14505 Property Tax Rate

Property owners in ZIP code 14505 (Marion, New York) pay a median of $4,845/year in property taxes on homes valued at $178,800. This translates to an effective tax rate of 2.71%, which is 47% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 14505 is approximately $404, which factors into escrow payments on mortgages. This ZIP code is located within Wayne County. This is $407 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 14505 has lower property taxes. ZIP codes with similar effective rates include 14514 (2.71%) and 12563 (2.71%).

In Marion, property taxes represent approximately 5.6% of the median household income of $86,188, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Wayne County reassesses periodically with no automatic protection at sale. Apply for STAR (School Tax Relief) with the Wayne County Assessor if household income is ≤$500,000 to reduce school taxes by $300–$500/year. File your application by March 15 following purchase; if age 65+, also inquire about Enhanced STAR eligibility for greater savings.