Duanesburg, Schenectady County, New York Property Taxes
Median Duanesburg, NY effective property tax rate: 2.37%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Duanesburg, NY home value: $244,231
Median annual Duanesburg, NY tax bill: $5,800, $3,400 higher than the national median property tax bill of $2,400.
How are property taxes in Schenectady calculated?
Property taxes in Duanesburg, 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 Duanesburg’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Duanesburg, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Duanesburg, Schenectady County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.37%
Estimate Property Tax Bill
$5,788
$5,371
Property Tax Rates Across Duanesburg, Schenectady County, New York
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to maintain services, dividing this by the total value of all taxable property in their area. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this process essentially captures the annual routine.
In Duanesburg, located in Schenectady County, the effective property tax rate is notably higher than the national median of 1.02%. This means residents may face higher property tax bills compared to other areas. In fact, Duanesburg's rate stands as the highest within its county, reflecting the budgetary needs and property values in the area.
Comparing Duanesburg’s effective property tax rate to other cities in New York and the U.S. highlights its position relative to both state and national medians. Understanding these differences can be crucial for property owners seeking to manage their tax liabilities effectively.
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 Duanesburg Tax Rate
2.37%
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 Schenectady County Tax Rate
3.48%
Median Effective New York Tax Rate
2.39%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Duanesburg, Schenectady County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12056 | 1.97% | 2.18% | 2.37% | 2.81% | 2.92% |
Source: Ownwell
Property Tax Assessment Values Across Duanesburg, Schenectady County, New York
When examining property taxes in Duanesburg, 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 Schenectady 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 Schenectady 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 Duanesburg. For example, the median home price in Duanesburg is $244,231, with tax bills ranging significantly across the county. Zip code 12056 has the highest median home price at $244,231.
Property Tax Assessment Values Across Duanesburg, Schenectady County, New York
Source: Ownwell
$83,110
$172,653
$262,195
Median Duanesburg Market Value
$244,231
Median Schenectady County Market Value
$185,500
Median New York Market Value
$255,644
Median United States Market Value
$235,294
Property Tax Assessment Values Across Duanesburg, Schenectady County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12056 | $109,452 | $173,366 | $244,231 | $335,849 | $415,094 |
Source: Ownwell
Property Tax Bills Across Duanesburg, Schenectady County, New York
In Duanesburg, NY, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in Duanesburg is $244,231, and the property tax rate is applied to this assessed value to calculate the tax bill. Several factors influence the assessed value, including the home's location, size, and condition. Homeowners in Duanesburg can expect tax bills that vary significantly, with the 25th percentile at $4,056 and the 75th percentile reaching $8,501. Notably, the highest median tax bill within the 12056 zip code is $5,800, which is above the national median property tax bill of $2,400.
High property taxes can be a burden for homeowners, but Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing your property's assessed value and comparing it with similar properties, Ownwell can identify discrepancies and help you appeal for a reduction. This personalized approach ensures that you pay only what is fair, potentially saving you thousands on your property tax bill.
Median Duanesburg Tax Bill
$5,800
Median Schenectady County Tax Bill
$5,926
Median New York Tax Bill
$5,938
Median United States Tax Bill
$2,400
Property Tax Bills Across Duanesburg, Schenectady County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12056 | $2,680 | $4,056 | $5,800 | $8,501 | $10,882 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Schenectady Assessment Review Commission | |
| Website | schenectady.sdgnys.com |