Canajoharie, Montgomery County, New York Property Taxes
Median Canajoharie, NY effective property tax rate: 3.11%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Canajoharie, NY home value: $97,800
Median annual Canajoharie, NY tax bill: $3,442, $1,042 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Canajoharie, 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 Canajoharie’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Canajoharie, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Canajoharie, Montgomery County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.11%
Estimate Property Tax Bill
$3,042
$2,823
Property Tax Rates Across Canajoharie, Montgomery County, New York
Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget to provide services and dividing 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 Canajoharie’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S. Canajoharie, located in Montgomery County, has a median property tax rate of 3.11%, which is significantly higher than the national median of 1.02%. This places a substantial tax burden on property owners compared to the national average. Interestingly, Canajoharie shares its property tax rate with other areas in the state, as it is both the highest and lowest in its zip code, 13317. This highlights the unique nature of property tax rates in this region. Understanding these rates is crucial for property owners looking to manage their tax liabilities effectively.
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 Canajoharie Tax Rate
3.11%
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 Montgomery County Tax Rate
2.37%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Canajoharie, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13317 | 1.61% | 2.50% | 3.11% | 4.27% | 4.81% |
Source: Ownwell
Property Tax Assessment Values Across Canajoharie, Montgomery County, New York
When examining property taxes in Canajoharie, 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 Montgomery 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 Montgomery 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 Canajoharie. For example, the median home price in Canajoharie is $97,800, with tax bills ranging significantly across the county. Zip code 13317 has the highest median home price at $97,800.
Property Tax Assessment Values Across Canajoharie, Montgomery County, New York
Source: Ownwell
$61,639
$120,605
$179,570
Median Canajoharie Market Value
$97,800
Median Montgomery County Market Value
$107,500
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Canajoharie, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13317 | $54,590 | $74,800 | $97,800 | $139,200 | $214,700 |
Source: Ownwell
Property Tax Bills Across Canajoharie, Montgomery County, New York
In Canajoharie, Montgomery County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. The assessed value is determined by local assessors who evaluate the property's market value. Homeowners in Canajoharie face a median property tax bill of $3,442, which is significantly higher than the national median of $2,400. This is reflective of the local property tax rate, which exceeds the national median rate of 1.02%.
Factors influencing the property tax bill include the home's assessed value, local levies, and any applicable exemptions. These elements collectively determine the financial burden on homeowners, impacting their annual expenses and overall financial planning. With tax bills ranging from $2,343 at the 25th percentile to $6,040 at the 90th percentile, the variability can be substantial.
Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By leveraging expert knowledge and local insights, Ownwell can help reduce property tax bills, easing the financial burden on homeowners in Canajoharie.
Median Canajoharie Tax Bill
$3,442
Median Montgomery County Tax Bill
$2,451
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Canajoharie, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13317 | $1,297 | $2,343 | $3,442 | $4,590 | $6,040 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Montgomery Assessment Review Commission | |
| Website | www.co.montgomery.ny.us |