Sloansville, Montgomery County, New York Property Taxes
Median Sloansville, NY effective property tax rate: 2.89%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Sloansville, NY home value: $131,836
Median annual Sloansville, NY tax bill: $3,450, $1,050 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Sloansville, 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 Sloansville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sloansville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sloansville, Montgomery County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.89%
Estimate Property Tax Bill
$3,810
$3,536
Property Tax Rates Across Sloansville, Montgomery County, New York
Local government entities set property tax rates, which can vary significantly within a state. Each year, counties estimate their budgetary needs to provide essential services and divide this by the total value of all taxable properties within their jurisdiction. This calculation determines the property tax rate. While votes and legislation are involved in setting these rates and budgets, this is essentially the annual process.
In Sloansville, located in Montgomery County, NY, the effective property tax rate is notably higher than the national average. The median property tax rate in Sloansville is 2.89%, which is significantly above the U.S. median rate of 1.02%. This means that homeowners in Sloansville face higher property tax bills compared to many other areas, with the national median bill being $2400.
When compared to other cities in New York, Sloansville's rate remains consistent within its zip code, indicating uniformity in the local tax landscape. Understanding these rates can help homeowners make informed decisions about their property taxes and potential appeals or exemptions available to them.
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 Sloansville Tax Rate
2.89%
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 Sloansville, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12160 | 2.21% | 2.54% | 2.89% | 3.07% | 3.07% |
Source: Ownwell
Property Tax Assessment Values Across Sloansville, Montgomery County, New York
When examining property taxes in Sloansville, 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 April. 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 Sloansville. For example, the median home price in Sloansville is $131,836, with tax bills ranging significantly across the county. 12160 has the highest median home price at $131,836.
Property Tax Assessment Values Across Sloansville, Montgomery County, New York
Source: Ownwell
$61,639
$120,605
$179,570
Median Sloansville Market Value
$131,836
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 Sloansville, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12160 | $24,291 | $62,026 | $131,836 | $166,456 | $238,063 |
Source: Ownwell
Property Tax Bills Across Sloansville, Montgomery County, New York
In Sloansville, Montgomery County, NY, property tax bills are calculated based on assessed property values and local tax rates. With a median home price of $131,836, homeowners can expect varying tax bills depending on their property's value. The median property tax bill in Sloansville stands at $3,450, notably higher than the national median of $2,400. Factors such as property location, size, and improvements influence the assessed value, impacting the final tax bill. Homeowners in the 25th percentile face tax bills around $1,770, while those in the 75th percentile may see bills as high as $4,636, and the 90th percentile can reach up to $7,308.
These figures underscore the importance of ensuring accurate property assessments. Ownwell assists homeowners by providing expert property tax appeal and exemption services. By identifying discrepancies in assessments or overlooked exemptions, Ownwell can help reduce tax liabilities, potentially saving homeowners significant amounts on their property tax bills. This service not only offers financial relief but also ensures fair taxation for property owners.
Median Sloansville Tax Bill
$3,450
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 Sloansville, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12160 | $898 | $1,770 | $3,450 | $4,636 | $7,308 |
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 |