13071 Property Tax Rate

Property owners in ZIP code 13071 (Genoa, New York) pay a median of $2,690/year in property taxes on homes valued at $179,600. This translates to an effective tax rate of 1.50%, which is 19% below the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 13071 is approximately $224, which factors into escrow payments on mortgages. This ZIP code is located within Cayuga County. This is $2,562 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 13071 has higher property taxes. ZIP codes with similar effective rates include 14034 (1.50%) and 14521 (1.50%).

In Genoa, property taxes represent approximately 3.4% of the median household income of $79,464, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Cayuga County reassesses on a multi-year cycle, and your purchase price does not reset the assessment. Apply for STAR (School Tax Relief) with the Cayuga County Assessor if household income is ≤$500,000 to save $400–$600/year on school taxes. File your STAR application by March 15 following purchase; if age 65+, also inquire about Enhanced STAR to maximize your exemption.