How much are property taxes in the Town of Nichols, NY?
Homeowners in the Town of Nichols, NY pay a median of $2,571 (±$242) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $2,934.
Homes without a mortgage pay a median of $1,977.
That is about 1.8% of the median home value of $145,200.
In the Town of Nichols, the median real estate tax went from $2,121 in 2015–2019 to $2,571 in 2020–2024 (+21.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median real estate taxes
- $2,571 (±$242)
- With a mortgage
- $2,934
- Without a mortgage
- $1,977
- Share of median value
- 1.8%
Real estate taxes in the Town of Nichols against Tioga County, its state and the nation
| Town of Nichols | Tioga County | New York | United States | |
|---|---|---|---|---|
| Median real estate taxes | $2,571 (±$242) | $3,751 (±$156) | $6,582 (±$21) | $3,119 |
| Homes with a mortgage | $2,934 (±$376) | $4,156 (±$284) | $6,954 (±$31) | $3,489 |
| Homes without a mortgage | $1,977 (±$366) | $3,423 (±$203) | $5,990 (±$41) | $2,576 |
| Median home value | $145,200 (±$26,811) | $160,800 (±$6,535) | $423,800 (±$1,627) | $332,700 |
In the Town of Nichols, the median real estate tax is lower than in Tioga County ($3,751).
It is also lower than in New York ($6,582).
It is lower than the national figure ($3,119).
In Tioga County, the Town of Nichols ranks 9 of 9 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 858 of 1,002.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in the Town of Nichols
The median tax ($2,571) is 1.8% of the median home value ($145,200).
Across Tioga County the same ratio is 2.3%.
Across New York it is 1.6%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
How property taxes in the Town of Nichols have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $2,121 (±$282) | $2,571 (±$242) | +21.2% | No measurable change after inflation |
| Median home value | $108,000 (±$12,631) | $145,200 (±$26,811) | +34.4% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,179 (±$96) | $1,332 (±$101) | +13.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near the Town of Nichols
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Town of Nichols | — | $2,571 (±$242) | — |
| Village of Nichols | 1.5 mi | $2,402 (±$604) | Not measurably different |
| Town of Tioga | 5.1 mi | $2,614 (±$579) | Not measurably different |
| Windham Township (Bradford County) | 5.4 mi | $1,380 (±$182) | Lower |
| Village of Owego | 6.6 mi | $3,803 (±$594) | Higher |
| Litchfield Township | 6.9 mi | $2,378 (±$250) | Not measurably different |
| Town of Barton | 8.2 mi | $3,310 (±$269) | Higher |
| Town of Owego | 8.6 mi | $4,557 (±$352) | Higher |
| Sayre | 9.5 mi | $2,132 (±$349) | Lower |
Nearby places with a measurably lower figure: Windham Township (Bradford County), PA ($1,380), Sayre, PA ($2,132).
Nearby places with a measurably higher figure: Village of Owego, NY ($3,803), Town of Barton, NY ($3,310), Town of Owego, NY ($4,557).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Tioga County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 3 | Town of Spencer | $4,189 (±$455) |
| 4 | Town of Berkshire | $3,573 (±$348) |
| 5 | Town of Newark Valley | $3,554 (±$344) |
| 6 | Town of Barton | $3,310 (±$269) |
| 7 | Town of Richford | $2,898 (±$492) |
| 8 | Town of Tioga | $2,614 (±$579) |
| 9 | Town of Nichols | $2,571 (±$242) |
Showing 7 of 9 places in Tioga County, ranked from highest to lowest.
A New York town includes the villages and hamlets inside it, so the figures for the Town of Nichols include them.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Town of Nichols
How much are property taxes in the Town of Nichols?
The median real estate tax paid by homeowners in the Town of Nichols, NY is $2,571 (±$242) a year (2020–2024 American Community Survey).
What is the property tax rate in the Town of Nichols?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.8% of the median home value in the Town of Nichols, and the actual rate is set by the town, county and school district.
Have property taxes in the Town of Nichols gone up?
In the Town of Nichols, the median real estate tax went from $2,121 in 2015–2019 to $2,571 in 2020–2024 (+21.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Are property taxes in the Town of Nichols higher than in Tioga County?
In the Town of Nichols, the median real estate tax is lower than in Tioga County ($3,751).
It is also lower than in New York ($6,582).
It is lower than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Nichols town, Tioga County, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Nichols town, Tioga County, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Nichols town, Tioga County, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Nichols town, Tioga County, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Nichols town, Tioga County, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Nichols town, Tioga County, New York (county subdivision:51121, in state:36 county:107).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Home values in the Town of Nichols
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- Types of homes in the Town of Nichols
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- Age of homes in the Town of Nichols
- Heating fuel in the Town of Nichols
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- Population growth in the Town of Nichols
- How long people stay in the Town of Nichols
- New York landlord and tenant rules
- Housing across Tioga County
- New York places ranked by property taxes
- Housing data for every place in New York