Sprakers, Montgomery County, New York Property Taxes
Median Sprakers, NY effective property tax rate: 2.67%, significantly higher than the national median of 1.02%, but lower than the NY state median of 2.39%.
Median Sprakers, NY home value: $113,164
Median annual Sprakers, NY tax bill: $2,813, $413 higher than the national median property tax bill of $2,400.
How are property taxes in Montgomery calculated?
Property taxes in Sprakers, 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 Sprakers’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sprakers, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Sprakers, Montgomery County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.67%
Estimate Property Tax Bill
$3,021
$2,804
Property Tax Rates Across Sprakers, Montgomery County, New York
Local government entities determine property tax rates, and these can vary significantly within a state. This variation occurs because each county annually calculates its budget required to provide essential services. The total budget is then divided by the assessed value of all taxable property within the county, resulting in the property tax rate. Although the process involves votes and legislation, this is essentially how property tax rates are established each year.
In Sprakers, located in Montgomery County, NY, the effective property tax rate offers a unique perspective when compared to other cities across the state. With its tax rate mirroring the highest and lowest rates in the state, Sprakers stands out in its consistency. This rate significantly surpasses the national median property tax rate of 1.02%, highlighting the state's higher-than-average property tax burden. The median property tax bill in the U.S. is $2,400, which further emphasizes the differences in tax obligations across regions. Understanding these variations can help property owners make informed decisions and potentially explore opportunities for 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 Sprakers Tax Rate
2.67%
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 Sprakers, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12166 | 1.54% | 2.16% | 2.67% | 3.07% | 3.07% |
Source: Ownwell
Property Tax Assessment Values Across Sprakers, Montgomery County, New York
When examining property taxes in Sprakers, 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 Sprakers. For example, the median home price in Sprakers is $113,164, with tax bills ranging significantly across the county. Zip code 12166 has the highest median home price at $113,164.
Property Tax Assessment Values Across Sprakers, Montgomery County, New York
Source: Ownwell
$61,639
$120,605
$179,570
Median Sprakers Market Value
$113,164
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 Sprakers, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12166 | $36,367 | $67,595 | $113,164 | $170,949 | $244,291 |
Source: Ownwell
Property Tax Bills Across Sprakers, Montgomery County, New York
Median Sprakers Tax Bill
$2,813
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 Sprakers, Montgomery County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12166 | $767 | $1,594 | $2,813 | $4,548 | $6,394 |
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 |