Queensbury, New York Property Taxes
The median property tax rate in Queensbury, NY is 2.08%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Queensbury at $247,200, the typical annual property tax bill reaches $4,842, significantly exceeding the national median of $2,690. Property taxes in Queensbury are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Queensbury's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Queensbury or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Queensbury, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.08%
Estimate Property Tax Bill
$5,142
$5,084
Ownwell’s Queensbury Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Queensbury with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Queensbury to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Queensbury, New York
Property taxes in Queensbury, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Queensbury is 2.08%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Queensbury set these rates annually, and they can vary significantly across different neighborhoods. Each year, Queensbury estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Queensbury's effective property tax rate to other counties in New York and the national median. For comparison, the 12804 zip code has the highest median property tax rate of 2.08%, while the 12804 zip code also has the lowest median tax rate of 2.08%. Understanding how these cities compare with Queensbury provides valuable insights into the varying tax landscape across Warren County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Queensbury Tax Rate
2.08%
Average Warren County Tax Rate
1.79%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Queensbury, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12804 | 1.20% | 2.04% | 2.08% | 2.08% | 2.19% |
Source: Ownwell
Property Tax Assessment Values Across Queensbury, New York
In Queensbury, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Warren County Real Property Tax Services for tax purposes. In contrast, the assessed value 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. In Queensbury, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Queensbury helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $4842, found in zip code 12804.
Average Queensbury Assessed Value
$247,200
Average Warren County Assessed Value
$215,800
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Queensbury, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12804 | $125,360 | $176,700 | $247,200 | $325,900 | $427,640 |
Source: Ownwell
Property Tax Bills Across Queensbury, New York
In Queensbury, NY, property tax bills are calculated based on the assessed value of your home, which is determined by local assessors. The median home price in this area is $247,200. Property taxes are then applied to this assessed value using the local tax rate. Factors such as the home's location within Warren County, the property's size, and any applicable exemptions can influence the final tax bill. Homeowners in Queensbury typically face varying tax bills, with the 25th percentile at $3,492 and the 75th percentile reaching $6,459. The highest median tax bill for the area stands at $4,842, which is significantly higher than the national median property tax rate of 0.99%. This can affect homeowners by increasing the overall cost of owning a home, thereby impacting household budgets and potentially influencing decisions on property investments. Understanding these factors can help homeowners better anticipate their annual property tax obligations and plan their finances accordingly.
Average Queensbury Tax Bill
$4,842
Average Warren County Tax Bill
$4,027
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Queensbury, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12804 | $2,296 | $3,492 | $4,842 | $6,459 | $8,399 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Warren Assessment Review Commission | |
| Website | imo.warrencountyny.gov |