Greenville, Albany County, New York Property Taxes

Name: Property Tax Bills Across Greenville, Albany County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Greenville, NY effective property tax rate: 2.47%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Greenville, NY home value: $186,667. Median annual Greenville, NY tax bill: $4,611, $2,211 higher than the national median property tax bill of $2,400.

How are property taxes in Albany calculated?

Property taxes in Greenville, NY 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 Greenville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Greenville, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Greenville, Albany County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.47%

Estimate Property Tax Bill

$4,611

$4,279

Ownwell’s Greenville Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Greenville with just two data points.

By entering your property's estimated assessed value, our calculator applies Greenville’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations.

This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Albany County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Greenville, Albany County, New York

Local government entities set tax rates, which can vary widely within a state. 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. In Greenville, Albany County, the effective property tax rate is significantly higher than both the state and national medians. With a rate of 2.47%, it stands out compared to the national median of 1.02%. This rate is uniform across Albany County, making it both the highest and lowest within the area. Such a high rate reflects the local government's budgetary needs and the value of taxable property. Understanding these dynamics can help property owners anticipate their tax obligations and consider appealing their property assessments if they feel overburdened.

Property Tax Rates Across Greenville, Albany County, New York

Source: Ownwell

0.73%

1.97%

3.20%

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 Greenville Tax Rate

2.47%

Median Effective Albany County Tax Rate

2.39%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Greenville, Albany County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12083	2.31%	2.47%	2.47%	2.47%	2.50%

Source: Ownwell

Property Tax Assessment Values Across Greenville, Albany County, New York

When examining property taxes in Greenville, NY, 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 Albany 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 Albany County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. 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 Greenville. For example, the median home price in Greenville is $186,667, with tax bills ranging significantly across the county. 12083 has the highest median home price at $186,667.

Property Tax Assessment Values Across Greenville, Albany County, New York

Source: Ownwell

$94,079

$238,900

$383,721

Median Greenville Market Value

$186,667

Median Albany County Market Value

$213,453

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Greenville, Albany County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12083	$106,667	$146,667	$186,667	$240,000	$302,182

Source: Ownwell

Property Tax Bills Across Greenville, Albany County, New York

In Greenville, Albany County, NY, property tax bills are determined based on the assessed value of a home, which is influenced by the local real estate market and property characteristics. The tax rate is applied to this assessed value to calculate the annual property tax bill. Homeowners in this area face significant property tax burdens, with median bills reaching $4,611, considerably higher than the national median of $2,400. The 25th percentile tax bill is $3,623, while the 75th percentile is $5,815, and the 90th percentile soars to $7,251, reflecting the substantial variance in tax burdens.

High property taxes can strain homeowners' finances, making it essential to seek ways to reduce these costs. Ownwell offers expert services to help homeowners appeal their property tax assessments and identify potential exemptions, potentially leading to significant savings. By leveraging Ownwell's expertise, homeowners can ensure their property taxes are fair and manageable, allowing them to better allocate their resources to other important financial goals.

Property Tax Bills Across Greenville, Albany County, New York

Source: Ownwell

$1,107

$4,878

$8,648

Median Greenville Tax Bill

$4,611

Median Albany County Tax Bill

$4,990

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Greenville, Albany County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12083	$2,635	$3,623	$4,611	$5,815	$7,251

Source: Ownwell

Don't miss the deadline to file a grievance!

Dates

Links
Albany Assessment Review Commission
Website	albany.sdgnys.com