Walworth, Wayne County, New York Property Taxes
Median Walworth, NY effective property tax rate: 3.25%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Walworth, NY home value: $186,850
Median annual Walworth, NY tax bill: $6,541, $4,141 higher than the national median property tax bill of $2,400.
How are property taxes in Wayne County calculated?
Property taxes in Walworth, 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 Walworth’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Walworth, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Walworth, Wayne County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.25%
Estimate Property Tax Bill
$6,073
$5,635
Ownwell’s Walworth Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Walworth with just two data points.
By entering your property's estimated assessed value, our calculator applies Walworth’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 Walworth, Wayne County, New York
Local government entities set tax rates, and these can vary widely within a state. 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 Walworth’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
In Walworth, Wayne County, the property tax rate is notably higher than the national median. This indicates a significant investment in local services and infrastructure. However, it can also imply a heavier tax burden on property owners compared to other regions. Understanding these rates is crucial for homeowners looking to manage their expenses or appeal their property taxes. By staying informed, property owners can make strategic decisions about their investments and potentially save on their tax bills.
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 Walworth Tax Rate
3.25%
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 Walworth, Wayne County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14568 | 2.85% | 2.91% | 3.25% | 3.85% | 3.89% |
Source: Ownwell
Property Tax Assessment Values Across Walworth, Wayne County, New York
When examining property taxes in Walworth, 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 Walworth. For example, the median home price in Walworth is $186,850, with tax bills ranging significantly across the county. Zip code 14568 has the highest median home price at $186,850.
Property Tax Assessment Values Across Walworth, Wayne County, New York
Source: Ownwell
$64,500
$149,025
$233,550
Median Walworth Market Value
$186,850
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 Walworth, Wayne County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14568 | $126,858 | $161,275 | $186,850 | $227,200 | $276,000 |
Source: Ownwell
Property Tax Bills Across Walworth, Wayne County, New York
Median Walworth Tax Bill
$6,541
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 Walworth, Wayne County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14568 | $4,134 | $5,151 | $6,541 | $7,637 | $8,899 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
|---|
Links | |
|---|---|
| Wayne Assessment Review Commission | |
| Website | wayne.sdgnys.com |