Geneva, Yates County, New York Property Taxes

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

Median Geneva, NY effective property tax rate: 2.29%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Geneva, NY home value: $173,200
Median annual Geneva, NY tax bill: $3,958, $1,558 higher than the national median property tax bill of $2,400.

How are property taxes in Yates County calculated?

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

Last Updated March 1, 2025

Geneva, Yates County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.29%

Estimate Property Tax Bill

$3,966

$3,681

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

Property Tax Rates Across Geneva, Yates County, New York

Local government entities set tax rates, which 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. In Geneva, located in Yates County, New York, the effective property tax rate is significantly higher than the national median, standing at 2.29%. This rate is also the highest and lowest within the same region, indicating a uniformity in property tax rates across the area. Compared to the national median property tax rate of 1.02%, Geneva's rate is more than double, reflecting the local government's budgetary needs and valuation methods. Understanding these variances can help property owners in Geneva make informed decisions about their tax obligations and explore opportunities for appeals or exemptions.

Property Tax Rates Across Geneva, Yates County, New York

Source: Ownwell

1.68%

2.31%

2.93%

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 Geneva Tax Rate

2.29%

Median Effective Yates County Tax Rate

1.79%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Geneva, Yates County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14456	1.70%	2.29%	2.29%	2.93%	2.95%

Source: Ownwell

Property Tax Assessment Values Across Geneva, Yates County, New York

When examining property taxes in Geneva, 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 Yates 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 Yates 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 Geneva. For example, the median home price in Geneva is $173,200, with tax bills ranging significantly across the county. Zip code 14456 has the highest median home price at $173,200.

Property Tax Assessment Values Across Geneva, Yates County, New York

Source: Ownwell

$105,100

$215,050

$325,000

Median Geneva Market Value

$173,200

Median Yates County Market Value

$166,700

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Geneva, Yates County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14456	$84,560	$111,600	$173,200	$416,100	$547,540

Source: Ownwell

Property Tax Bills Across Geneva, Yates County, New York

In Geneva, situated in Yates County, NY, property tax bills are calculated based on the assessed value of the home. The local tax rate is applied to this assessed value to determine the annual property tax bill. With a median home price of $173,200, Geneva homeowners face property tax bills that can vary significantly. The 25th percentile tax bill is $2,634, while the 75th percentile reaches $10,085, and the 90th percentile climbs to $14,151. Compared to the national median property tax bill of $2,400, Geneva's figures highlight a substantial burden for some homeowners. Factors influencing the tax bill include property size, location, and any applicable exemptions. Ownwell assists homeowners in Geneva by offering property tax appeal services. By reviewing assessments and identifying potential inaccuracies, Ownwell helps reduce tax bills, ensuring homeowners pay only their fair share. This service can result in significant savings, easing the financial strain on Geneva residents.

Property Tax Bills Across Geneva, Yates County, New York

Source: Ownwell

$2,461

$3,972

$5,482

Median Geneva Tax Bill

$3,958

Median Yates County Tax Bill

$3,654

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Geneva, Yates County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14456	$2,165	$2,634	$3,958	$10,085	$14,151

Source: Ownwell