Cortland, Cayuga County, New York Property Taxes
Property Taxes in Cortland, New York
Median Cortland, New York effective property tax rate: 1.00%, significantly lower than the national median of 1.02%, and lower than the New York state median of 1.90%.
Median Cortland, New York home value: $166,154
Median annual Cortland, New York tax bill: $1,635, $765 lower than the national median property tax bill of $2,400.
How are property taxes in Cayuga calculated?
Property taxes in Cortland, New York are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Cortland's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cortland, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Cortland, Cayuga County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1%
Estimate Property Tax Bill
$1,662
$1,542
How Does the Cortland Property Tax Calculator Work?
Use this Cortland property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Cortland's median effective tax rate of 1.00% — based on actual property records in Cayuga County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Cortland's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Cortland: rates are 1.00% in 13045, primarily due to differences in school district levies and local assessment districts. Cortland's median effective tax rate is higher than the national median property tax rate of 1.02%, while the median property tax bill of $1,635 is lower than the national median property tax bill of $2,400.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Cortland.
About Cortland Property Taxes
About Property Taxes in Cortland, Cayuga, New York
Cortland's median effective property tax rate of 1.00% is lower than the New York state median of 1.90% and lower than the national median of 1.02%. This rate reflects the Cayuga County base levy combined with local school district levies and special district levies that vary by subdivision throughout the city.
Property tax rates are not uniform across Cortland. Homeowners in the 13045 ZIP code carry a median effective rate of 1.00%, while those in the lowest ZIP code pay 1.00%. This spread reflects how school district boundaries and local assessment districts are drawn across Cayuga County. Understanding which part of Cortland you live in can make a meaningful difference to your annual tax bill.
Cortland homeowners who believe their assessed value is too high can file a formal appeal with the Assessment Review Commission before the May 26, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Cortland, Cayuga County, New York
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Cortland's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cortland Tax Rate
1.00%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Cayuga County Tax Rate
1.94%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Cortland, Cayuga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13045 | 0.78% | 1.00% | 1.00% | 1.00% | 1.00% |
Source: Ownwell
Property Tax Assessment Values Across Cortland, Cayuga County, New York
When examining property taxes in Cortland, New York, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cayuga County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Cayuga County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cortland.
For example, the median home price in Cortland is $166,154, with tax bills ranging significantly across the county. 13045 has the highest median home price at $166,154.
Property Tax Assessment Values Across Cortland, Cayuga County, New York
Source: Ownwell
$119,149
$322,190
$525,231
Median Cortland Market Value
$166,154
Median Cayuga County Market Value
$168,636
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Cortland, Cayuga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13045 | $61,440 | $108,874 | $166,154 | $249,423 | $327,902 |
Source: Ownwell
Property Tax Bills Across Cortland, Cayuga County, New York
Property tax bills in Cortland are calculated by applying the local tax rate to a home’s assessed value, which is based on the market value of the property. The assessed value is then used to determine how much a homeowner owes each year, with local budgets and taxing authorities playing a major role in the final bill.
For a home with a median price of $166,154, the property tax bill can vary widely depending on assessment and local rates. In this area, the median tax bill is $1,635, while bills at the 25th percentile are $1,021 and bills at the 75th percentile are $2,540. At the 90th percentile, the bill reaches $3,419.
These differences show how property taxes can affect homeowners unevenly, even among similar homes. A higher assessed value or a higher tax rate can increase the bill, making property taxes a significant ongoing housing cost.
Median Cortland Tax Bill
$1,635
Median Cayuga County Tax Bill
$3,048
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across Cortland, Cayuga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13045 | $613 | $1,021 | $1,635 | $2,540 | $3,419 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Cayuga Assessment Review Commission | |
| Website | ccgis.cayugacounty.us |