions and potentially seek appeal or exemption services to manage their property tax burden 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 Lyons Tax Rate
3.05%
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 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 Lyons, Wayne County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14489 | 2.64% | 2.89% | 3.05% | 3.09% | 3.09% |
Source: Ownwell
Property Tax Assessment Values Across Lyons, Wayne County, New York
When examining property taxes in Lyons, 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.
Assessment notices: In Wayne 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 Lyons. For example, the median home price in Lyons is $94,306, with tax bills ranging significantly across the county. ZIP code 14489 has the highest median home price at $94,306.
Property Tax Assessment Values Across Lyons, Wayne County, New York
Source: Ownwell
$64,500
$149,025
$233,550
Median Lyons Market Value
$94,306
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 Lyons, Wayne County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14489 | $48,194 | $66,667 | $94,306 | $131,944 | $188,551 |
Source: Ownwell
Property Tax Bills Across Lyons, Wayne County, New York
Median Lyons Tax Bill
$2,817
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 Lyons, Wayne County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14489 | $1,501 | $2,011 | $2,817 | $3,867 | $5,421 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Wayne Assessment Review Commission | |
| Website | wayne.sdgnys.com |