Montgomery County, New York Property Taxes
Census Bureau ACS property tax data for New York. Population: 13,336.
The median annual property tax in Montgomery County is $3,630, which is 23% lower than the New York state average and 89% above the national average. The effective tax rate is 2.56% on a median home value of $141,600. Property taxes represent 5.8% of the median household income in this county.
Median Annual Tax
$3,630
-23% vs State
+89% vs US
Median Home Value
$141,600
-47% vs State
-33% vs US
Effective Tax Rate
2.56%
+25% vs State
+169% vs US
With vs Without Mortgage
With Mortgage
$3,990
$333/mo
Without Mortgage
$3,274
$273/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $3,630 +4.1% | 2.56% |
| 2022 | $3,488 +3.7% | 2.64% |
| 2021 | $3,363 +1.7% | 2.96% |
| 2020 | $3,308 +2.3% | 2.99% |
| 2019 | $3,233 | 3.07% |
Tax Burden
Tax-to-Income Ratio
5.8%
of median household income
Median Income
$62,923
per year
Monthly Tax
$303
per month
Other Counties in New York
Columbia County
Tax: $4,795/yr Rate: 1.55%
Greene County
Tax: $4,116/yr Rate: 1.66%
Westchester County
Tax: $10,001/yr Rate: 1.57%
Chenango County
Tax: $3,061/yr Rate: 2.39%
Orleans County
Tax: $3,781/yr Rate: 3.00%
Broome County
Tax: $3,824/yr Rate: 2.64%
Frequently Asked Questions
What is the average property tax in Montgomery County, New York? ▼
The median annual property tax in Montgomery County is $3,630 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 2.56% on a median home value of $141,600.
How does Montgomery County property tax compare to the national average? ▼
Property taxes in Montgomery County are 89% above the national average of $1,923. The effective rate of 2.56% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Montgomery County? ▼
In Montgomery County, homeowners with a mortgage pay a median of $3,990 in annual property taxes, while homeowners without a mortgage pay $3,274. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Montgomery County? ▼
Property taxes in Montgomery County represent approximately 5.8% of the median household income of $62,923. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.