Schenectady County Property Taxes
The median property tax rate in Schenectady County is 3.48%, significantly higher than both the national median of 0.99% and New York state's median of 2.39%. With a median home value of $185,500, the typical annual property tax bill reaches $5,926, far exceeding the national median of $2,690. Property taxes in Schenectady County are calculated based on the tax assessed value, which is generally lower than the actual market value due to various property tax exemptions like the primary residence and agricultural exemptions. Understanding Schenectady County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Schenectady or another part of the county, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Schenectady County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.48%
Estimate Property Tax Bill
$6,455
$6,383
Ownwell’s Schenectady Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Schenectady with just 2 data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Schenectady to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Schenectady County, New York
Property taxes in Schenectady play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Schenectady is 3.48%, which is higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Schenectady set these rates annually, and they can vary significantly between different areas within the county. Each year, Schenectady estimates its required budget to maintain services for the upcoming fiscal year and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. For comparison, the city of Niskayuna has one of the higher property tax rates in New York at 3.87%, while the city of Glenville boasts one of the lowest at 1.27%. Analyzing how Schenectady's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Schenectady County Tax Rate
3.48%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Schenectady County, New York
| City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alplaus | 3.47% | 3.59% | 3.62% | 3.66% | 3.69% |
| Altamont | 3.08% | 3.08% | 3.08% | 3.08% | 3.08% |
| Amsterdam | 1.41% | 2.17% | 2.82% | 2.82% | 2.82% |
| Ballston Lake | 2.23% | 2.54% | 2.65% | 2.86% | 2.86% |
| Burnt Hills | 2.24% | 2.54% | 2.67% | 2.86% | 2.86% |
| Delanson | 1.86% | 2.14% | 2.37% | 2.85% | 3.31% |
| Duanesburg | 1.97% | 2.18% | 2.37% | 2.81% | 2.92% |
| Esperance | 1.74% | 1.99% | 2.21% | 2.37% | 2.49% |
| Glenville | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
| Niskayuna | 3.87% | 3.87% | 3.87% | 3.87% | 3.87% |
| Pattersonville | 2.61% | 2.75% | 2.92% | 3.43% | 3.74% |
| Rotterdam | 3.06% | 3.06% | 3.06% | 3.06% | 3.06% |
| Rotterdam Jct | 1.58% | 2.32% | 3.55% | 3.55% | 3.55% |
| Rotterdam Junction | 1.50% | 3.37% | 3.55% | 3.55% | 3.55% |
| Schenectady | 2.67% | 2.98% | 3.50% | 3.94% | 4.37% |
| Schoharie | 1.88% | 2.19% | 2.38% | 2.49% | 2.49% |
| Scotia | 3.57% | 3.57% | 3.57% | 3.57% | 3.57% |
Source: Ownwell
Property Tax Assessment Values Across Schenectady County, New York
Understanding the difference between "market value" and "assessed value" is key to comprehending property taxes in Schenectady County, NY. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Schenectady County Appraisal District. The assessed value, however, is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. Assessment notices in Schenectady County are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Schenectady County will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. With median tax bills ranging from $303 in Rotterdam to $8,766 in Rotterdam Junction, understanding these details can make a significant difference.
Property Tax Assessment Values Across Schenectady County, New York
Source: Ownwell
$9,900
$146,500
$283,100
Average Schenectady County Assessed Value
$185,500
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Schenectady County, New York
| City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alplaus | $169,013 | $190,300 | $227,467 | $270,867 | $323,720 |
| Altamont | $146,038 | $169,811 | $196,604 | $252,453 | $253,811 |
| Amsterdam | $144,587 | $189,600 | $245,867 | $310,933 | $399,600 |
| Ballston Lake | $180,320 | $205,134 | $249,067 | $303,533 | $338,320 |
| Burnt Hills | $186,734 | $213,333 | $253,734 | $329,966 | $422,134 |
| Delanson | $108,846 | $163,462 | $228,654 | $301,538 | $376,923 |
| Duanesburg | $109,452 | $173,366 | $244,231 | $335,849 | $415,094 |
| Esperance | $110,538 | $152,692 | $223,077 | $288,462 | $383,077 |
| Glenville | $197,867 | $197,867 | $197,867 | $197,867 | $197,867 |
| Niskayuna | $82,240 | $104,500 | $141,600 | $146,650 | $149,680 |
| Pattersonville | $96,154 | $144,711 | $203,846 | $271,698 | $344,038 |
| Rotterdam | $9,900 | $9,900 | $9,900 | $9,900 | $9,900 |
| Rotterdam Jct | $236,140 | $247,000 | $283,100 | $331,300 | $342,160 |
| Rotterdam Junction | $144,600 | $168,700 | $192,800 | $236,250 | $302,800 |
| Schenectady | $97,195 | $133,659 | $182,000 | $247,200 | $328,020 |
| Schoharie | $84,077 | $124,808 | $160,962 | $228,366 | $289,808 |
| Scotia | $209,467 | $209,467 | $209,467 | $209,467 | $209,467 |
Source: Ownwell
Property Tax Bills Across Schenectady County, New York
In Schenectady County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The assessed value is a percentage of the market value of the property. Once the assessed value is established, local tax rates are applied to calculate the actual tax bill. Various factors, including property location, school district funding needs, and municipal budgets, influence these rates. For homeowners in Schenectady County, the median home price is $185,500. The tax bills can vary significantly, with the 25th percentile at $4,640 and the 75th percentile at $8,018. Those in the 90th percentile face tax bills as high as $11,186. Rotterdam Jct has the highest median tax bill at $8,766, whereas Rotterdam has the lowest at $303. These tax bills can significantly impact homeowners, often representing a substantial portion of annual housing costs. Compared to the national median property tax rate of 0.99%, Schenectady County's rates highlight the regional variability in property tax burdens.
Average Schenectady County Tax Bill
$5,926
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Schenectady County, New York
| City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| Alplaus | $6,038 | $6,891 | $8,203 | $9,637 | $11,530 |
| Altamont | $5,481 | $5,853 | $6,920 | $7,798 | $7,830 |
| Amsterdam | $3,005 | $4,377 | $5,879 | $7,859 | $10,387 |
| Ballston Lake | $4,142 | $5,273 | $6,525 | $8,231 | $9,337 |
| Burnt Hills | $4,389 | $5,593 | $7,209 | $9,014 | $11,740 |
| Delanson | $2,720 | $3,958 | $5,367 | $7,290 | $9,241 |
| Duanesburg | $2,680 | $4,056 | $5,800 | $8,501 | $10,882 |
| Esperance | $2,295 | $3,406 | $4,729 | $6,602 | $8,142 |
| Glenville | $2,510 | $2,510 | $2,510 | $2,510 | $2,510 |
| Niskayuna | $3,186 | $4,048 | $5,484 | $5,680 | $5,798 |
| Pattersonville | $2,694 | $4,413 | $6,175 | $7,970 | $10,243 |
| Rotterdam | $303 | $303 | $303 | $303 | $303 |
| Rotterdam Jct | $3,749 | $5,631 | $8,766 | $10,583 | $11,674 |
| Rotterdam Junction | $2,444 | $5,461 | $6,628 | $8,190 | $10,433 |
| Schenectady | $3,541 | $4,659 | $5,920 | $8,017 | $11,273 |
| Schoharie | $1,846 | $2,285 | $3,796 | $4,907 | $6,905 |
| Scotia | $7,488 | $7,488 | $7,488 | $7,488 | $7,488 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Links | |
|---|---|
| Schenectady Assessment Review Commission | |
| Website | schenectady.sdgnys.com |