Amsterdam, Saratoga County, New York Property Taxes
Median Amsterdam, NY effective property tax rate: 1.50%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Amsterdam, NY home value: $299,127
Median annual Amsterdam, NY tax bill: $3,974, $1,574 higher than the national median property tax bill of $2,400.
How are property taxes in Saratoga calculated?
Property taxes in Amsterdam, 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 Amsterdam’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Amsterdam, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Amsterdam, Saratoga County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.5%
Estimate Property Tax Bill
$4,487
$4,164
Property Tax Rates Across Amsterdam, Saratoga County, New York
Local government entities are responsible for setting property tax rates, leading to significant variations within a state. Each county estimates its required budget for public services annually, dividing this by the total assessed value of all taxable property within its jurisdiction to determine the property tax rate. Although votes and legislative measures play a role in establishing these rates and budgets, this is the basic annual procedure.
In Amsterdam, located in Saratoga County, New York, the effective property tax rate is a key figure for comparison. The median property tax rate in New York is notably higher than the national median, reflecting the state's approach to funding local services. For residents of Amsterdam, understanding how their property tax rate compares to other cities in New York and the broader national context is crucial. By evaluating these rates, property owners can make informed decisions about property investments and tax appeals. This awareness can aid in navigating the complexities of property taxes, ensuring that residents are not overburdened and are paying a fair amount relative to the services they receive.
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 Amsterdam Tax Rate
1.50%
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 Saratoga County Tax Rate
1.62%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Amsterdam, Saratoga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12010 | 0.38% | 1.22% | 1.50% | 1.66% | 1.71% |
Source: Ownwell
Property Tax Assessment Values Across Amsterdam, Saratoga County, New York
When examining property taxes in Amsterdam, 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 Saratoga 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 Saratoga 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 Amsterdam. For example, the median home price in Amsterdam is $299,127, with tax bills ranging significantly across the county. Zip code 12010 has the highest median home price at $299,127.
Property Tax Assessment Values Across Amsterdam, Saratoga County, New York
Source: Ownwell
$132,911
$259,274
$385,636
Median Amsterdam Market Value
$299,127
Median Saratoga County Market Value
$282,609
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Amsterdam, Saratoga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12010 | $176,826 | $230,000 | $299,127 | $392,179 | $486,826 |
Source: Ownwell
Property Tax Bills Across Amsterdam, Saratoga County, New York
Median Amsterdam Tax Bill
$3,974
Median Saratoga County Tax Bill
$4,340
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Amsterdam, Saratoga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12010 | $1,225 | $2,686 | $3,974 | $5,721 | $7,256 |
Source: Ownwell