North Chatham, Columbia County, New York Property Taxes
Median North Chatham, NY effective property tax rate: 2.09%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median North Chatham, NY home value: $370,000
Median annual North Chatham, NY tax bill: $7,467, $5,067 higher than the national median property tax bill of $2,400.
How are property taxes in Columbia calculated?
Property taxes in North 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 North Chatham’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in North Chatham, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
North Chatham, Columbia County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.09%
Estimate Property Tax Bill
$7,733
$7,176
Property Tax Rates Across North Chatham, Columbia County, New York
Local government entities determine tax rates, leading to significant variation within a state. This is because each county annually estimates its budgetary needs for providing services and divides this by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While the process involves votes and laws to set tax rates and budgets, this is the annual procedure in essence.
In North Chatham, located in Columbia County, the effective property tax rate stands out when compared to other cities in New York and the national median. The median property tax rate in this area is notably higher than the national median of 1.02%. This difference highlights the unique tax landscape in New York, where property tax rates can vary significantly even within the state. Such disparities emphasize the importance of understanding local tax structures, especially for property owners looking to manage their tax liabilities effectively. By comparing North Chatham's property tax rate with state and national figures, property owners can gain valuable insights into their tax obligations and explore potential avenues for appeals or exemptions.
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 North Chatham Tax Rate
2.09%
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 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 North Chatham, Columbia County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12132 | 1.96% | 2.08% | 2.09% | 2.09% | 2.09% |
Source: Ownwell
Property Tax Assessment Values Across North Chatham, Columbia County, New York
When examining property taxes in North 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 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 North Chatham. For example, the median home price in North Chatham is $370,000, with tax bills ranging significantly across the county. 12132 has the highest median home price at $370,000.
Property Tax Assessment Values Across North Chatham, Columbia County, New York
Source: Ownwell
$180,460
$302,730
$425,000
Median North Chatham Market Value
$370,000
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 North Chatham, Columbia County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12132 | $243,600 | $270,000 | $370,000 | $460,000 | $647,460 |
Source: Ownwell
Property Tax Bills Across North Chatham, Columbia County, New York
Median North Chatham Tax Bill
$7,467
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 North Chatham, Columbia County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12132 | $4,962 | $5,574 | $7,467 | $9,554 | $12,481 |
Source: Ownwell