Lake Luzerne, Warren County, New York Property Taxes

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

Median Lake Luzerne, NY effective property tax rate: 1.61%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%. Median Lake Luzerne, NY home value: $174,400. Median annual Lake Luzerne, NY tax bill: $2,813, $413 higher than the national median property tax bill of $2,400.

How are property taxes in Warren County calculated?

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

Last Updated March 1, 2025

Lake Luzerne, Warren County, New York Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.61%

Estimate Property Tax Bill

$2,808

$2,606

Ownwell’s Lake Luzerne Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lake Luzerne with just two data points.

By entering your property's estimated assessed value, our calculator applies Lake Luzerne’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 Warren County.

For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lake Luzerne, Warren County, New York

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, 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. Below, you can compare Lake Luzerne’s effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.

Lake Luzerne, located in Warren County, stands out with a property tax rate that aligns with the highest and lowest median tax rates in the area, both at 1.61%. This is notably higher than the national median property tax rate of 1.02%. For residents, this translates to a higher property tax bill compared to the national median of $2,400. Understanding these rates is crucial for property owners who wish to manage their tax liabilities effectively. By comparing Lake Luzerne's tax rates with state and national figures, property owners can make informed decisions about property investments and tax appeals.

Property Tax Rates Across Lake Luzerne, Warren County, New York

Source: Ownwell

0.82%

1.82%

2.83%

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 Lake Luzerne Tax Rate

1.61%

Median Effective Warren County Tax Rate

1.79%

Median Effective New York Tax Rate

2.39%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lake Luzerne, Warren County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12846	1.58%	1.61%	1.61%	1.65%	1.65%

Source: Ownwell

Property Tax Assessment Values Across Lake Luzerne, Warren County, New York

When examining property taxes in Lake Luzerne, 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 Warren 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 Warren 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 Lake Luzerne. For example, the median home price in Lake Luzerne is $174,400, with tax bills ranging significantly across the county. 12846 has the highest median home price at $174,400.

Property Tax Assessment Values Across Lake Luzerne, Warren County, New York

Source: Ownwell

$118,200

$555,400

$992,600

Median Lake Luzerne Market Value

$174,400

Median Warren County Market Value

$215,800

Median New York Market Value

$255,644

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lake Luzerne, Warren County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12846	$79,890	$116,300	$174,400	$255,800	$350,345

Source: Ownwell

Property Tax Bills Across Lake Luzerne, Warren County, New York

In Lake Luzerne, located in Warren County, NY, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The tax rate is applied to this assessed value, resulting in the property tax bill. Homeowners in Lake Luzerne face a median property tax bill of $2,813, which is above the national median of $2,400. The tax bill can vary significantly, with the 25th percentile at $1,867 and the 90th percentile reaching $5,636. These variations are influenced by factors such as property location, market conditions, and any applicable exemptions. For homeowners, this means that property taxes can represent a significant financial burden. However, Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing the assessed value and market conditions, Ownwell can identify opportunities to reduce the tax bill, helping homeowners save money and ensure they are not overpaying on their property taxes.

Property Tax Bills Across Lake Luzerne, Warren County, New York

Source: Ownwell

$1,869

$6,425

$10,980

Median Lake Luzerne Tax Bill

$2,813

Median Warren County Tax Bill

$4,027

Median New York Tax Bill

$5,938

Median United States Tax Bill

$2,400

Property Tax Bills Across Lake Luzerne, Warren County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12846	$1,256	$1,867	$2,813	$4,125	$5,636

Source: Ownwell

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Dates

Links
Warren Assessment Review Commission
Website	imo.warrencountyny.gov