Property Taxes in Hannibal, New York
Median Hannibal, New York effective property tax rate: 2.70%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Hannibal, New York home value: $129,032
Median annual Hannibal, New York tax bill: $3,574, $1,174 higher than the national median property tax bill of $2,400.
How are property taxes in Oswego calculated?
Property taxes in Hannibal, 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 Hannibal's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Hannibal, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Hannibal Property Tax Calculator Work?
Use this Hannibal property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Hannibal's median effective tax rate of 2.70% — based on actual property records in Oswego County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment office uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Hannibal's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Hannibal's median property tax bill is $3,574, which is higher than the New York median tax bill by $1,174 and higher than the New York median tax rate of 1.90%. By ZIP code, rates in Hannibal are the same across the area, with 13074 showing both the highest and lowest median tax bill at $3,574.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Hannibal.
About Hannibal Property Taxes
About Property Taxes in Hannibal, Oswego, New York
Hannibal’s median effective property tax rate of 2.70% is higher than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Oswego 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 Hannibal. Homeowners in the 13074 ZIP code carry a median effective rate of 2.70%, while those in the lowest ZIP code pay 2.70%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Oswego County. Understanding which part of Hannibal you live in can make a meaningful difference to your annual tax bill.
Hannibal 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 Hannibal, Oswego 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 Hannibal'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 Hannibal Tax Rate
2.70%
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 Oswego County Tax Rate
2.68%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Hannibal, Oswego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13074 | 2.39% | 2.51% | 2.70% | 2.97% | 4.14% |
Source: Ownwell
Property Tax Assessment Values Across Hannibal, Oswego County, New York
When examining property taxes in Hannibal, 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 Oswego 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 Oswego 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 Hannibal.
For example, the median home price in Hannibal is $129,032, with tax bills ranging significantly across the county. 13074 has the highest median home price at $129,032.
Property Tax Assessment Values Across Hannibal, Oswego County, New York
Source: Ownwell
$82,273
$136,837
$191,400
Median Hannibal Market Value
$129,032
Median Oswego County Market Value
$142,286
Median New York Market Value
$312,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Hannibal, Oswego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13074 | $48,387 | $82,258 | $129,032 | $180,645 | $238,548 |
Source: Ownwell
Property Tax Bills Across Hannibal, Oswego County, New York
Property tax bills in Hannibal are calculated by applying local tax rates to a home’s assessed value, which is based on the market value of the property. The assessed value is influenced by factors such as the home’s location, size, condition, and any improvements that may affect what the property is worth. Because tax bills are tied to assessed value, homeowners with higher-value properties generally pay more.
In Hannibal, the median home price is $129,032, and the median property tax bill is $3,574 in ZIP code 13074. That sits above the national median property tax bill of $2,400 and above the national median property tax rate of 1.02%. For homeowners, this means property taxes can be a significant part of annual housing costs, especially when assessments rise faster than expected. Bills can vary widely, with the 25th percentile at $2,362 and the 75th percentile at $4,850, showing how much taxes can differ from one home to another.
Median Hannibal Tax Bill
$3,574
Median Oswego County Tax Bill
$4,072
Median New York Tax Bill
$5,420
Median United States Tax Bill
$3,209
Property Tax Bills Across Hannibal, Oswego County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13074 | $1,540 | $2,362 | $3,574 | $4,850 | $6,112 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Oswego Assessment Review Commission | |
| Website | oswegogis.maps.arcgis.com |