Victor, Wayne County, New York Property Taxes

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

Median VICTOR, NY effective property tax rate: 2.62%, significantly higher than the national median of 1.02%, but lower than the NY state median of 2.39%.
Median VICTOR, NY home value: $278,000
Median annual VICTOR, NY tax bill: $7,278, $4,878 higher than the national median property tax bill of $2,400.

How are property taxes in Wayne calculated?

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

Last Updated March 1, 2025

Victor, Wayne County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.62%

Estimate Property Tax Bill

$7,284

$6,759

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

Property Tax Rates Across Victor, Wayne County, New York

Local government entities set tax rates, leading to significant variations across a state. This is primarily because each county annually calculates its budget for essential services and divides it by the total value of all taxable properties within its boundaries, resulting in the property tax rate. Although votes and legal frameworks play a role, this process essentially determines the annual tax rates. In VICTOR, located in Wayne County, NY, the effective property tax rate is notably higher than both the state and national medians. New York's median property tax rate stands at 1.69%, significantly above the national median of 1.02%. This difference highlights the impact of local governance and budgetary needs on property tax rates. When compared to other cities in New York, VICTOR's rate is a prime example of how local factors can influence property taxes. Understanding these nuances is crucial for property owners aiming to manage their tax liabilities effectively.

Property Tax Rates Across Victor, Wayne County, New York

Source: Ownwell

2.24%

2.91%

3.59%

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 Victor Tax Rate

2.62%

Median Effective Wayne County Tax Rate

3.01%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Victor, Wayne County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14564	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Victor, Wayne County, New York

When examining property taxes in Victor, 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 Wayne 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.

In Wayne 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 Victor.

For example, the median home price in Victor is $278,000, with tax bills ranging significantly across the county.

Property Tax Assessment Values Across Victor, Wayne County, New York

Source: Ownwell

$64,500

$149,025

$233,550

Median Victor Market Value

$278,000

Median Wayne County Market Value

$152,100

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Victor, Wayne County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14564	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Victor, Wayne County, New York

In Victor, NY, property tax bills are determined by the assessed value of a home multiplied by the local tax rate. The assessed value is a percentage of the market value of the property, which is determined by local assessors. Homeowners in Victor face a median property tax bill of $7,278, significantly higher than the national median of $2,400. This is due to the local tax rate being higher than the national median property tax rate of 1.02%. Factors influencing the tax bill include property size, location, and improvements made to the home. High property taxes can be a financial burden for homeowners, affecting their overall cost of living.

Ownwell assists homeowners in reducing their property tax bills by offering professional property tax appeal services. By analyzing property assessments and comparing them to similar properties, Ownwell identifies potential savings and guides homeowners through the appeal process. This service can result in substantial savings, easing the financial burden and ensuring homeowners pay only their fair share.

Property Tax Bills Across Victor, Wayne County, New York

Source: Ownwell

$1,643

$4,095

$6,547

Median Victor Tax Bill

$7,278

Median Wayne County Tax Bill

$4,668

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Victor, Wayne County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14564	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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Dates

Links
Wayne Assessment Review Commission
Website	wayne.sdgnys.com