St Johnsville, New York Property Taxes
The median property tax rate in St. Johnsville, NY is 2.70%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in St. Johnsville being $18,033, the typical annual property tax bill reaches $486, which is significantly lower than the national median of $2,690 due to the lower home values. Property taxes in St. Johnsville are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding St. 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 St. 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
St Johnsville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.7%
Estimate Property Tax Bill
$487
$481
Ownwell’s ST JOHNSVILLE Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in ST JOHNSVILLE with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in ST 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 the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across St Johnsville, New York
Property taxes in St Johnsville, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in St Johnsville is 2.70%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within St Johnsville set these rates annually, and they can vary significantly across different neighborhoods. Each year, St 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 St Johnsville's effective property tax rate to other areas in New York and the national median. For comparison, the zip code 13452 has the highest median property tax rate of 2.70%, while the same zip code also has the lowest median tax rate of 2.70%. Understanding how these cities compare with St 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 St Johnsville Tax Rate
2.70%
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 St Johnsville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13452 | 2.70% | 2.70% | 2.70% | 2.70% | 2.70% |
Source: Ownwell
Property Tax Assessment Values Across St Johnsville, New York
In ST 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 Appraisal District 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. 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 ST JOHNSVILLE helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bills is 13452, both with a median tax bill of $486.
Average St Johnsville Assessed Value
$18,033
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 St Johnsville, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13452 | $18,033 | $18,033 | $18,033 | $18,033 | $18,033 |
Source: Ownwell
Property Tax Bills Across St Johnsville, New York
In St. Johnsville, NY, property tax bills are calculated based on the assessed value of a home. The median home price in this area is $18,033, and the property tax rate is applied to this assessed value to determine the annual tax bill. Factors such as the local government's budgetary needs, school funding, and public services influence the tax rate set by the county. For homeowners in St. Johnsville, the median property tax bill stands at $486, which is significantly higher than the national median property tax rate of 0.99%. This means that even though the median home price is relatively low, the property tax rate in this area is substantial, impacting homeowners' annual expenses. The uniformity of the tax bills, with the 25th, 75th, and 90th percentiles all at $486, indicates a consistent application of tax rates across different properties. Understanding these factors can help homeowners anticipate their financial obligations and plan accordingly.
Average St Johnsville Tax Bill
$486
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 St Johnsville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13452 | $486 | $486 | $486 | $486 | $486 |
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 |