Nelliston, Montgomery County, New York Property Taxes
Median Nelliston, NY effective property tax rate: 3.07%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Nelliston, NY home value: $87,719
Median annual Nelliston, NY tax bill: $2,375, $25 lower than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Nelliston, 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 Nelliston’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Nelliston, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Nelliston, Montgomery County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.07%
Estimate Property Tax Bill
$2,693
$2,499
Property Tax Rates Across Nelliston, Montgomery County, New York
Local government entities set property tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates the budget needed to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While there are votes and laws involved in setting tax rates and budgets, this is essentially the process followed each year.
In NELLISTON, located in Montgomery County, NY, the effective property tax rate can be compared to other cities within New York and against the median property tax rates in New York and the U.S. The median property tax rate in NELLISTON is notably higher than the national median rate of 1.02%, reflecting the unique budgetary needs and property values in the area. For homeowners, this means property tax bills in NELLISTON may be higher than the national median bill of $2400. Understanding these rates is crucial for property owners looking to manage their expenses and explore potential property tax 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 Nelliston Tax Rate
3.07%
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 Nelliston, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13410 | 1.74% | 2.28% | 3.07% | 3.58% | 3.58% |
Source: Ownwell
Property Tax Assessment Values Across Nelliston, Montgomery County, New York
When examining property taxes in Nelliston, 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 assessment 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 Nelliston. For example, the median home price in Nelliston is $87,719, with tax bills ranging significantly across the county. Zip code 13410 has the highest median home price at $87,719.
Property Tax Assessment Values Across Nelliston, Montgomery County, New York
Source: Ownwell
$61,639
$120,605
$179,570
Median Nelliston Market Value
$87,719
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 Nelliston, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13410 | $42,693 | $64,518 | $87,719 | $109,649 | $134,254 |
Source: Ownwell
Property Tax Bills Across Nelliston, Montgomery County, New York
Median Nelliston Tax Bill
$2,375
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 Nelliston, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13410 | $913 | $1,595 | $2,375 | $3,318 | $4,315 |
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 |