Stephentown, Rensselaer County, New York Property Taxes

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

Median Stephentown, NY effective property tax rate: 2.08%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Stephentown, NY home value: $189,892
Median annual Stephentown, NY tax bill: $3,933, $1,533 higher than the national median property tax bill of $2,400.

How are property taxes in Rensselaer calculated?

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

Last Updated March 1, 2025

Stephentown, Rensselaer County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.08%

Estimate Property Tax Bill

$3,950

$3,665

Ownwell’s Stephentown Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Stephentown with just two data points. By entering your property's estimated assessed value, our calculator applies Stephentown’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 Stephentown, Rensselaer County, New York

Local government entities determine tax rates, which can vary significantly within a state. This variation arises because each county annually 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 essentially the annual process.

In Stephentown, located in Rensselaer County, the effective property tax rate is higher than the national median of 1.02%. The median property tax rate in New York is 2.08%, which is also above the national average. Stephentown's rate is competitive within the state, offering a glimpse into the broader property tax landscape of New York.

Comparing Stephentown to other cities in New York, it is evident that the state's rates are generally higher than the national median, reflecting the diverse economic needs and property values across the region. Understanding these rates can help property owners make informed decisions about their investments and potential savings through tax appeals and exemptions.

Property Tax Rates Across Stephentown, 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 Stephentown Tax Rate

2.08%

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 Stephentown, Rensselaer County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12168	1.54%	1.92%	2.02%	2.26%	2.26%
12169	1.91%	2.06%	2.26%	2.55%	2.55%

Source: Ownwell

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

When examining property taxes in Stephentown, 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 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 Stephentown. For example, the median home price in Stephentown is $189,892, with tax bills ranging significantly across the county. Zip code 12168 has the highest median home price at $191,398.

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

Source: Ownwell

$103,188

$254,822

$406,456

Median Stephentown Market Value

$189,892

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 Stephentown, Rensselaer County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12168	$96,774	$144,328	$191,398	$261,290	$337,376
12169	$88,301	$139,785	$186,353	$245,914	$315,957

Source: Ownwell

Property Tax Bills Across Stephentown, Rensselaer County, New York

In Stephentown, located in Rensselaer County, NY, property tax bills are calculated by applying the local tax rate to the assessed value of a home. The assessed value is determined by local assessors and reflects the market value of the property. Homeowners in this area face tax bills that can vary significantly, with the 25th percentile at $2,800 and the 75th percentile reaching $5,436. This range suggests a notable disparity in tax burdens, influenced by factors such as property location, size, and improvements. The median home price in the area is $189,892, which is below the national median, yet the tax bills can still be burdensome, especially when compared to the national median property tax bill of $2,400. Ownwell offers a solution for homeowners looking to reduce their tax bills by providing expert property tax appeal and exemption services. By leveraging local knowledge and expertise, Ownwell can help ensure that homeowners are not overpaying and are taking advantage of all available tax relief options.

Property Tax Bills Across Stephentown, Rensselaer County, New York

Source: Ownwell

$1,989

$5,748

$9,506

Median Stephentown Tax Bill

$3,933

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 Stephentown, Rensselaer County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12168	$1,709	$2,779	$3,891	$5,341	$6,983
12169	$1,780	$3,002	$4,112	$5,705	$7,578

Source: Ownwell