12020 Property Tax Rate

Property owners in ZIP code 12020 (Ballston Spa, New York) pay a median of $4,873/year in property taxes on homes valued at $299,600. This translates to an effective tax rate of 1.63%, which is 12% below the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 12020 is approximately $406, which factors into escrow payments on mortgages. This ZIP code is located within Saratoga County. This is $379 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 12020 has lower property taxes. ZIP codes with similar effective rates include 12969 (1.63%) and 12508 (1.63%).

In Ballston Spa, property taxes represent approximately 4.8% of the median household income of $101,727, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Saratoga County reassesses properties based on market conditions and local tax rates annually. Saratoga County primary residence owners earning ≤$500,000 automatically qualify for STAR, which reduces school property taxes by exempting thousands from your assessed value — confirm enrollment through local schools or contact the Saratoga County Assessor. File your STAR application with the Saratoga County Assessor (518-583-5652) within 30 days of purchase to activate the exemption on your next tax bill.