13783 Property Tax Rate

Property owners in ZIP code 13783 (Hancock, New York) pay a median of $3,123/year in property taxes on homes valued at $152,800. This translates to an effective tax rate of 2.04%, which is 11% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 13783 is approximately $260, which factors into escrow payments on mortgages. This ZIP code is located within Delaware County. This is $2,129 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 13783 has higher property taxes. ZIP codes with similar effective rates include 14141 (2.04%) and 11779 (2.04%).

In Hancock, property taxes represent approximately 5.6% of the median household income of $56,176, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Delaware County assessments are revalued on the town's reassessment cycle, with no automatic protection at sale. Delaware County residents earning ≤$500,000 qualify for STAR (School Tax Relief), which typically saves $300–$600/year on school taxes—apply at the Delaware County Assessor's office before March 15. Request a copy of your assessment from the Delaware County Assessor immediately after closing to verify the opening value and file a STAR application if eligible.