13754 Property Tax Rate

Property owners in ZIP code 13754 (Deposit, New York) pay a median of $2,855/year in property taxes on homes valued at $126,400. This translates to an effective tax rate of 2.26%, which is 22% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 13754 is approximately $238, which factors into escrow payments on mortgages. This ZIP code is located within Broome County. This is $2,397 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 13754 has lower property taxes. ZIP codes with similar effective rates include 13832 (2.26%) and 13802 (2.26%).

In Deposit, property taxes represent approximately 4.8% of the median household income of $59,583, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; assessments are conducted by town assessors at intervals set by each municipality. Broome County primary homebuyers earning under $500,000 must enroll in STAR (School Tax Relief) to exempt a percentage of assessed value from school taxes, potentially saving $300–$600/year in this lower-value market. File your STAR application with the Broome County Assessor's office before the March 1 deadline to receive benefits on your next tax bill.