East Bethany, Wyoming County, New York Property Taxes
Median East Bethany, NY effective property tax rate: 3.34%, significantly higher than the national median of 1.02%, but lower than the NY state median of 2.39%.
Median East Bethany, NY home value: $184,700
Median annual East Bethany, NY tax bill: $5,669, $3,269 higher than the national median property tax bill of $2,400.
How are property taxes in Wyoming calculated?
Property taxes in East Bethany, 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 East Bethany’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in East Bethany, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
East Bethany, Wyoming County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.34%
Estimate Property Tax Bill
$6,169
$5,725
Property Tax Rates Across East Bethany, Wyoming County, New York
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 East Bethany Tax Rate
3.34%
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 Wyoming County Tax Rate
2.98%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across East Bethany, Wyoming County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14054 | 2.73% | 2.84% | 3.34% | 3.41% | 3.44% |
Source: Ownwell
Property Tax Assessment Values Across East Bethany, Wyoming County, New York
When examining property taxes in East Bethany, 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 Wyoming 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 Wyoming 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 East Bethany. For example, the median home price in East Bethany is $184,700, with tax bills ranging significantly across the county. Zip code 14054 has the highest median home price at $184,700.
Property Tax Assessment Values Across East Bethany, Wyoming County, New York
Source: Ownwell
$75,269
$160,635
$246,000
Median East Bethany Market Value
$184,700
Median Wyoming County Market Value
$124,000
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across East Bethany, Wyoming County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14054 | $130,880 | $148,800 | $184,700 | $222,000 | $245,353 |
Source: Ownwell
Property Tax Bills Across East Bethany, Wyoming County, New York
In East Bethany, Wyoming County, NY, property tax bills are calculated based on the assessed value of a home and the local property tax rate. Homeowners face a median property tax bill of $5,669, significantly higher than the national median of $2,400. The tax rate, combined with the assessed value, determines the final bill, with factors like home improvements and market trends influencing assessments. For East Bethany residents, tax bills can range from the 25th percentile at $4,817 to the 90th percentile at $7,693, indicating substantial variability based on property characteristics. This variability can impact homeowners financially, as higher property taxes can affect affordability and overall financial planning.
Ownwell offers expert property tax appeal and exemption services to help homeowners in East Bethany reduce their tax burdens. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can assist in lowering tax bills. This service not only ensures fair taxation but also provides significant savings, allowing homeowners to better manage their finances and invest in their properties.
Median East Bethany Tax Bill
$5,669
Median Wyoming County Tax Bill
$3,932
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across East Bethany, Wyoming County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14054 | $4,179 | $4,817 | $5,669 | $6,637 | $7,693 |
Source: Ownwell