Rensselaer County, New York Property Taxes
The median property tax rate in Rensselaer County is 2.60%, which is significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Rensselaer County, the typical annual property tax bill reaches $5,040, which exceeds the national median of $2,690. Property taxes in Rensselaer County are calculated based on the tax assessed value, which generally falls below the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Rensselaer County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Troy or another part of Rensselaer County, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rensselaer County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.6%
Estimate Property Tax Bill
$5,039
$4,676
Ownwell’s Rensselaer Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Rensselaer with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Rensselaer to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Rensselaer County, New York
Property taxes in Rensselaer County play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Rensselaer County is 2.60%, which is significantly higher than the U.S. national median of 0.99%. Local government entities within Rensselaer set these rates annually, and they can vary significantly between different areas within the county. Each year, Rensselaer County estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Castleton has one of the higher property tax rates in the region at 3.35%, while the city of Brainard boasts one of the lowest at 1.92%. Analyzing how Rensselaer County's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Rensselaer County Tax Rate
2.60%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rensselaer County, New York
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Averill Park | 2.45% | 2.49% | 2.58% | 2.58% | 2.65% |
| Berlin | 1.65% | 2.08% | 2.37% | 2.48% | 2.51% |
| Brainard | N/A | N/A | N/A | N/A | N/A |
| Buskirk | 2.41% | 2.59% | 2.64% | 2.85% | 3.00% |
| Castleton | 3.07% | 3.34% | 3.35% | 3.35% | 3.37% |
| Castleton On Hudson | 2.83% | 2.90% | 2.96% | 3.05% | 3.29% |
| Cherry Plain | 1.50% | 1.86% | 2.13% | 2.48% | 2.48% |
| Cropseyville | 1.69% | 1.97% | 2.21% | 2.41% | 2.42% |
| Eagle Bridge | 2.61% | 2.64% | 2.90% | 2.97% | 2.97% |
| East Greenbush | 2.76% | 2.94% | 3.04% | 3.06% | 3.08% |
| East Nassau | 1.91% | 1.92% | 2.02% | 2.65% | 2.86% |
| East Schodack | 2.86% | 2.87% | 2.87% | 2.92% | 3.08% |
| Grafton | 2.03% | 2.21% | 2.21% | 2.21% | 2.21% |
| Hoosick Falls | 2.76% | 2.91% | 2.98% | 3.48% | 3.48% |
| Johnsonville | 2.30% | 2.46% | 2.60% | 2.80% | 2.92% |
| Mechanicville | 2.16% | 2.43% | 2.54% | 2.78% | 2.93% |
| Melrose | 2.14% | 2.30% | 2.37% | 2.59% | 2.85% |
| Nassau | 2.35% | 2.86% | 2.89% | 2.96% | 3.12% |
| North Hoosick | N/A | N/A | N/A | N/A | N/A |
| Petersburg | 1.71% | 2.09% | 2.27% | 2.55% | 2.59% |
| Petersburgh | 1.52% | 2.21% | 2.26% | 2.48% | 2.58% |
| Poestenkill | 2.41% | 2.49% | 2.57% | 2.65% | 2.71% |
| Rensselaer | 2.08% | 2.08% | 2.86% | 3.07% | 3.08% |
| Sand Lake | 2.46% | 2.55% | 2.55% | 2.58% | 2.88% |
| Schaghticoke | 2.08% | 2.23% | 2.29% | 2.40% | 2.69% |
| Schodack Landing | 2.65% | 2.92% | 3.07% | 3.09% | 3.38% |
| Stephentown | 1.62% | 1.92% | 2.08% | 2.26% | 2.26% |
| Troy | 1.67% | 2.26% | 2.49% | 2.60% | 2.88% |
| Valatie | 2.29% | 2.38% | 2.38% | 2.38% | 2.38% |
| Valley Falls | 2.26% | 2.44% | 2.63% | 2.86% | 3.07% |
| West Sand Lake | 2.50% | 2.58% | 2.60% | 2.60% | 2.80% |
| Wynantskill | 2.29% | 2.57% | 2.78% | 2.93% | 3.14% |
Source: Ownwell
Property Tax Assessment Values Across Rensselaer County, New York
In Rensselaer County, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Rensselaer County Appraisal District. The assessed value, however, 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 in Rensselaer County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. For instance, Valatie has the highest median tax bill at $9,506, while North Hoosick has the lowest at $1,292. Being aware of these valuation processes in Rensselaer County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively.
