Johnstown, Montgomery County, New York Property Taxes
Median Johnstown, NY effective property tax rate: 2.49%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Johnstown, NY home value: $173,875
Median annual Johnstown, NY tax bill: $4,232, $1,832 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Johnstown, 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 Johnstown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Johnstown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Johnstown, Montgomery County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.49%
Estimate Property Tax Bill
$4,329
$4,018
Property Tax Rates Across Johnstown, Montgomery County, New York
Local government entities are responsible for setting tax rates, which can vary widely within a state. This variability arises because each county estimates its budget needs to provide essential services and then divides that by the total value of all taxable property within its jurisdiction. The outcome of this calculation is the property tax rate. Although votes and laws play a role in determining these rates and budgets, this is essentially the annual process.
In Johnstown, located in Montgomery County, NY, the effective property tax rate offers a unique perspective when compared to other cities across New York and the national landscape. With a median property tax rate of 2.49%, Johnstown stands significantly above the national median property tax rate of 1.02%. This elevated rate reflects the local government's approach to funding necessary services and infrastructure within the community. Understanding these variations can be crucial for property owners looking to manage their tax obligations effectively. By appealing or seeking exemptions, residents can potentially reduce their tax burden, ensuring they only pay their fair share.
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 Johnstown Tax Rate
2.49%
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 Johnstown, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12095 | 1.75% | 2.16% | 2.49% | 2.77% | 2.77% |
Source: Ownwell
Property Tax Assessment Values Across Johnstown, Montgomery County, New York
When examining property taxes in Johnstown, 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 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 Johnstown. For example, the median home price in Johnstown is $173,875, with tax bills ranging significantly across the county. Zip code 12095 has the highest median home price at $173,875.
Property Tax Assessment Values Across Johnstown, Montgomery County, New York
Source: Ownwell
$61,639
$120,605
$179,570
Median Johnstown Market Value
$173,875
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 Johnstown, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12095 | $65,875 | $107,750 | $173,875 | $249,212 | $300,000 |
Source: Ownwell
Property Tax Bills Across Johnstown, Montgomery County, New York
In Johnstown, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The tax rate is applied to this assessed value, resulting in the annual tax bill. Homeowners in Montgomery County, where Johnstown is located, face a median property tax bill of $4,232, significantly higher than the national median of $2,400. Factors influencing the tax bill include the property's market value, local tax rates, and any applicable exemptions. High property tax bills can place a financial burden on homeowners, making it crucial to ensure that assessments are accurate and fair.
Ownwell can assist homeowners in reducing their property tax bills by providing expert property tax appeal services. By analyzing the property's assessed value and comparing it with similar properties, Ownwell identifies discrepancies and works to correct over-assessments. This process can lead to substantial savings for homeowners, ensuring they only pay their fair share in property taxes.
Median Johnstown Tax Bill
$4,232
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 Johnstown, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12095 | $1,030 | $2,481 | $4,232 | $6,179 | $7,552 |
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 |