Lakewood, New York property tax

Median property tax, home value and effective rate (Census 2020โ€“2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
2.29%

Homeowners in Lakewood, New York paid a median $3,631 a year in property tax on a median home worth $158,500, an effective rate of about 2.29% (Census 2020โ€“2024).

Census ACS 2020โ€“2024 5-year medians

#622 lowest of 896New York places we cover

2.27%Chautauqua County overall
Median tax paid
$3,631
per year, 2020โ€“24
Median home value
$158,500
owner-occupied
Effective rate
2.29%
tax รท value
Tax vs. income
5.4%
of $67,557 median household income
Owner costs
$1,558/mo
median with a mortgage, incl. tax & insurance

Lakewood vs county, state and US

Effective rate

Lakewood2.29%
Chautauqua County2.27%
New York1.55%
United States0.94%

Median tax paid per year

Lakewood$3,631
Chautauqua County$2,901
New York$6,582
United States$3,119

Tax on a home in Lakewood

At the local 2.29% effective rate

Home valueEstimated yearly taxPer month
$150,000$3,436$286
$250,000$5,727$477
$350,000$8,018$668
$500,000$11,454$955

Buying a home in Chautauqua County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020โ€“2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020โ€“2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax รท median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Frequently asked questions

What is the property tax rate in Lakewood, New York?

Homeowners in Lakewood, New York paid a median $3,631 a year in property tax on a median home worth $158,500, an effective rate of about 2.29% (Census 2020โ€“2024).

How much is property tax on a $250,000 home in Lakewood?

About $5,727 a year at the 2.29% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Lakewood higher than the rest of New York?

Lakewood ranks #622 lowest of 896 New York places we track. The statewide effective rate is 1.55%. Chautauqua County overall is 2.27%.