14427 Property Tax Rate

Property owners in ZIP code 14427 (Castile, New York) pay a median of $2,504/year in property taxes on homes valued at $115,600. This translates to an effective tax rate of 2.17%, which is 17% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 14427 is approximately $209, which factors into escrow payments on mortgages. This ZIP code is located within Wyoming County. This is $2,748 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 14427 has lower property taxes. ZIP codes with similar effective rates include 12007 (2.17%) and 13035 (2.17%).

In Castile, property taxes represent approximately 3.9% of the median household income of $63,571, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Wyoming County towns conduct reassessments at intervals determined locally, typically every 5–8 years. Wyoming County homebuyers with household income under $500,000 must enroll in STAR (School Tax Relief) to exempt a percentage of assessed value from school taxes, generating annual savings of $300–$700 in this market. File your STAR application with the Wyoming County Assessor's office or your town assessor by March 1 to begin receiving benefits.