Saint Johnsville, New York Property Taxes
The median property tax rate in Saint Johnsville, NY is 2.98%, significantly higher than both the national median of 0.99% and New York's state median of 2.39%. With a median home value of $61,639 in Saint Johnsville, the typical annual property tax bill reaches $1,997, which is still below the national median of $2,690. Property taxes in Saint Johnsville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Saint Johnsville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Saint Johnsville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Saint Johnsville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.98%
Estimate Property Tax Bill
$1,837
$1,816
Ownwell’s Saint Johnsville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Saint Johnsville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Saint Johnsville to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Montgomery County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Saint Johnsville, New York
Property taxes in Saint Johnsville, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Saint Johnsville is 2.98%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Saint Johnsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Saint Johnsville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Saint Johnsville's effective property tax rate to other counties in New York and the national median. For comparison, the zip code 13452 has the highest median property tax rate of 2.98%, while the same zip code also has the lowest median tax rate of 2.98%. Understanding how these cities compare with Saint Johnsville provides valuable insights into the varying tax landscape across Montgomery County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Saint Johnsville Tax Rate
2.98%
Average Montgomery County Tax Rate
2.37%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Saint Johnsville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13452 | 1.84% | 2.57% | 2.98% | 4.30% | 4.30% |
Source: Ownwell
Property Tax Assessment Values Across Saint Johnsville, New York
In Saint Johnsville, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Montgomery County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Saint Johnsville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Saint Johnsville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Saint Johnsville are both $1,997, applicable to the zip code 13452.
Property Tax Assessment Values Across Saint Johnsville, New York
Source: Ownwell
$18,033
$98,802
$179,570
Average Saint Johnsville Assessed Value
$61,639
Average Montgomery County Assessed Value
$107,500
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Saint Johnsville, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13452 | $30,492 | $44,590 | $61,639 | $90,164 | $139,147 |
Source: Ownwell
Property Tax Bills Across Saint Johnsville, New York
In Saint Johnsville, Montgomery County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in this area is $61,639. Property taxes are influenced by several factors, including the property's assessed value, the local tax rate, and any applicable exemptions. The tax bill for the 25th percentile is $1,352, while the 75th percentile sees a tax bill of $2,717. For those in the 90th percentile, the tax bill can be as high as $4,125. The highest median tax bill in the county is $1,997, associated with the zip code 13452. These figures significantly impact homeowners, as property taxes can form a substantial part of homeownership costs. Compared to the national median property tax rate of 0.99%, the rates in Saint Johnsville reflect the local economic conditions and municipal budget requirements, ensuring that homeowners contribute their fair share to community services and infrastructure.
Average Saint Johnsville Tax Bill
$1,997
Average Montgomery County Tax Bill
$2,451
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Saint Johnsville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13452 | $829 | $1,352 | $1,997 | $2,717 | $4,125 |
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 |