Petersburg, Rensselaer County, New York Property Taxes

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

Median Petersburg, NY effective property tax rate: 2.27%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Petersburg, NY home value: $151,674
Median annual Petersburg, NY tax bill: $3,375, $975 higher than the national median property tax bill of $2,400.

How are property taxes in Rensselaer calculated?

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

Last Updated March 1, 2025

Petersburg, Rensselaer County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.27%

Estimate Property Tax Bill

$3,443

$3,195

Ownwell’s Petersburg Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Petersburg with just two data points.

By entering your property's estimated assessed value, our calculator applies Petersburg’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 Petersburg, 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. This results in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

In Petersburg, located in Rensselaer County, the effective property tax rate stands at 2.27%. This rate is significantly higher than the national median property tax rate of 1.02%. With the national median property tax bill at $2,400, homeowners in Petersburg might find their tax bills considerably higher. Comparing this rate to other cities in New York, Petersburg's rate is among the highest, reflecting the region's approach to funding local services. This comparison highlights the importance of understanding local tax dynamics, especially in areas where property tax rates can substantially impact household budgets. For homeowners in Petersburg, exploring property tax appeal and exemption services could be a beneficial step in managing these costs.

Property Tax Rates Across Petersburg, 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 Petersburg Tax Rate

2.27%

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 Petersburg, Rensselaer County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12138	1.71%	2.09%	2.27%	2.55%	2.59%

Source: Ownwell

Property Tax Assessment Values Across Petersburg, Rensselaer County, New York

When examining property taxes in Petersburg, 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: Rensselaer County sends assessment notices 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 Petersburg. For example, the median home price in Petersburg is $151,674, with tax bills ranging significantly across the county. 12138 has the highest median home price at $151,674.

Property Tax Assessment Values Across Petersburg, Rensselaer County, New York

Source: Ownwell

$103,188

$254,822

$406,456

Median Petersburg Market Value

$151,674

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 Petersburg, Rensselaer County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12138	$54,348	$94,909	$151,674	$216,335	$283,133

Source: Ownwell

Property Tax Bills Across Petersburg, Rensselaer County, New York

In Petersburg, located in Rensselaer County, NY, property tax bills are calculated based on the assessed value of a home and the local property tax rate. The assessed value is determined by the local assessor's office, which evaluates the property's market value and applies an assessment ratio. This assessed value is then multiplied by the local tax rate to calculate the tax bill. Factors such as property size, location, and improvements can influence the assessed value, impacting the final tax bill. Homeowners in Petersburg face a median property tax bill of $3,375, which is significantly higher than the national median of $2,400. This can pose a financial burden for many residents. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing the assessed value and comparing it with similar properties, Ownwell can identify discrepancies and help homeowners file appeals to potentially reduce their tax bills. This service can lead to substantial savings, easing the financial strain on homeowners in Petersburg.

Property Tax Bills Across Petersburg, Rensselaer County, New York

Source: Ownwell

$1,989

$5,748

$9,506

Median Petersburg Tax Bill

$3,375

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 Petersburg, Rensselaer County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12138	$1,053	$1,970	$3,375	$4,858	$6,517

Source: Ownwell