Tribes Hill, Montgomery County, New York Property Taxes

Name: Property Tax Bills Across Tribes Hill, Montgomery County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Tribes Hill, NY effective property tax rate: 2.30%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Tribes Hill, NY home value: $128,250. Median annual Tribes Hill, NY tax bill: $2,746, $346 higher than the national median property tax bill of $2,400. How are property taxes in Montgomery calculated? Property taxes in Tribes Hill, 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 Tribes Hill’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Tribes Hill, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Tribes Hill, Montgomery County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.3%

Estimate Property Tax Bill

$2,950

$2,737

Ownwell’s Tribes Hill Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Tribes Hill with just two data points. By entering your property's estimated assessed value, our calculator applies Tribes Hill’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Montgomery County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Tribes Hill, Montgomery County, New York

Local government entities determine tax rates, which can significantly differ within a state. This variation occurs because each county annually estimates its necessary budget to provide services and divides it by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although votes and laws play a role in setting these rates and budgets, this is the basic annual process.

In Tribes Hill, located in Montgomery County, NY, the effective property tax rate stands out compared to other cities in the state and the national average. With a median tax rate of 2.30%, Tribes Hill's rate is significantly higher than the national median property tax rate of 1.02%. This means residents typically face higher property tax bills compared to the national median of $2,400.

Understanding these rates is crucial for homeowners looking to manage their property tax expenses effectively. By comparing Tribes Hill's tax rate to state and national averages, residents can gain insights into their property tax obligations and explore potential savings through appeals or exemptions.

Property Tax Rates Across Tribes Hill, Montgomery County, New York

Source: Ownwell

1.40%

2.25%

3.11%

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 Tribes Hill Tax Rate

2.30%

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 Tribes Hill, Montgomery County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12177	1.54%	1.97%	2.30%	2.63%	2.74%

Source: Ownwell

Property Tax Assessment Values Across Tribes Hill, Montgomery County, New York

When examining property taxes in Tribes Hill, 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 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 Tribes Hill. For example, the median home price in Tribes Hill is $128,250, with tax bills ranging significantly across the county. 12177 has the highest median home price at $128,250.

Property Tax Assessment Values Across Tribes Hill, Montgomery County, New York

Source: Ownwell

$61,639

$120,605

$179,570

Median Tribes Hill Market Value

$128,250

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 Tribes Hill, Montgomery County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12177	$60,000	$84,531	$128,250	$159,094	$192,650

Source: Ownwell

Property Tax Bills Across Tribes Hill, Montgomery County, New York

In Tribes Hill, 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 $128,250. The property tax rate is applied to this assessed value to determine the tax bill. Factors such as property size, location, and improvements can influence the assessed value. Homeowners in Tribes Hill experience a range of tax bills, with the 25th percentile at $1,732 and the 75th percentile at $3,658. The 90th percentile sees tax bills as high as $4,594. Compared to the national median property tax bill of $2,400, Tribes Hill's tax bills can be significantly higher, impacting homeowners' finances. Ownwell offers property tax appeal and exemption services to help homeowners reduce their tax burden. By analyzing property assessments and market conditions, Ownwell identifies opportunities for savings, potentially lowering tax bills and providing financial relief for homeowners in Tribes Hill.

Property Tax Bills Across Tribes Hill, Montgomery County, New York

Source: Ownwell

$1,065

$2,649

$4,232

Median Tribes Hill Tax Bill

$2,746

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 Tribes Hill, Montgomery County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12177	$1,132	$1,732	$2,746	$3,658	$4,594

Source: Ownwell

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Dates

Links
Montgomery Assessment Review Commission
Website	www.co.montgomery.ny.us