Schroon Lake, Warren County, New York Property Taxes

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

Median Schroon Lake, NY effective property tax rate: 1.43%, significantly higher than the national median of 1.02%, but lower than the New York state median of 2.39%.
Median Schroon Lake, NY home value: $443,050
Median annual Schroon Lake, NY tax bill: $5,418, $3,018 higher than the national median property tax bill of $2,400.

How are property taxes in Warren calculated?

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

Last Updated March 1, 2025

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

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.43%

Estimate Property Tax Bill

$6,336

$5,879

Ownwell’s Schroon Lake Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Schroon Lake with just two data points. By entering your property's estimated assessed value, our calculator applies Schroon Lake’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 Schroon Lake, Warren 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 Schroon Lake, located in Warren County, the effective property tax rate is 1.43%, which stands out when compared to the national median property tax rate of 1.02%. This means that property owners in Schroon Lake might experience a higher tax burden compared to other regions in the country. However, within New York, Schroon Lake's rate aligns with the state median, indicating consistency at the state level. Understanding these rates can help property owners make informed decisions about their investments and potential savings through tax appeals or exemptions. Comparing these rates to other cities in New York and the U.S. can provide valuable insights into how Schroon Lake's property taxes measure up.

Property Tax Rates Across Schroon Lake, 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 Schroon Lake Tax Rate

1.43%

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 Schroon Lake, Warren County, New York

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
12870	1.37%	1.42%	1.43%	1.43%	1.43%

Source: Ownwell

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

When examining property taxes in Schroon Lake, 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 Schroon Lake. For example, the median home price in Schroon Lake is $443,050, with tax bills ranging significantly across the county. 12870 has the highest median home price at $443,050.

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

Source: Ownwell

$118,200

$555,400

$992,600

Median Schroon Lake Market Value

$443,050

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 Schroon Lake, Warren County, New York

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
12870	$151,550	$186,825	$443,050	$549,550	$686,830

Source: Ownwell

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

In Schroon Lake, NY, property tax bills are calculated based on the assessed value of the property, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as property size, location, and improvements can influence the assessed value. Schroon Lake homeowners face a median property tax rate that often exceeds the national median of 1.02%. The tax bills range significantly, with the 25th percentile at $2,635 and climbing to the 90th percentile at $9,830. This variability indicates that some homeowners might be paying more than necessary.

Ownwell assists homeowners in Schroon Lake by providing expert property tax appeal services. By analyzing property assessments and market conditions, Ownwell identifies opportunities for tax reductions. This service can lead to significant savings, ensuring that homeowners only pay their fair share. By partnering with Ownwell, Schroon Lake residents can potentially reduce their property tax bills and alleviate financial stress.

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

Source: Ownwell

$1,869

$6,425

$10,980

Median Schroon Lake Tax Bill

$5,418

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 Schroon Lake, Warren County, New York

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
12870	$2,038	$2,635	$5,418	$7,519	$9,830

Source: Ownwell

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Dates

Links
Warren Assessment Review Commission
Website	imo.warrencountyny.gov