Property Taxes in Preble, New York
Median Preble, New York effective property tax rate: 1.32%, significantly higher than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Preble, New York home value: $175,902
Median annual Preble, New York tax bill: $2,329, $71 lower than the national median property tax bill of $2,400.
How are property taxes in Cortland calculated?
Property taxes in Preble, New York 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 Preble's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Preble, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Preble Property Tax Calculator Work?
Use this Preble property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Preble's median effective tax rate of 1.32% — based on actual property records in Cortland County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment system uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Preble's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Preble: rates range from 1.32% in 13141 to 1.32% in 13141, primarily due to differences in school district levies and local assessment districts. Preble's median property tax bill is $2,329, which is higher than the New York median tax rate of 1.90% and lower than the state median property tax bill by $71.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Preble.
About Preble Property Taxes
About Property Taxes in Preble, Cortland, New York
Preble’s median effective property tax rate of 1.32% is higher than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Cortland County base levy combined with local school district levies and special district levies that vary by subdivision throughout the city.
Property tax rates are not uniform across Preble. Homeowners in the 13141 ZIP code carry a median effective rate of 1.32%, while those in the same ZIP also pay 1.32%. This spread — 0 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Cortland County. Understanding which part of Preble you live in can make a meaningful difference to your annual tax bill.
Preble homeowners who believe their assessed value is too high can file a formal appeal with the local Assessment Review Commission before the May 26, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Preble, Cortland 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 Preble's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
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 Preble Tax Rate
1.32%
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 Cortland County Tax Rate
1.45%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Preble, Cortland County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13141 | 0.99% | 1.32% | 1.32% | 1.32% | 1.38% |
Source: Ownwell
Property Tax Assessment Values Across Preble, Cortland County, New York
When examining property taxes in Preble, New York, 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 Cortland County assessment office 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 Cortland County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
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 Preble.
For example, the median home price in Preble is $175,902, with tax bills ranging significantly across the county. 13141 has the highest median home price at $175,902.
Property Tax Assessment Values Across Preble, Cortland County, New York
Source: Ownwell
$96,984
$163,107
$229,230
Median Preble Market Value
$175,902
Median Cortland County Market Value
$151,639
Median New York Market Value
$312,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Preble, Cortland County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13141 | $73,672 | $136,885 | $175,902 | $236,705 | $353,180 |
Source: Ownwell
Property Tax Bills Across Preble, Cortland County, New York
Property tax bills in Preble are based on the assessed value of a home and the local tax rate set for Cortland County. When a property’s assessed value rises, the tax bill can increase unless the rate changes or exemptions apply. For homeowners, this means the amount owed is tied directly to how local officials value the property and how much revenue the area needs to collect.
With a median home price of $175,902, tax bills in the area can vary widely. The 25th percentile tax bill is $1,793, while the 75th percentile reaches $3,132 and the 90th percentile climbs to $4,447. The median tax bill is $2,329, which is below the national median property tax bill of $2,400 and slightly above the national median property tax rate of 1.02%. For homeowners, that can mean meaningful differences in annual housing costs depending on assessed value and local tax settings.
Median Preble Tax Bill
$2,329
Median Cortland County Tax Bill
$2,581
Median New York Tax Bill
$5,420
Median United States Tax Bill
$3,209
Property Tax Bills Across Preble, Cortland County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13141 | $930 | $1,793 | $2,329 | $3,132 | $4,447 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Cortland Assessment Review Commission | |
| Website | beacon.schneidercorp.com |