Elbridge, Cayuga County, New York Property Taxes
Median Elbridge, NY effective property tax rate: 2.89%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Elbridge, NY home value: $144,231
Median annual Elbridge, NY tax bill: $4,170, $1,770 higher than the national median property tax bill of $2,400.
How are property taxes in Cayuga County calculated?
Property taxes in Elbridge, 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 Elbridge’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Elbridge, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Elbridge, Cayuga County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.89%
Estimate Property Tax Bill
$4,168
$3,868
Ownwell’s Elbridge Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Elbridge with just two data points. By entering your property's estimated assessed value, our calculator applies Elbridge’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 Cayuga County. For those interested in more localized information, please scroll down to explore city-level trends!
Property Tax Rates Across Elbridge, Cayuga County, New York
Local government entities are responsible for setting property tax rates, which can differ significantly across a state. Each year, counties estimate the budget needed to provide essential services and then divide this amount by the total assessed value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While the process involves votes and legislation, this is the essence of how property tax rates are established annually.
In Elbridge, Cayuga County, New York, the effective property tax rate is notably higher than both the state and national medians. With a median property tax rate of 2.89%, Elbridge surpasses the New York state median and is significantly above the national median of 1.02%. This means property owners in Elbridge are likely to face higher tax bills compared to other regions. Understanding these rates is crucial for property owners who wish to manage their expenses effectively. Comparing Elbridge’s effective property tax rate to other cities in New York and the national median provides valuable insight into the local tax landscape, highlighting the importance of property tax consulting services to navigate these costs efficiently.
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 Elbridge Tax Rate
2.89%
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 Cayuga County Tax Rate
2.43%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Elbridge, Cayuga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13060 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Assessment Values Across Elbridge, Cayuga County, New York
When examining property taxes in Elbridge, 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 Cayuga 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 Cayuga 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 Elbridge. For example, the median home price in Elbridge is $144,231, with tax bills ranging significantly across the county.
Property Tax Assessment Values Across Elbridge, Cayuga County, New York
Source: Ownwell
$92,097
$236,531
$380,964
Median Elbridge Market Value
$144,231
Median Cayuga County Market Value
$136,353
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Elbridge, Cayuga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13060 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Property Tax Bills Across Elbridge, Cayuga County, New York
Median Elbridge Tax Bill
$4,170
Median Cayuga County Tax Bill
$3,328
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Elbridge, Cayuga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13060 | N/A | N/A | N/A | N/A | N/A |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
|---|---|
| Cayuga Assessment Review Commission | |
| Website | ccgis.cayugacounty.us |