How much are property taxes in the Village of Lakewood, NY?
Homeowners in the Village of Lakewood, NY pay a median of $3,631 (±$634) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $3,945.
Homes without a mortgage pay a median of $3,331.
That is about 2.3% of the median home value of $158,500.
In the Village of Lakewood, the median real estate tax went from $3,398 in 2015–2019 to $3,631 in 2020–2024 (+6.9%).
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
- $3,631 (±$634)
- With a mortgage
- $3,945
- Without a mortgage
- $3,331
- Share of median value
- 2.3%
Real estate taxes in the Village of Lakewood against Chautauqua County, its state and the nation
| Village of Lakewood | Chautauqua County | New York | United States | |
|---|---|---|---|---|
| Median real estate taxes | $3,631 (±$634) | $2,901 (±$75) | $6,582 (±$21) | $3,119 |
| Homes with a mortgage | $3,945 (±$750) | $3,271 (±$97) | $6,954 (±$31) | $3,489 |
| Homes without a mortgage | $3,331 (±$1,374) | $2,598 (±$90) | $5,990 (±$41) | $2,576 |
| Median home value | $158,500 (±$19,627) | $127,900 (±$4,463) | $423,800 (±$1,627) | $332,700 |
In the Village of Lakewood, the median real estate tax is higher than in Chautauqua County ($2,901).
It is also lower than in New York ($6,582).
It is not measurably different from the national figure ($3,119).
In Chautauqua County, the Village of Lakewood ranks 3 of 13 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 349 of 530.
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 Village of Lakewood
The median tax ($3,631) is 2.3% of the median home value ($158,500).
Across Chautauqua 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 Village of Lakewood have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $3,398 (±$411) | $3,631 (±$634) | +6.9% | No measurable change after inflation |
| Median home value | $113,700 (±$11,306) | $158,500 (±$19,627) | +39.4% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,173 (±$102) | $1,558 (±$274) | +32.8% | 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 Village of Lakewood
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Village of Lakewood | — | $3,631 (±$634) | — |
| Jamestown West | 2.1 mi | $3,045 (±$933) | Not measurably different |
| Village of Celoron | 2.2 mi | $1,927 (±$285) | Lower |
| Town of Busti | 3.4 mi | $3,876 (±$331) | Not measurably different |
| Jamestown | 4.3 mi | $2,453 (±$188) | Lower |
| Town of Ellicott | 4.9 mi | $2,662 (±$351) | Lower |
| Village of Bemus Point | 5.7 mi | $6,750 (±$3,045) | Higher |
| Village of Falconer | 6.5 mi | $2,369 (±$387) | Lower |
| Town of Ellery | 6.5 mi | $3,796 (±$701) | Not measurably different |
Nearby places with a measurably lower figure: Village of Celoron, NY ($1,927), Jamestown, NY ($2,453), Town of Ellicott, NY ($2,662).
Nearby places with a measurably higher figure: Village of Bemus Point, NY ($6,750).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Chautauqua County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 | Village of Bemus Point | $6,750 (±$3,045) |
| 2 | Village of Fredonia | $4,725 (±$325) |
| 3 | Village of Lakewood | $3,631 (±$634) |
| 4 | Village of Brocton | $3,391 (±$364) |
| 5 | Village of Silver Creek | $3,350 (±$166) |
| 6 | Village of Mayville | $3,257 (±$658) |
| 7 | Village of Sinclairville | $2,664 (±$401) |
| 8 | Village of Westfield | $2,618 (±$285) |
| 9 | Village of Panama | $2,500 (±$668) |
Showing 9 of 13 places in Chautauqua County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Village of Lakewood
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Village of Lakewood beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Village of Lakewood, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Village of Lakewood, and send estimates and invoices from your phone.
Questions about Village of Lakewood
How much are property taxes in the Village of Lakewood?
The median real estate tax paid by homeowners in the Village of Lakewood, NY is $3,631 (±$634) a year (2020–2024 American Community Survey).
What is the property tax rate in the Village of Lakewood?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 2.3% of the median home value in the Village of Lakewood, and the actual rate is set by the town, county and school district.
Have property taxes in the Village of Lakewood gone up?
In the Village of Lakewood, the median real estate tax went from $3,398 in 2015–2019 to $3,631 in 2020–2024 (+6.9%).
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 Village of Lakewood higher than in Chautauqua County?
In the Village of Lakewood, the median real estate tax is higher than in Chautauqua County ($2,901).
It is also lower than in New York ($6,582).
It is not measurably different from the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lakewood village, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakewood village, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Lakewood village, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lakewood village, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Lakewood village, 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 Lakewood village, New York (place:41069, in state:36).
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
- Housing in the Village of Lakewood at a glance
- Median rent in the Village of Lakewood
- Rent by bedrooms in the Village of Lakewood
- Rent burden in the Village of Lakewood
- Renters and owners in the Village of Lakewood
- Income and affordability in the Village of Lakewood
- Home values in the Village of Lakewood
- Homeowner costs in the Village of Lakewood
- Types of homes in the Village of Lakewood
- Bedrooms in the Village of Lakewood
- Age of homes in the Village of Lakewood
- Heating fuel in the Village of Lakewood
- Commute and cars in the Village of Lakewood
- Crime reported to police in the Village of Lakewood
- Population growth in the Village of Lakewood
- How long people stay in the Village of Lakewood
- New York landlord and tenant rules
- Housing across Chautauqua County
- New York places ranked by property taxes
- Housing data for every place in New York