Waterloo, Seneca County, New York Property Taxes
Property Taxes in Waterloo, New York
Median Waterloo, New York effective property tax rate: 2.20%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Waterloo, New York home value: $122,800
Median annual Waterloo, New York tax bill: $3,068, $668 higher than the national median property tax bill of $2,400.
How are property taxes in Seneca calculated?
Property taxes in Waterloo, 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 Waterloo's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Waterloo, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Waterloo, Seneca County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.2%
Estimate Property Tax Bill
$2,702
$2,507
How Does the Waterloo Property Tax Calculator Work?
Use this Waterloo property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Waterloo's median effective tax rate of 2.20% — based on actual property records in Seneca County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal 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 Waterloo'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 Waterloo: rates range from 2.20% in 13165 to 2.20% in 13165, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Waterloo.
About Waterloo Property Taxes
About Property Taxes in Waterloo, Seneca, New York
Waterloo’s median effective property tax rate of 2.20% is higher than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Seneca County 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 Waterloo. Homeowners in the 13165 ZIP code carry a median effective rate of 2.20%, while those in the same ZIP also pay 2.20%. This reflects how school district boundaries and local assessment districts are drawn across Seneca County.
Waterloo 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 Waterloo, Seneca 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 Waterloo'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 Waterloo Tax Rate
2.20%
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 Seneca County Tax Rate
1.97%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Waterloo, Seneca County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13165 | 1.29% | 1.81% | 2.20% | 3.16% | 3.39% |
Source: Ownwell
Property Tax Assessment Values Across Waterloo, Seneca County, New York
When examining property taxes in Waterloo, 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 Seneca 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 Seneca 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. For example, the median home price in Waterloo is $122,800, with tax bills ranging significantly across the county. ZIP code 13165 has the highest median home price at $122,800.
Property Tax Assessment Values Across Waterloo, Seneca County, New York
Source: Ownwell
$112,658
$197,174
$281,690
Median Waterloo Market Value
$122,800
Median Seneca County Market Value
$157,400
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Waterloo, Seneca County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13165 | $68,790 | $94,000 | $122,800 | $177,186 | $251,500 |
Source: Ownwell
Property Tax Bills Across Waterloo, Seneca County, New York
How are property tax bills calculated in Waterloo, New York?
Property tax bills in Waterloo are based on the assessed value of a home, not its market price. Local taxing authorities apply the property tax rate to that assessed value to determine the bill, and the amount can vary depending on exemptions, local budgets, and other taxing jurisdictions. With a median home price of $122,800, homeowners in Waterloo face a median property tax bill of $3,068, which is above the national median property tax bill of $2,400.
What factors affect the final bill? The home’s assessed value, the local tax rate, and any eligible exemptions all play a role. Bills can differ widely across the area, with the 25th percentile at $2,170 and the 75th percentile at $4,179. At the 90th percentile, the bill reaches $5,792, showing how much higher taxes can climb for some homeowners.
For homeowners, a higher property tax bill can add a significant ongoing cost to owning a home and may affect affordability over time.
Median Waterloo Tax Bill
$3,068
Median Seneca County Tax Bill
$3,465
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across Waterloo, Seneca County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13165 | $1,254 | $2,170 | $3,068 | $4,179 | $5,792 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Seneca Assessment Review Commission | |
| Website | i2o.uslandrecords.com |