Selkirk, Albany County, New York Property Taxes

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

Median Selkirk, NY effective property tax rate: 0.81%, significantly lower than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Selkirk, NY home value: $229,186
Median annual Selkirk, NY tax bill: $1,892, $508 lower than the national median property tax bill of $2,400.

How are property taxes in Albany calculated?

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

Last Updated March 1, 2025

Selkirk, Albany County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.81%

Estimate Property Tax Bill

$1,856

$1,723

Ownwell’s Selkirk Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Selkirk with just two data points. By entering your property's estimated assessed value, our calculator applies Selkirk’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by Albany 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 Selkirk, Albany County, New York

Local government entities set tax rates, which can vary widely within a state. Annually, 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. Below, you can compare Selkirk’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.

In Selkirk, located in Albany County, the median property tax rate is 0.81%, which is below the national median of 1.02%. This rate is consistent across Albany County, as it also represents the highest and lowest median tax rates in the area. Compared to the national median property tax bill of $2,400, residents in Selkirk benefit from relatively lower tax rates, potentially leading to significant savings. This advantageous tax landscape makes Selkirk an attractive option for property owners seeking to minimize their annual tax burden while still enjoying the services and benefits provided by the local government.

Property Tax Rates Across Selkirk, 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 Selkirk Tax Rate

0.81%

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 Selkirk, Albany County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12158	0.67%	0.74%	0.81%	1.39%	2.70%

Source: Ownwell

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

When examining property taxes in Selkirk, 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 Selkirk. For example, the median home price in Selkirk is $229,186, with tax bills ranging significantly across the county. 12158 has the highest median home price at $229,186.

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

Source: Ownwell

$94,079

$238,900

$383,721

Median Selkirk Market Value

$229,186

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 Selkirk, Albany County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12158	$124,866	$172,093	$229,186	$299,913	$396,512

Source: Ownwell

Property Tax Bills Across Selkirk, Albany County, New York

In Selkirk, located in Albany County, NY, property tax bills are calculated based on the assessed value of a home. The local tax rate is applied to this assessed value to determine the annual tax bill. Factors influencing the tax bill include the property's assessed value, which may differ from its market value, and the specific tax rate set by local authorities. Homeowners in Selkirk face a median property tax bill of $1,892, which is below the national median of $2,400. However, tax bills can vary significantly, with the 25th percentile at $1,308 and the 90th percentile reaching $7,535. This variation highlights the importance of ensuring an accurate assessment to avoid overpaying. Ownwell can assist homeowners by reviewing their property assessments and identifying potential inaccuracies. By appealing incorrect assessments, Ownwell helps homeowners potentially reduce their tax bills, ensuring they pay only their fair share and not a penny more.

Property Tax Bills Across Selkirk, Albany County, New York

Source: Ownwell

$1,107

$4,878

$8,648

Median Selkirk Tax Bill

$1,892

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 Selkirk, Albany County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12158	$863	$1,308	$1,892	$3,927	$7,535

Source: Ownwell

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Dates

Links
Albany Assessment Review Commission
Website	albany.sdgnys.com