Castleton, Rensselaer County, New York Property Taxes
Median Castleton, NY effective property tax rate: 3.35%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Castleton, NY home value: $205,696
Median annual Castleton, NY tax bill: $6,895, $4,495 higher than the national median property tax bill of $2,400.
How are property taxes in Rensselaer calculated?
Property taxes in Castleton, 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 Castleton’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Castleton, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Castleton, Rensselaer County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.35%
Estimate Property Tax Bill
$6,891
$6,394
Property Tax Rates Across Castleton, 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 votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.
In Castleton, located in Rensselaer County, NY, the effective property tax rate is a significant consideration for homeowners. The median property tax rate here is notably higher than the national median of 1.02%. When comparing Castleton’s property tax rate to other cities in New York and the U.S., it's clear that property owners in this area face a higher tax burden. However, this also reflects the level of services and infrastructure provided by the local government. Understanding these rates can help property owners make informed decisions about property investment and management. Whether you're planning to buy, sell, or appeal your property taxes, being aware of these rates is crucial for financial planning and maximizing your property investment in Castleton.
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 Castleton Tax Rate
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 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 Castleton, Rensselaer County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12033 | 3.07% | 3.34% | 3.35% | 3.35% | 3.37% |
Source: Ownwell
Property Tax Assessment Values Across Castleton, Rensselaer County, New York
When examining property taxes in Castleton, 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 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 Castleton. For example, the median home price in Castleton is $205,696, with tax bills ranging significantly across the county. Zip code 12033 has the highest median home price at $205,696.
Property Tax Assessment Values Across Castleton, Rensselaer County, New York
Source: Ownwell
$103,188
$254,822
$406,456
Median Castleton Market Value
$205,696
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 Castleton, Rensselaer County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12033 | $183,924 | $205,696 | $205,696 | $223,165 | $251,013 |
Source: Ownwell
Property Tax Bills Across Castleton, Rensselaer County, New York
In Castleton, New York, property tax bills are determined by the assessed value of a home and the local tax rate. The median home price in the area is $205,696, and the property tax rate significantly impacts homeowners, with the median tax bill reaching $6,895. This is considerably higher than the national median property tax bill of $2,400. Factors influencing the tax bill include the property's market value and any applicable exemptions or assessments set by Rensselaer County. Homeowners in Castleton may face tax bills ranging from the 25th percentile at $6,869 to the 90th percentile at $7,679. Such high property tax bills can strain household budgets, making it crucial for homeowners to explore potential savings.
Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or opportunities for exemptions, Ownwell can help homeowners potentially reduce their tax burdens. This service not only offers financial relief but also ensures that homeowners are not overpaying on their property taxes.
Median Castleton Tax Bill
$6,895
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 Castleton, Rensselaer County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12033 | $6,099 | $6,869 | $6,895 | $7,211 | $7,679 |
Source: Ownwell