Rensselaerville, Albany County, New York Property Taxes
Median Rensselaerville, NY effective property tax rate: 2.57%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Rensselaerville, NY home value: $184,200
Median annual Rensselaerville, NY tax bill: $4,673, $2,273 higher than the national median property tax bill of $2,400.
How are property taxes in Albany calculated?
Property taxes in Rensselaerville, 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 Rensselaerville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Rensselaerville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Rensselaerville, Albany County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.57%
Estimate Property Tax Bill
$4,734
$4,393
Property Tax Rates Across Rensselaerville, Albany County, New York
Local government entities determine tax rates, which can differ significantly within a state. This variation occurs because each county calculates its necessary budget for services and divides it by the total assessed value of all taxable properties within its area. This calculation determines the property tax rate. Although votes and laws play a role in setting these rates and budgets, this process occurs annually.
In Rensselaerville, located in Albany County, NY, the effective property tax rate stands out when compared to other cities in New York. The median property tax rate in New York is notably higher than the national median, which is 1.02%. This difference highlights the higher property tax burden faced by property owners in Rensselaerville compared to the average U.S. property owner. Understanding these differences can be crucial for property owners looking to manage their tax liabilities effectively. Whether you're considering an appeal or seeking exemptions, being informed about local tax rates and how they compare to state and national averages is essential for making informed financial decisions.
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 Rensselaerville Tax Rate
2.57%
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 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 Rensselaerville, Albany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12147 | 2.39% | 2.55% | 2.57% | 2.57% | 2.62% |
Source: Ownwell
Property Tax Assessment Values Across Rensselaerville, Albany County, New York
When examining property taxes in Rensselaerville, 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 assessment office 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 March. 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 Rensselaerville. For example, the median home price in Rensselaerville is $184,200, with tax bills ranging significantly across the county. 12147 has the highest median home price at $184,200.
Property Tax Assessment Values Across Rensselaerville, Albany County, New York
Source: Ownwell
$94,079
$238,900
$383,721
Median Rensselaerville Market Value
$184,200
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 Rensselaerville, Albany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12147 | $80,000 | $124,100 | $184,200 | $271,334 | $357,040 |
Source: Ownwell
Property Tax Bills Across Rensselaerville, Albany County, New York
Median Rensselaerville Tax Bill
$4,673
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 Rensselaerville, Albany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12147 | $1,976 | $3,140 | $4,673 | $6,694 | $8,668 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Albany Assessment Review Commission | |
| Website | albany.sdgnys.com |