Gansevoort, Saratoga County, New York Property Taxes

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

Median Gansevoort, NY effective property tax rate: 1.32%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Gansevoort, NY home value: $294,000
Median annual Gansevoort, NY tax bill: $3,616, $1,216 higher than the national median property tax bill of $2,400.

How are property taxes in Saratoga calculated?

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

Last Updated March 1, 2025

Gansevoort, Saratoga County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.32%

Estimate Property Tax Bill

$3,881

$3,601

Ownwell’s Gansevoort Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Gansevoort with just two data points. By entering your property's estimated assessed value, our calculator applies Gansevoort’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 Saratoga County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Gansevoort, Saratoga County, New York

Local government entities in New York set property tax rates, and these can differ significantly across the state. This variation occurs because each county, such as Saratoga, annually assesses its budgetary needs for public services and divides this by the total value of all taxable properties in its area. The result is the property tax rate. While the process involves votes and legislation, this is essentially how it works each year. In Gansevoort, located in Saratoga County, the effective property tax rate is a key figure to consider when comparing it to other cities in New York and across the United States. The median property tax rate in New York stands at 1.32%, which is notably higher than the national median of 1.02%. This means that property owners in Gansevoort and other parts of Saratoga County typically face higher tax bills compared to the national average. Understanding these rates can help property owners make informed decisions about their real estate investments.

Property Tax Rates Across Gansevoort, Saratoga County, New York

Source: Ownwell

0.37%

1.28%

2.19%

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 Gansevoort Tax Rate

1.32%

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 Gansevoort, Saratoga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12831	0.34%	0.48%	1.32%	1.54%	1.77%

Source: Ownwell

Property Tax Assessment Values Across Gansevoort, Saratoga County, New York

When examining property taxes in Gansevoort, 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 Gansevoort. For example, the median home price in Gansevoort is $294,000, with tax bills ranging significantly across the county. Zip code 12831 has the highest median home price at $294,000.

Property Tax Assessment Values Across Gansevoort, Saratoga County, New York

Source: Ownwell

$132,911

$259,274

$385,636

Median Gansevoort Market Value

$294,000

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 Gansevoort, Saratoga County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12831	$176,850	$232,704	$294,000	$382,390	$494,031

Source: Ownwell

Property Tax Bills Across Gansevoort, Saratoga County, New York

In Gansevoort, situated in Saratoga County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in this area is $294,000, with tax bills ranging significantly. For instance, the 25th percentile tax bill is $1,406, while the 75th percentile reaches $5,195. At the 90th percentile, homeowners can expect to pay around $6,900. These figures highlight the variability in tax obligations, which can significantly impact homeowners' finances.

Ownwell offers valuable assistance by helping homeowners navigate the complexities of property tax appeals and exemptions. By analyzing local market data and assessment practices, Ownwell identifies opportunities to challenge over-assessments, potentially reducing tax bills. This service not only provides financial relief but also ensures homeowners are paying a fair amount relative to their property's value, offering peace of mind and potential savings in a region where the property tax burden can be substantial.

Property Tax Bills Across Gansevoort, Saratoga County, New York

Source: Ownwell

$1,115

$3,923

$6,730

Median Gansevoort Tax Bill

$3,616

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 Gansevoort, Saratoga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12831	$816	$1,406	$3,616	$5,195	$6,900

Source: Ownwell