Property Tax Assessment Values Across Rensselaer County, New York
Source: Ownwell
$103,188
$254,822
$406,456
Average Rensselaer County Assessed Value
$193,797
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rensselaer County, New York
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Averill Park | $129,032 | $181,524 | $244,342 | $326,220 | $402,439 |
| Berlin | $64,035 | $98,522 | $141,304 | $195,652 | $288,494 |
| Brainard | N/A | N/A | N/A | N/A | N/A |
| Buskirk | $88,830 | $129,892 | $175,815 | $256,250 | $324,138 |
| Castleton | $183,924 | $205,696 | $205,696 | $223,165 | $251,013 |
| Castleton On Hudson | $151,747 | $190,506 | $239,494 | $303,481 | $409,418 |
| Cherry Plain | $71,652 | $106,522 | $143,043 | $184,674 | $212,174 |
| Cropseyville | $78,313 | $130,120 | $185,542 | $238,253 | $306,856 |
| Eagle Bridge | $81,522 | $117,934 | $163,043 | $222,853 | $286,956 |
| East Greenbush | $167,705 | $208,661 | $268,555 | $360,654 | $444,193 |
| East Nassau | $86,452 | $141,935 | $201,613 | $268,817 | $330,645 |
| East Schodack | $150,253 | $171,012 | $243,038 | $365,159 | $495,063 |
| Grafton | $159,518 | $169,880 | $218,072 | $290,361 | $372,530 |
| Hoosick Falls | $73,913 | $100,000 | $135,870 | $186,685 | $260,870 |
| Johnsonville | $92,503 | $147,500 | $207,404 | $273,077 | $326,923 |
| Mechanicville | $133,690 | $157,887 | $191,831 | $230,564 | $268,902 |
| Melrose | $127,010 | $183,754 | $239,437 | $307,930 | $421,360 |
| Nassau | $112,903 | $155,949 | $209,367 | $290,323 | $392,379 |
| North Hoosick | N/A | N/A | N/A | N/A | N/A |
| Petersburg | $54,348 | $94,909 | $151,674 | $216,335 | $283,133 |
| Petersburgh | $27,168 | $37,590 | $103,188 | $168,555 | $235,510 |
| Poestenkill | $140,947 | $185,185 | $236,626 | $326,646 | $401,433 |
| Rensselaer | $90,000 | $135,977 | $183,908 | $236,827 | $316,147 |
| Sand Lake | $82,927 | $146,522 | $212,805 | $295,732 | $372,561 |
| Schaghticoke | $132,394 | $184,789 | $247,324 | $316,268 | $381,972 |
| Schodack Landing | $131,392 | $168,861 | $242,785 | $343,671 | $429,747 |
| Stephentown | $96,774 | $143,011 | $189,892 | $257,204 | $331,398 |
| Troy | $97,368 | $128,947 | $175,481 | $230,263 | $304,808 |
| Valatie | $288,304 | $334,177 | $406,456 | $429,747 | $476,861 |
| Valley Falls | $99,808 | $142,308 | $193,269 | $256,338 | $330,923 |
| West Sand Lake | $156,586 | $195,122 | $249,292 | $332,164 | $419,634 |
| Wynantskill | $110,345 | $151,724 | $194,023 | $269,425 | $360,008 |
Source: Ownwell
Property Tax Bills Across Rensselaer County, New York
In Rensselaer County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual property tax bill. The median home price in the county is $193,797, which provides a benchmark for estimating tax bills. Homeowners in Rensselaer County can expect their property tax bills to vary significantly depending on their property's assessed value and location within the county. For instance, tax bills at the 25th percentile are around $3,459, while those at the 75th percentile rise to $6,944. The highest tax bills, at the 90th percentile, can reach up to $9,464. Valatie has the highest median tax bill at $9,506, contrasting sharply with North Hoosick, where the median tax bill is just $1,292. These variations highlight the importance of accurate property assessments and local tax rates in determining the financial impact on homeowners. Compared to the national median property tax rate of 0.99%, Rensselaer County's tax rates can be notably higher, affecting homeowners' annual expenses.
