Chateaugay, New York Property Taxes
The median property tax rate in Chateaugay, NY is 2.67%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Chateaugay at $194,700, the typical annual property tax bill reaches $4,995, far exceeding the national median of $2,690. Property taxes in Chateaugay are calculated based on the assessed value, which often falls below the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Chateaugay's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Chateaugay or another part of Clinton County, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Chateaugay, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.67%
Estimate Property Tax Bill
$5,198
$4,824
Ownwell’s Chateaugay Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Chateaugay with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Chateaugay to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Chateaugay, New York
Property taxes in Chateaugay, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Chateaugay is 2.67%, significantly higher than the New York state median and the U.S. national median of 0.99%. Local government entities within Chateaugay set these rates annually, and they can vary significantly across different neighborhoods. Each year, Chateaugay estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Chateaugay's effective property tax rate to other counties in New York and the national median. For comparison, the 12920 zip code has both the highest and lowest median property tax rate of 2.67%. Understanding how these cities compare with Chateaugay provides valuable insights into the varying tax landscape across Clinton County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Chateaugay Tax Rate
2.67%
Average Clinton County Tax Rate
2.57%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Chateaugay, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12920 | 1.32% | 2.30% | 2.67% | 2.72% | 2.76% |
Source: Ownwell
Property Tax Assessment Values Across Chateaugay, New York
In Chateaugay, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Clinton County Appraisal District for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Chateaugay, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Chateaugay helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 12920, with a median tax bill of $5,068.
Average Chateaugay Assessed Value
$194,700
Average Clinton County Assessed Value
$146,700
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Chateaugay, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12920 | $45,600 | $102,000 | $198,900 | $245,000 | $284,640 |
Source: Ownwell
Property Tax Bills Across Chateaugay, New York
In Chateaugay, located in Clinton County, NY, property tax bills are calculated based on the assessed value of a property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners, the median home price in Chateaugay is $194,700. Property tax bills can vary significantly, with those at the 25th percentile paying around $2,222, while those at the 75th percentile pay about $6,267. The highest tax bills, at the 90th percentile, can reach up to $7,069 annually. These variations in tax bills are influenced by factors such as property size, location, and any improvements made to the property. Compared to the national median property tax rate of 0.99%, homeowners in Chateaugay experience a wide range of tax burdens. Understanding these factors helps homeowners better anticipate their financial obligations and plan accordingly.
Average Chateaugay Tax Bill
$4,995
Average Clinton County Tax Bill
$3,822
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Chateaugay, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12920 | $653 | $2,362 | $5,068 | $6,273 | $7,103 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Clinton Assessment Review Commission | |
| Website | clinco.maps.arcgis.com |