14871 Property Tax Rate

Property owners in ZIP code 14871 (Pine City, New York) pay a median of $3,736/year in property taxes on homes valued at $169,800. This translates to an effective tax rate of 2.20%, which is 19% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 14871 is approximately $311, which factors into escrow payments on mortgages. This ZIP code is located within Chemung County. This is $1,516 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 14871 has lower property taxes. ZIP codes with similar effective rates include 10941 (2.20%) and 13112 (2.20%).

In Pine City, property taxes represent approximately 4.9% of the median household income of $76,445, 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.