Averill Park, Rensselaer County, New York Property Taxes

Name: Property Tax Bills Across Averill Park, Rensselaer County, New York
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Averill Park, NY effective property tax rate: 2.58%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Averill Park, NY home value: $244,342
Median annual Averill Park, NY tax bill: $6,175, $3,775 higher than the national median property tax bill of $2,400.

How are property taxes in Rensselaer calculated?

Property taxes in Averill Park, 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 Averill Park’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Averill Park, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Averill Park, Rensselaer County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.58%

Estimate Property Tax Bill

$6,304

$5,850

Ownwell’s Averill Park Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Averill Park with just two data points. By entering your property's estimated assessed value, our calculator applies Averill Park’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 Rensselaer County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Averill Park, Rensselaer County, New York

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Averill Park in Rensselaer County, NY, has an effective property tax rate that stands out in the state. With a median tax rate of 2.58%, it surpasses both the state and national medians significantly. This rate highlights the variation in property tax rates across different regions, as the national median property tax rate is 1.02%. Property owners in Averill Park face a higher tax burden compared to many other areas, emphasizing the importance of understanding local tax dynamics. Comparing Averill Park’s tax rate with other cities in New York and the national average can provide valuable insights for property owners and potential buyers.

Property Tax Rates Across Averill Park, Rensselaer County, New York

Source: Ownwell

2.02%

2.68%

3.35%

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 Averill Park Tax Rate

2.58%

Median Effective Rensselaer County Tax Rate

2.60%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Averill Park, Rensselaer County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12018	2.45%	2.49%	2.58%	2.58%	2.65%

Source: Ownwell

Property Tax Assessment Values Across Averill Park, Rensselaer County, New York

When examining property taxes in Averill Park, 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 Rensselaer 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. Assessment notices: In Rensselaer 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 Averill Park. For example, the median home price in Averill Park is $244,342, with tax bills ranging significantly across the county. 12018 has the highest median home price at $244,342.

Property Tax Assessment Values Across Averill Park, Rensselaer County, New York

Source: Ownwell

$103,188

$254,822

$406,456

Median Averill Park Market Value

$244,342

Median Rensselaer County Market Value

$193,797

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Averill Park, Rensselaer County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12018	$129,032	$181,524	$244,342	$326,220	$402,439

Source: Ownwell

Property Tax Bills Across Averill Park, Rensselaer County, New York

In Averill Park, NY, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. This area, part of Rensselaer County, sees homeowners facing a median property tax bill of $6,175, significantly higher than the national median of $2,400. Factors influencing the tax bill include the home's assessed value and the specific tax rates set by local authorities. Homeowners in Averill Park can experience tax bills ranging from $4,579 at the 25th percentile to $10,291 at the 90th percentile, reflecting variations in home values and local tax levies. These high property taxes can be a substantial financial burden for homeowners. To alleviate this, Ownwell offers services to help homeowners appeal their property assessments and secure exemptions, potentially lowering their tax bills. By leveraging local expertise and a thorough understanding of property tax laws, Ownwell can effectively identify opportunities for savings, allowing homeowners to reduce their financial obligations and gain peace of mind.

Property Tax Bills Across Averill Park, Rensselaer County, New York

Source: Ownwell

$1,989

$5,748

$9,506

Median Averill Park Tax Bill

$6,175

Median Rensselaer County Tax Bill

$5,040

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Averill Park, Rensselaer County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12018	$3,116	$4,579	$6,175	$8,321	$10,291

Source: Ownwell