Slaterville Springs, Tompkins County, New York Property Taxes
Property Taxes in Slaterville Springs, New York
Median Slaterville Springs, New York effective property tax rate: 2.33%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Slaterville Springs, New York home value: $230,000
Median annual Slaterville Springs, New York tax bill: $5,195, $2,795 higher than the national median property tax bill of $2,400.
How are property taxes in Tompkins calculated?
Property taxes in Slaterville Springs, 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 Slaterville Springs's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Slaterville Springs, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Slaterville Springs, Tompkins County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.33%
Estimate Property Tax Bill
$5,359
$4,973
How Does the Slaterville Springs Property Tax Calculator Work?
Use this Slaterville Springs property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Slaterville Springs' median effective property tax rate of 2.33% — based on actual property records in Tompkins County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Slaterville Springs' median effective rate across local levies, providing a more accurate estimate than applying a single county rate.
Your bill may vary by ZIP code within Slaterville Springs: rates range from 2.33% in 14881 to 2.33% in 14881, 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 Slaterville Springs.
About Slaterville Springs Property Taxes
About Property Taxes in Slaterville Springs, Tompkins, New York
Slaterville Springs’s median effective property tax rate of 2.33% is higher than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Tompkins 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 Slaterville Springs. Homeowners in the 14881 ZIP code carry a median effective rate of 2.33%, while those in the same ZIP code pay 2.33%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Tompkins County. Understanding which part of Slaterville Springs you live in can make a meaningful difference to your annual tax bill.
Slaterville Springs 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 Slaterville Springs, Tompkins 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 Slaterville Springs's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
Property Tax Rates Across Slaterville Springs, Tompkins County, New York
Source: Ownwell
1.69%
2.49%
3.29%
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 Slaterville Springs Tax Rate
2.33%
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 Tompkins County Tax Rate
2.53%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Slaterville Springs, Tompkins County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14881 | 1.95% | 2.24% | 2.33% | 2.40% | 2.45% |
Source: Ownwell
Property Tax Assessment Values Across Slaterville Springs, Tompkins County, New York
When examining property taxes in Slaterville Springs, 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 Tompkins 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 are sent in the spring each year, and they 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. The median home price in Slaterville Springs is $230,000, and the median tax bill is $5,195, compared with the national median property tax rate of 1.02% and national median property tax bill of $2,400. In ZIP code 14881, both the highest median home price and highest median tax bill are $230,000 and $5,195.
Property Tax Assessment Values Across Slaterville Springs, Tompkins County, New York
Source: Ownwell
$171,000
$265,500
$360,000
Median Slaterville Springs Market Value
$230,000
Median Tompkins County Market Value
$290,000
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Slaterville Springs, Tompkins County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14881 | $156,000 | $187,500 | $230,000 | $282,500 | $453,600 |
Source: Ownwell
Property Tax Bills Across Slaterville Springs, Tompkins County, New York
Property tax bills in Slaterville Springs are based on the assessed value of a home and the local tax rate set by taxing authorities. For a home with a median home price of $230,000, the bill reflects how the property is valued for tax purposes, not just what a homeowner paid for it. Local budgets, school funding, and municipal services all play a role in determining the final amount.
For many homeowners, the tax bill is a major part of housing costs. The 25th percentile tax bill is $4,168, while the 75th percentile is $6,450 and the 90th percentile reaches $10,149. The median tax bill is $5,195, which is more than the national median property tax bill of $2,400 and well above the national median property tax rate of 1.02%. That means homeowners in Slaterville Springs often face higher-than-average property taxes, making it important to understand how assessments affect what they owe.
Property Tax Bills Across Slaterville Springs, Tompkins County, New York
Source: Ownwell
$1,526
$5,482
$9,438
Median Slaterville Springs Tax Bill
$5,195
Median Tompkins County Tax Bill
$6,956
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across Slaterville Springs, Tompkins County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 14881 | $3,417 | $4,168 | $5,195 | $6,450 | $10,149 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Tompkins Assessment Review Commission | |
| Website | beacon.schneidercorp.com |