Average Rensselaer County Tax Bill
$5,040
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Rensselaer County, New York
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Averill Park | $3,116 | $4,579 | $6,175 | $8,321 | $10,291 |
| Berlin | $928 | $2,075 | $3,132 | $4,392 | $6,953 |
| Brainard | N/A | N/A | N/A | N/A | N/A |
| Buskirk | $2,296 | $3,360 | $4,663 | $6,632 | $8,766 |
| Castleton | $6,099 | $6,869 | $6,895 | $7,211 | $7,679 |
| Castleton On Hudson | $4,558 | $5,750 | $7,098 | $9,029 | $12,010 |
| Cherry Plain | $1,078 | $1,521 | $2,825 | $3,805 | $4,402 |
| Cropseyville | $1,398 | $2,632 | $3,854 | $5,187 | $6,906 |
| Eagle Bridge | $2,143 | $3,283 | $4,604 | $6,410 | $8,306 |
| East Greenbush | $4,860 | $6,158 | $7,968 | $10,777 | $13,243 |
| East Nassau | $1,948 | $2,963 | $4,274 | $6,190 | $7,910 |
| East Schodack | $4,263 | $5,074 | $6,990 | $9,488 | $14,237 |
| Grafton | $3,085 | $3,657 | $4,123 | $5,761 | $6,410 |
| Hoosick Falls | $2,457 | $3,251 | $4,286 | $5,694 | $7,526 |
| Johnsonville | $2,541 | $3,827 | $5,324 | $6,937 | $8,422 |
| Mechanicville | $3,422 | $4,070 | $4,832 | $5,863 | $7,138 |
| Melrose | $3,103 | $4,424 | $5,710 | $7,228 | $9,700 |
| Nassau | $3,007 | $4,385 | $5,960 | $8,252 | $11,445 |
| North Hoosick | N/A | N/A | N/A | N/A | N/A |
| Petersburg | $1,053 | $1,970 | $3,375 | $4,858 | $6,517 |
| Petersburgh | $625 | $848 | $1,989 | $3,824 | $4,151 |
| Poestenkill | $3,676 | $4,810 | $6,033 | $8,148 | $10,032 |
| Rensselaer | $1,868 | $2,991 | $5,184 | $6,883 | $9,378 |
| Sand Lake | $2,114 | $3,771 | $5,423 | $7,465 | $9,350 |
| Schaghticoke | $3,224 | $4,475 | $5,637 | $7,144 | $8,474 |
| Schodack Landing | $3,914 | $5,309 | $6,968 | $9,853 | $12,553 |
| Stephentown | $1,718 | $2,800 | $3,933 | $5,436 | $7,086 |
| Troy | $2,142 | $3,019 | $4,270 | $5,707 | $7,515 |
| Valatie | $6,695 | $7,931 | $9,506 | $10,219 | $11,387 |
| Valley Falls | $2,775 | $3,842 | $5,097 | $6,593 | $8,421 |
| West Sand Lake | $3,870 | $5,076 | $6,455 | $8,632 | $11,207 |
| Wynantskill | $2,680 | $3,895 | $5,299 | $7,248 | $9,655 |
Source: Ownwell
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