12092 Property Tax Rate

Property owners in ZIP code 12092 (Howes Cave, New York) pay a median of $3,081/year in property taxes on homes valued at $204,200. This translates to an effective tax rate of 1.51%, which is 18% below the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 12092 is approximately $257, which factors into escrow payments on mortgages. This ZIP code is located within Schoharie County. This is $2,171 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 12092 has lower property taxes. ZIP codes with similar effective rates include 13620 (1.51%) and 11558 (1.51%).

In Howes Cave, property taxes represent approximately 4.3% of the median household income of $70,938, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Schoharie County assessments adjust based on comparable sales and local tax needs annually. Schoharie County primary residence owners earning ