Victory Mills, Saratoga County, New York Property Taxes

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

Median Victory Mills, NY effective property tax rate: 1.90%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Victory Mills, NY home value: $132,911
Median annual Victory Mills, NY tax bill: $2,327, $73 lower than the national median property tax bill of $2,400.

How are property taxes in Saratoga calculated?

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

Last Updated March 1, 2025

Victory Mills, Saratoga County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.9%

Estimate Property Tax Bill

$2,525

$2,343

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

Local government entities set property tax rates, which can vary significantly within a state. Each year, counties estimate the budget needed to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially the annual process.

In Victory Mills, located in Saratoga County, the effective property tax rate is 1.90%. This rate is notably higher than the national median property tax rate of 1.02%. It is important to note that Victory Mills shares the same tax rate with other areas in the county, reflecting the uniformity in Saratoga’s tax assessment approach. Compared to other regions in New York, Victory Mills' rate is consistent with the state’s median, highlighting the county’s alignment with broader state tax policies. However, it remains higher than the national average, which may impact property owners’ financial planning. This contrast underscores the importance of understanding local tax rates in the context of national and state trends.

Property Tax Rates Across Victory Mills, 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 Victory Mills Tax Rate

1.90%

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 Victory Mills, Saratoga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12884	0.73%	1.41%	1.90%	1.92%	3.00%

Source: Ownwell

Property Tax Assessment Values Across Victory Mills, Saratoga County, New York

When examining property taxes in Victory Mills, 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. Assessment notices: 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 Victory Mills. For example, the median home price in Victory Mills is $132,911, with tax bills ranging significantly across the county. 12884 has the highest median home price at $132,911.

Property Tax Assessment Values Across Victory Mills, Saratoga County, New York

Source: Ownwell

$132,911

$259,274

$385,636

Median Victory Mills Market Value

$132,911

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 Victory Mills, Saratoga County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12884	$78,532	$113,671	$132,911	$163,544	$211,316

Source: Ownwell

Property Tax Bills Across Victory Mills, Saratoga County, New York

In Victory Mills, located 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. Factors such as the home's location, size, and improvements can influence the assessed value. With a median home price of $132,911, homeowners in Victory Mills face property tax bills that can vary significantly. For instance, while the tax bill at the 25th percentile is $1,644, it can rise to $3,443 at the 75th percentile, and even reach $4,592 at the 90th percentile. Compared to the national median property tax bill of $2,400, Victory Mills homeowners can experience both lower and higher tax bills. Ownwell assists homeowners by identifying potential savings through property tax appeals and exemptions. By ensuring accurate assessments and leveraging local tax laws, Ownwell can help homeowners reduce their property tax burdens and achieve significant savings.

Property Tax Bills Across Victory Mills, Saratoga County, New York

Source: Ownwell

$1,115

$3,923

$6,730

Median Victory Mills Tax Bill

$2,327

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 Victory Mills, Saratoga County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12884	$640	$1,644	$2,327	$3,443	$4,592

Source: Ownwell