Property Taxes in Basom, New York
Median Basom, New York effective property tax rate: 1.72%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Basom, New York home value: $146,000
Median annual Basom, New York tax bill: $2,352, $48 lower than the national median property tax bill of $2,400.
How are property taxes in Genesee calculated?
Property taxes in Basom, 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 Basom's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Basom, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Basom Property Tax Calculator Work?
Use this Basom property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Basom's median effective tax rate of 1.72% — based on actual property records in Genesee County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Basom'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 Basom: rates range from 1.72% in 14013 to 1.72% in 14013, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Basom.
About Basom Property Taxes
About Property Taxes in Basom, Genesee, New York
Basom’s median effective property tax rate of 1.72% is lower than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Genesee 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 Basom. Homeowners in the 14013 ZIP code carry a median effective rate of 1.72%, while those in the same ZIP code pay 1.72%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Genesee County. Understanding which part of Basom you live in can make a meaningful difference to your annual tax bill.
Basom 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 Basom, Genesee 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 Basom'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 Basom Tax Rate
1.72%
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 Genesee County Tax Rate
2.53%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Basom, Genesee County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14013 | 1.30% | 1.72% | 1.72% | 1.72% | 1.72% |
Source: Ownwell
Property Tax Assessment Values Across Basom, Genesee County, New York
When examining property taxes in Basom, 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 Genesee 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 Genesee County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
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. For property owners in Basom, this helps explain how property taxes are calculated and why reviewing your notice matters.
For example, the median home price in Basom is $146,000, with tax bills ranging significantly across the county. ZIP code 14013 has the highest median home price at $146,000.
Property Tax Assessment Values Across Basom, Genesee County, New York
Source: Ownwell
$76,700
$189,450
$302,200
Median Basom Market Value
$146,000
Median Genesee County Market Value
$160,000
Median New York Market Value
$312,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Basom, Genesee County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14013 | $59,790 | $103,450 | $146,000 | $192,036 | $291,964 |
Source: Ownwell
Property Tax Bills Across Basom, Genesee County, New York
Basom property tax bills are calculated by applying the local tax rate to a home’s assessed value, not its market price. The assessed value is set by local assessors and can be influenced by factors such as the home’s size, condition, location, and any improvements or changes made to the property. Because tax rates and assessments can change, the amount a homeowner owes may also change from year to year.
For Basom homeowners, the median home price is $146,000, and the median property tax bill is $2,352. That bill sits above the national median property tax bill of $2,400 and reflects how local assessments and tax rates shape what residents pay. Property taxes can have a meaningful impact on monthly housing costs, especially for homeowners whose assessments rise faster than expected. Bills in the area vary, with the 25th percentile at $1,734 and the 75th percentile at $3,056, showing that similar homes can face very different tax burdens.
Median Basom Tax Bill
$2,352
Median Genesee County Tax Bill
$3,754
Median New York Tax Bill
$5,420
Median United States Tax Bill
$3,209
Property Tax Bills Across Basom, Genesee County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14013 | $996 | $1,734 | $2,352 | $3,056 | $4,128 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Genesee Assessment Review Commission | |
| Website | geneseecounty.prosgar.com |