Chatham, Columbia County, New York Property Taxes

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

Median Chatham, NY effective property tax rate: 1.76%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Chatham, NY home value: $307,590
Median annual Chatham, NY tax bill: $5,589, $3,189 higher than the national median property tax bill of $2,400.

How are property taxes in Columbia calculated?

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

Last Updated March 1, 2025

Chatham, Columbia County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.76%

Estimate Property Tax Bill

$5,414

$5,024

Ownwell’s Chatham Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Chatham with just two data points. By entering your property's estimated assessed value, our calculator applies Chatham’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 Columbia County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Chatham, Columbia County, New York

Local government entities determine tax rates, which can vary significantly even within the same state. This is because each county, including Columbia County, estimates its annual budget needs for services and divides this by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While voting and legislation play roles in setting these rates and budgets, this is the core of the annual process.

In Chatham, part of Columbia County, the effective property tax rate is 1.76%. This rate is the highest within the county, yet it aligns with the lowest rate, showing uniformity across the region. Compared to the national median property tax rate of 1.02%, Chatham's rate is significantly higher. This means that property owners in Chatham contribute more in taxes relative to the value of their property than the average U.S. property owner. Understanding these rates can help property owners make informed decisions about appealing their property taxes or seeking exemptions.

Property Tax Rates Across Chatham, Columbia County, New York

Source: Ownwell

1.41%

1.87%

2.34%

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 Chatham Tax Rate

1.76%

Median Effective Columbia County Tax Rate

1.71%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Chatham, Columbia County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12037	1.66%	1.73%	1.76%	1.96%	2.00%

Source: Ownwell

Property Tax Assessment Values Across Chatham, Columbia County, New York

When examining property taxes in Chatham, 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 Columbia 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.

In Columbia 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 Chatham. For example, the median home price in Chatham is $307,590, with tax bills ranging significantly across the county. Zip code 12037 has the highest median home price at $307,590.

Property Tax Assessment Values Across Chatham, Columbia County, New York

Source: Ownwell

$180,460

$302,730

$425,000

Median Chatham Market Value

$307,590

Median Columbia County Market Value

$284,810

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Chatham, Columbia County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12037	$176,988	$232,700	$307,590	$450,200	$739,398

Source: Ownwell

Property Tax Bills Across Chatham, Columbia County, New York

In Chatham, NY, property tax bills are determined by multiplying the assessed value of a home by the local property tax rate. The assessed value is a percentage of the market value, which is influenced by factors such as location, property size, and market conditions. With a median property tax bill of $5,589, Chatham's taxes are significantly higher than the national median of $2,400. Homeowners in Chatham face a financial burden, especially those in the 90th percentile, where tax bills can soar to $12,517. However, Ownwell can help alleviate this burden by providing expert property tax appeal services. By analyzing property assessments and identifying discrepancies, Ownwell can assist homeowners in potentially lowering their tax bills. This service ensures that homeowners are not overpaying and can save significantly on their annual property taxes, offering peace of mind and financial relief. With Ownwell's expertise, homeowners can navigate the complexities of property tax assessments and secure the best possible outcome.

Property Tax Bills Across Chatham, Columbia County, New York

Source: Ownwell

$2,904

$5,795

$8,685

Median Chatham Tax Bill

$5,589

Median Columbia County Tax Bill

$4,915

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Chatham, Columbia County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12037	$3,137	$4,249	$5,589	$8,019	$12,517

Source: Ownwell