Portageville, Wyoming County, New York Property Taxes

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

Median Portageville, NY effective property tax rate: 3.88%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Portageville, NY home value: $75,269
Median annual Portageville, NY tax bill: $2,897, $497 higher than the national median property tax bill of $2,400.

How are property taxes in Wyoming calculated?

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

Last Updated March 1, 2025

Portageville, Wyoming County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.88%

Estimate Property Tax Bill

$2,920

$2,710

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

Property Tax Rates Across Portageville, Wyoming County, New York

As noted earlier, local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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 Portageville’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S. Portageville, located in Wyoming County, has a median tax rate of 3.88%, significantly higher than the national median of 1.02%. This places a substantial financial responsibility on property owners, with tax bills potentially reaching more than three times the national median of $2,400. Understanding these figures can help homeowners make informed decisions about property investments and financial planning. If you find your property tax burden overwhelming, exploring appeal and exemption options may provide some relief.

Property Tax Rates Across Portageville, Wyoming County, New York

Source: Ownwell

2.24%

3.22%

4.21%

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 Portageville Tax Rate

3.88%

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 Portageville, Wyoming County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14536	2.28%	3.35%	3.88%	4.57%	4.75%

Source: Ownwell

Property Tax Assessment Values Across Portageville, Wyoming County, New York

When examining property taxes in Portageville, 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 Portageville. For example, the median home price in Portageville is $75,269, with tax bills ranging significantly across the county. Zip code 14536 has the highest median home price at $75,269.

Property Tax Assessment Values Across Portageville, Wyoming County, New York

Source: Ownwell

$75,269

$160,635

$246,000

Median Portageville Market Value

$75,269

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 Portageville, Wyoming County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14536	$27,857	$48,724	$75,269	$107,143	$175,204

Source: Ownwell

Property Tax Bills Across Portageville, Wyoming County, New York

In Portageville, Wyoming County, NY, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is a percentage of the property's market value, which can vary annually based on market trends. Tax rates are set by local governments and can differ across regions within the state. For homeowners in Portageville, the median home price is $75,269, and property tax bills can range significantly, with the 25th percentile at $1,892 and the 75th percentile reaching $3,983. The highest median tax bill is $2,897, which aligns with the lowest, indicating a consistent tax rate across the area. Compared to the national median property tax bill of $2,400, Portageville's tax bills can be higher, impacting homeowners financially. Ownwell assists homeowners by evaluating their property's assessed value and ensuring it aligns with current market conditions. By identifying discrepancies and appealing assessments, Ownwell can help reduce property tax bills, offering significant savings for homeowners.

Property Tax Bills Across Portageville, Wyoming County, New York

Source: Ownwell

$2,287

$4,484

$6,681

Median Portageville Tax Bill

$2,897

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 Portageville, Wyoming County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14536	$795	$1,892	$2,897	$3,983	$6,122

Source: Ownwell