13841 Property Tax Rate

Property owners in ZIP code 13841 (Smithville Flats, New York) pay a median of $2,782/year in property taxes on homes valued at $115,000. This translates to an effective tax rate of 2.42%, which is 31% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 13841 is approximately $232, which factors into escrow payments on mortgages. This ZIP code is located within Chenango County. This is $2,470 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 13841 has lower property taxes. ZIP codes with similar effective rates include 12762 (2.42%) and 12066 (2.42%).

In Smithville Flats, property taxes represent approximately 5.2% of the median household income of $53,125, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Chenango County assesses on a multi-year cycle, and purchase does not reset the assessment. Households earning ≤$500,000 should file for STAR (School Tax Relief) through the Chenango County Assessor to reduce school taxes by $250–$400 annually. Submit your STAR application by March 15 following purchase and request a copy of the assessment roll from the county to track future increases.