13158 Property Tax Rate

Property owners in ZIP code 13158 (Truxton, New York) pay a median of $4,506/year in property taxes on homes valued at $168,500. This translates to an effective tax rate of 2.67%, which is 45% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 13158 is approximately $376, which factors into escrow payments on mortgages. This ZIP code is located within Cortland County. This is $746 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 13158 has higher property taxes. ZIP codes with similar effective rates include 13078 (2.67%) and 14812 (2.67%).

In Truxton, property taxes represent approximately 5.6% of the median household income of $80,809, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Cortland County is a higher-rate jurisdiction where assessments are revalued on a periodic schedule with no reset at sale. Apply for STAR (School Tax Relief) with the Cortland County Assessor if household income is ≤$500,000 to reduce school taxes by approximately $350–$500 annually. Submit your application by March 15 following purchase and obtain your initial tentative assessment from the county to establish a baseline.