Keuka Park, Yates County, New York Property Taxes

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

Median Keuka Park, NY effective property tax rate: 1.68%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Keuka Park, NY home value: $325,000
Median annual Keuka Park, NY tax bill: $5,482, $3,082 higher than the national median property tax bill of $2,400.

How are property taxes in Yates County calculated?

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

Last Updated March 1, 2025

Keuka Park, Yates County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.68%

Estimate Property Tax Bill

$5,460

$5,067

Ownwell’s Keuka Park Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Keuka Park with just two data points. By entering your property's estimated assessed value, our calculator applies Keuka Park’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 Keuka Park, Yates County, New York

Local government entities set tax rates, which can vary widely within a state. This is 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. In Keuka Park, located in Yates County, New York, property owners experience an effective property tax rate that aligns with the highest and lowest median rates in the state, reflecting the uniformity within this region. This rate is notably higher than the national median property tax rate of 1.02%. When comparing Keuka Park’s property tax landscape to the broader New York state and national figures, it becomes apparent that the local rates are significantly above the national average. This highlights the importance for property owners in Keuka Park to explore potential avenues for property tax appeals and exemptions to alleviate their tax burden.

Property Tax Rates Across Keuka Park, 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 Keuka Park Tax Rate

1.68%

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 Keuka Park, Yates County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14478	1.66%	1.68%	1.68%	1.68%	1.80%

Source: Ownwell

Property Tax Assessment Values Across Keuka Park, Yates County, New York

When examining property taxes in Keuka Park, 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.

In Yates County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Keuka Park.

For example, the median home price in Keuka Park is $325,000, with tax bills ranging significantly across the county. The zip code 14478 has the highest median home price at $325,000.

Property Tax Assessment Values Across Keuka Park, Yates County, New York

Source: Ownwell

$105,100

$215,050

$325,000

Median Keuka Park Market Value

$325,000

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 Keuka Park, Yates County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14478	$119,000	$169,900	$325,000	$545,000	$745,200

Source: Ownwell

Property Tax Bills Across Keuka Park, Yates County, New York

In Keuka Park, located in Yates County, NY, property tax bills are calculated based on the assessed value of a home. The assessed value is a percentage of the property's market value, determined by local assessors. The property tax rate is then applied to this assessed value to determine the tax bill. Factors such as local government budgets, school district funding, and public service needs influence these rates. With a median home price of $325,000, homeowners in Keuka Park face varying tax bills. The 25th percentile tax bill is $2,898, while the 75th percentile reaches $9,083, and the 90th percentile is as high as $12,014. These figures highlight the significant impact property taxes can have on homeowners' finances, especially when compared to the national median property tax bill of $2,400. Ownwell can assist homeowners by identifying potential savings through appealing their property's assessed value or securing applicable exemptions, ultimately reducing their tax burden and ensuring they only pay their fair share.

Property Tax Bills Across Keuka Park, Yates County, New York

Source: Ownwell

$2,461

$3,972

$5,482

Median Keuka Park Tax Bill

$5,482

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 Keuka Park, Yates County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14478	$2,072	$2,898	$5,482	$9,083	$12,014

Source: Ownwell