Buskirk, Rensselaer County, New York Property Taxes
Median Buskirk, NY effective property tax rate: 2.64%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Buskirk, NY home value: $175,815
Median annual Buskirk, NY tax bill: $4,663, $2,263 higher than the national median property tax bill of $2,400.
How are property taxes in Rensselaer calculated?
Property taxes in Buskirk, 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 Buskirk’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Buskirk, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Buskirk, Rensselaer County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.64%
Estimate Property Tax Bill
$4,642
$4,307
Property Tax Rates Across Buskirk, Rensselaer County, New York
Local government entities set property tax rates, and these rates can vary significantly within a state. This is primarily because each county annually estimates its required budget to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. Although setting tax rates and budgets involves votes and laws, this is essentially the annual process.
In Buskirk, located in Rensselaer County, NY, the effective property tax rate stands out when compared to other cities in New York and the national median. With a median property tax rate of 2.64%, Buskirk's rate is significantly higher than the national median of 1.02%. This means that property owners in Buskirk pay a substantial amount more in property taxes than the average American homeowner. The elevated rate underscores the importance of exploring property tax appeal and exemption services to potentially reduce tax burdens. By understanding local tax dynamics and leveraging professional services, property owners can better manage their financial obligations and possibly achieve considerable savings.
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 Buskirk Tax Rate
2.64%
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 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 Buskirk, Rensselaer County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12028 | 2.41% | 2.59% | 2.64% | 2.85% | 3.00% |
Source: Ownwell
Property Tax Assessment Values Across Buskirk, Rensselaer County, New York
When examining property taxes in Buskirk, 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.
In Rensselaer County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Buskirk. For example, the median home price in Buskirk is $175,815, with tax bills ranging significantly across the county. Zip code 12028 has the highest median home price at $175,815.
Property Tax Assessment Values Across Buskirk, Rensselaer County, New York
Source: Ownwell
$103,188
$254,822
$406,456
Median Buskirk Market Value
$175,815
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 Buskirk, Rensselaer County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12028 | $88,830 | $129,892 | $175,815 | $256,250 | $324,138 |
Source: Ownwell
Property Tax Bills Across Buskirk, Rensselaer County, New York
Median Buskirk Tax Bill
$4,663
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 Buskirk, Rensselaer County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12028 | $2,296 | $3,360 | $4,663 | $6,632 | $8,766 |
Source: Ownwell