Jefferson, Schoharie County, New York Property Taxes

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

Median Jefferson, NY effective property tax rate: 2.81%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Jefferson, NY home value: $134,340
Median annual Jefferson, NY tax bill: $3,725, $1,325 higher than the national median property tax bill of $2,400.

How are property taxes in Schoharie calculated?

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

Last Updated March 1, 2025

Jefferson, Schoharie County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.81%

Estimate Property Tax Bill

$3,775

$3,503

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

Property Tax Rates Across Jefferson, Schoharie County, New York

Local government entities set tax rates, which can vary widely within a state. Each county 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. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

In Jefferson, located in Schoharie County, NY, the effective property tax rate stands at 2.81%, which is significantly higher than the national median property tax rate of 1.02%. This high rate reflects the county's budgetary requirements and the value of taxable property within its borders. Compared to other cities in New York, Jefferson's property tax rate is on the higher end of the spectrum. When you consider the national median property tax bill of $2,400, property owners in Jefferson can expect to pay substantially more. This underscores the importance of exploring property tax appeal and exemption services to potentially reduce your tax burden.

Property Tax Rates Across Jefferson, Schoharie County, New York

Source: Ownwell

2.15%

2.65%

3.15%

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 Jefferson Tax Rate

2.81%

Median Effective Schoharie County Tax Rate

2.84%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Jefferson, Schoharie County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12093	2.61%	2.78%	2.81%	2.81%	2.84%

Source: Ownwell

Property Tax Assessment Values Across Jefferson, Schoharie County, New York

When examining property taxes in Jefferson, 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 Schoharie 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 Schoharie 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 Jefferson. For example, the median home price in Jefferson is $134,340, with tax bills ranging significantly across the county. 12093 has the highest median home price at $134,340.

Property Tax Assessment Values Across Jefferson, Schoharie County, New York

Source: Ownwell

$89,166

$148,750

$208,333

Median Jefferson Market Value

$134,340

Median Schoharie County Market Value

$130,625

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Jefferson, Schoharie County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12093	$46,081	$78,894	$134,340	$185,878	$244,830

Source: Ownwell

Property Tax Bills Across Jefferson, Schoharie County, New York

In Jefferson, located in Schoharie County, NY, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The median home price in this area is $134,340, and the property tax rate determines the annual tax bill. Homeowners in Jefferson face a median property tax bill of $3,725, which is significantly higher than the national median of $2,400. This discrepancy highlights the financial burden on homeowners in this region. Factors influencing property tax bills include changes in the assessed value, local tax rates, and any applicable exemptions. Such factors can lead to substantial fluctuations in annual tax obligations, affecting household budgets.

Ownwell offers valuable assistance to homeowners by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies or overlooked exemptions, Ownwell helps homeowners reduce their tax bills. This can lead to significant savings, easing the financial strain and ensuring homeowners pay only their fair share.

Property Tax Bills Across Jefferson, Schoharie County, New York

Source: Ownwell

$1,884

$3,896

$5,908

Median Jefferson Tax Bill

$3,725

Median Schoharie County Tax Bill

$3,729

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Jefferson, Schoharie County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12093	$1,261	$2,168	$3,725	$5,143	$6,703

Source: Ownwell