14101 Property Tax Rate

Property owners in ZIP code 14101 (Machias, New York) pay a median of $2,230/year in property taxes on homes valued at $104,400. This translates to an effective tax rate of 2.14%, which is 16% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 14101 is approximately $186, which factors into escrow payments on mortgages. This ZIP code is located within Cattaraugus County. This is $3,022 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 14101 has higher property taxes. ZIP codes with similar effective rates include 13303 (2.14%) and 12583 (2.14%).

In Machias, property taxes represent approximately 3.2% of the median household income of $70,083, providing context for the relative tax burden on homeowners in this area.

If you're considering purchasing a home in 14101, keep in mind that property taxes are based on the assessed value assigned by the local assessor, which may differ from the purchase price. In some states, properties are reassessed at or near the sale price upon transfer of ownership. For the most current tax information for a specific property, consult Cattaraugus County's tax assessor directly.