Round Lake, Saratoga County, New York Property Taxes
Median Round Lake, NY effective property tax rate: 2.19%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Round Lake, NY home value: $254,000
Median annual Round Lake, NY tax bill: $5,102, $2,702 higher than the national median property tax bill of $2,400.
How are property taxes in Saratoga calculated?
Property taxes in Round Lake, 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 Round Lake’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Round Lake, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Round Lake, Saratoga County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.19%
Estimate Property Tax Bill
$5,563
$5,162
Property Tax Rates Across Round Lake, Saratoga County, New York
Local government entities set tax rates, which can vary widely within a state. This variation occurs 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. This calculation results in the property tax rate. Though votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.
In Round Lake, located in Saratoga County, the effective property tax rate is significantly higher than the national median. While the national median property tax rate stands at 1.02%, Round Lake's property tax rate is 2.19%. This rate is not only the highest in the state but also the lowest, as it is uniform across the region.
Comparing this to the state median, it becomes evident that Round Lake's property tax rate is on the higher end. Homeowners in Round Lake may find their property tax bills much steeper than the national median property tax bill of $2,400.
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 Round Lake Tax Rate
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 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 Round Lake, Saratoga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12151 | 1.55% | 1.97% | 2.19% | 2.24% | 2.33% |
Source: Ownwell
Property Tax Assessment Values Across Round Lake, Saratoga County, New York
When examining property taxes in Round Lake, 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 Round Lake.
For example, the median home price in Round Lake is $254,000, with tax bills ranging significantly across the county. 12151 has the highest median home price at $254,000.
Property Tax Assessment Values Across Round Lake, Saratoga County, New York
Source: Ownwell
$132,911
$259,274
$385,636
Median Round Lake Market Value
$254,000
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 Round Lake, Saratoga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12151 | $157,500 | $194,000 | $254,000 | $351,000 | $424,710 |
Source: Ownwell
Property Tax Bills Across Round Lake, Saratoga County, New York
In Round Lake, Saratoga County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the local tax rate to determine the tax bill. Homeowners in Round Lake experience a median property tax bill of $5,102, significantly higher than the national median of $2,400. Factors influencing the tax bill include the property's assessed value, local tax rate, and any applicable exemptions or abatements. With tax bills ranging from $3,958 at the 25th percentile to $8,800 at the 90th percentile, the financial impact on homeowners can be substantial.
Ownwell offers valuable assistance by helping homeowners navigate the property tax appeal process and identify potential exemptions. By leveraging our expertise, homeowners can potentially reduce their assessed value, thereby lowering their tax bills. With Ownwell's support, homeowners in Round Lake can achieve significant savings on their property taxes, easing the financial burden and ensuring they only pay their fair share.
Median Round Lake Tax Bill
$5,102
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 Round Lake, Saratoga County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12151 | $1,755 | $3,958 | $5,102 | $7,496 | $8,800 |
Source: Ownwell