Port Crane, Chenango County, New York Property Taxes

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

Median Port Crane, NY effective property tax rate: 2.98%, significantly higher than the national median of 1.02%, but lower than the NY state median of 2.39%.
Median Port Crane, NY home value: $104,062
Median annual Port Crane, NY tax bill: $3,099, $699 higher than the national median property tax bill of $2,400.

How are property taxes in Chenango calculated?

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

Last Updated March 1, 2025

Port Crane, Chenango County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.98%

Estimate Property Tax Bill

$3,101

$2,878

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

Property Tax Rates Across Port Crane, Chenango County, New York

Local government entities in Port Crane, located in Chenango County, NY, determine property tax rates, which can differ significantly across the state. This is because each county annually estimates the budget needed to provide essential services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the yearly process.

Port Crane’s effective property tax rate is notably higher than the national median of 1.02%. This rate reflects the local government's need to fund services such as education, public safety, and infrastructure. Compared to other cities in New York, Port Crane's rate is relatively high, which is indicative of the state's tendency towards higher property taxes. The median property tax rate in New York is also higher than the national average, underscoring the state's reliance on property taxes for local funding. Understanding these rates can help property owners in Port Crane make informed decisions about their tax liabilities and potential appeals.

Property Tax Rates Across Port Crane, Chenango County, New York

Source: Ownwell

2.68%

3.07%

3.45%

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 Port Crane Tax Rate

2.98%

Median Effective Chenango County Tax Rate

3.08%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Port Crane, Chenango County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
13833	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Port Crane, Chenango County, New York

When examining property taxes in Port Crane, 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 Chenango 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 Chenango 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 Port Crane. For example, the median home price in Port Crane is $104,062, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Port Crane, Chenango County, New York

Source: Ownwell

$56,790

$92,270

$127,750

Median Port Crane Market Value

$104,062

Median Chenango County Market Value

$92,500

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Port Crane, Chenango County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
13833	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Port Crane, Chenango County, New York

In Port Crane, property tax bills are determined based on the assessed value of a home, which is a percentage of its market value. Homeowners in Chenango County face property tax bills that vary significantly, with the 25th percentile at $2,554 and the 75th percentile reaching $3,643. This range highlights the impact of different property values on tax liabilities. Compared to the national median property tax bill of $2,400, homeowners in Port Crane often pay more, reflecting the local tax rate's influence.

Factors like property location, size, and condition can affect the assessed value, directly impacting the tax bill. High property taxes can be a burden for homeowners, making it crucial to ensure assessments are accurate. Ownwell offers valuable services to help homeowners in Port Crane reduce their property tax bills. By analyzing assessments and identifying discrepancies, Ownwell can appeal on behalf of homeowners, potentially lowering their tax obligations. This service not only saves money but also provides peace of mind, ensuring fair taxation.

Property Tax Bills Across Port Crane, Chenango County, New York

Source: Ownwell

$1,671

$2,788

$3,904

Median Port Crane Tax Bill

$3,099

Median Chenango County Tax Bill

$2,965

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Port Crane, Chenango County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
13833	N/A	N/A	N/A	N/A	N/A

Source: Ownwell