13061 Property Tax Rate

Property owners in ZIP code 13061 (Erieville, New York) pay a median of $3,656/year in property taxes on homes valued at $222,600. This translates to an effective tax rate of 1.64%, which is 11% below the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 13061 is approximately $305, which factors into escrow payments on mortgages. This ZIP code is located within Madison County. This is $1,596 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 13061 has higher property taxes. ZIP codes with similar effective rates include 13687 (1.64%) and 13633 (1.64%).

In Erieville, property taxes represent approximately 4.4% of the median household income of $83,239, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Madison County reassesses properties on a set schedule, and purchase does not trigger an automatic revaluation. Households earning ≤$500,000 qualify for STAR (School Tax Relief) through the Madison County Assessor, typically saving $400–$600/year on school taxes. Apply by March 15 following your purchase; if age 65+, ask whether you qualify for Enhanced STAR for additional property tax relief.