Montour Falls, Schuyler County, New York Property Taxes

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

Median Montour Falls, NY effective property tax rate: 2.53%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Montour Falls, NY home value: $136,500
Median annual Montour Falls, NY tax bill: $4,071, $1,671 higher than the national median property tax bill of $2,400.

How are property taxes in Schuyler County calculated?

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

Last Updated March 1, 2025

Montour Falls, Schuyler County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.53%

Estimate Property Tax Bill

$3,453

$3,205

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

Property Tax Rates Across Montour Falls, Schuyler County, New York

Local government entities set property tax rates, which can vary significantly within New York. Each county estimates its required budget for services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. Although there are votes and laws involved in setting tax rates and budgets, this is the annual process in a nutshell. In Montour Falls, located in Schuyler County, the effective property tax rate is 2.53%. This rate is notably higher than the national median property tax rate of 1.02%. When compared to other cities in New York, Montour Falls shares the same rate, highlighting a uniformity within the area. However, this rate is significantly above the national median, indicating a higher tax burden for property owners in Montour Falls. Understanding these variations can be crucial for property owners seeking to manage their tax liabilities effectively.

Property Tax Rates Across Montour Falls, Schuyler County, New York

Source: Ownwell

1.80%

2.62%

3.45%

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 Montour Falls Tax Rate

2.53%

Median Effective Schuyler County Tax Rate

2.27%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Montour Falls, Schuyler County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
14865	1.98%	2.40%	2.53%	3.80%	3.80%

Source: Ownwell

Property Tax Assessment Values Across Montour Falls, Schuyler County, New York

When examining property taxes in Montour Falls, 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 Schuyler 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 Schuyler County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of the season. 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 Montour Falls. For example, the median home price in Montour Falls is $136,500, with tax bills ranging significantly across the county. Zip code 14865 has the highest median home price at $136,500.

Property Tax Assessment Values Across Montour Falls, Schuyler County, New York

Source: Ownwell

$86,000

$153,250

$220,500

Median Montour Falls Market Value

$136,500

Median Schuyler County Market Value

$150,000

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Montour Falls, Schuyler County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
14865	$64,700	$97,600	$136,500	$188,200	$266,860

Source: Ownwell

Property Tax Bills Across Montour Falls, Schuyler County, New York

In Montour Falls, NY, property tax bills are determined by assessing the property's market value and applying the local tax rate. The median home price in Montour Falls is $136,500, with a median property tax bill of $4,071. This amount is significantly higher than the national median property tax bill of $2,400, highlighting the burden on homeowners in the area. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. Homeowners in Montour Falls may face tax bills ranging from $2,869 at the 25th percentile to $7,410 at the 90th percentile, indicating a wide variance based on property specifics. Ownwell can assist homeowners by identifying potential savings through property tax appeals and exemptions. By analyzing the assessed value and comparing it with similar properties, Ownwell ensures that homeowners are not overpaying. This professional guidance can lead to substantial reductions in property tax bills, providing financial relief to homeowners in Montour Falls.

Property Tax Bills Across Montour Falls, Schuyler County, New York

Source: Ownwell

$1,632

$3,078

$4,524

Median Montour Falls Tax Bill

$4,071

Median Schuyler County Tax Bill

$3,536

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Montour Falls, Schuyler County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
14865	$1,655	$2,869	$4,071	$5,503	$7,410

Source: Ownwell