14825 Property Tax Rate

Property owners in ZIP code 14825 (Chemung, New York) pay a median of $2,573/year in property taxes on homes valued at $155,500. This translates to an effective tax rate of 1.65%, which is 10% below the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 14825 is approximately $214, which factors into escrow payments on mortgages. This ZIP code is located within Chemung County. This is $2,679 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 14825 has lower property taxes. ZIP codes with similar effective rates include 12590 (1.66%) and 12962 (1.66%).

In Chemung, property taxes represent approximately 4.2% of the median household income of $60,900, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Chemung County towns reassess properties on local cycles, typically every 5–8 years. Chemung County homebuyers with primary residences and household income under $500,000 must enroll in STAR (School Tax Relief), which exempts a percentage of assessed value from school taxes — saving $400–$1,000/year in this higher-value market. Register for STAR with the Chemung County Assessor's office by the March 1 deadline to begin receiving benefits on your next tax bill.