South Bethlehem, Albany County, New York Property Taxes

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

Median South Bethlehem, NY effective property tax rate: 0.73%, significantly lower than the national median of 1.02%, but lower than the NY state median of 2.39%.
Median South Bethlehem, NY home value: $186,338
Median annual South Bethlehem, NY tax bill: $1,358, $1,042 lower than the national median property tax bill of $2,400.

How are property taxes in Albany calculated?

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

Last Updated March 1, 2025

South Bethlehem, Albany County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.73%

Estimate Property Tax Bill

$1,360

$1,262

Ownwell’s South Bethlehem Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in South Bethlehem with just two data points. By entering your property's estimated assessed value, our calculator applies South Bethlehem’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 South Bethlehem, Albany County, New York

Local government entities determine tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell.

In South Bethlehem, located in Albany County, NY, the effective property tax rate is a key consideration for homeowners. The median property tax rate in South Bethlehem stands at 0.73%, which is notably lower than the national median property tax rate of 1.02%. This lower rate can result in significant savings for property owners compared to the national average.

When comparing South Bethlehem's property tax rate to other cities within New York, it is clear that homeowners in this area benefit from a more favorable tax environment. This can make a substantial difference in annual property tax bills, potentially easing the financial burden on residents and making homeownership more affordable.

Property Tax Rates Across South Bethlehem, 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 South Bethlehem Tax Rate

0.73%

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 South Bethlehem, Albany County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12161	0.73%	0.73%	0.73%	0.73%	0.73%

Source: Ownwell

Property Tax Assessment Values Across South Bethlehem, Albany County, New York

When examining property taxes in South Bethlehem, 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 South Bethlehem. For example, the median home price in South Bethlehem is $186,338, with tax bills ranging significantly across the county. 12161 has the highest median home price at $186,338.

Property Tax Assessment Values Across South Bethlehem, Albany County, New York

Source: Ownwell

$94,079

$238,900

$383,721

Median South Bethlehem Market Value

$186,338

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 South Bethlehem, Albany County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12161	$147,282	$170,349	$186,338	$205,232	$245,930

Source: Ownwell

Property Tax Bills Across South Bethlehem, Albany County, New York

In South Bethlehem, Albany County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price in the area is $186,338. Homeowners in Albany County face a property tax bill with a median value of around $1,358. This is lower than the national median property tax bill of $2,400. The tax bill can vary significantly, with the 25th percentile at $1,226 and the 90th percentile reaching up to $1,674. Factors influencing the tax bill include the assessed property value and applicable exemptions. High property taxes can significantly impact homeowners' budgets, making it essential to explore potential savings. Ownwell assists homeowners by identifying opportunities for property tax appeals and exemptions, potentially lowering their tax burdens. By analyzing property assessments and local tax regulations, Ownwell helps ensure homeowners in South Bethlehem pay only their fair share, potentially saving them hundreds of dollars annually on their property tax bills.

Property Tax Bills Across South Bethlehem, Albany County, New York

Source: Ownwell

$1,107

$4,878

$8,648

Median South Bethlehem Tax Bill

$1,358

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 South Bethlehem, Albany County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12161	$985	$1,226	$1,358	$1,492	$1,674

Source: Ownwell

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Dates

Links
Albany Assessment Review Commission
Website	albany.sdgnys.com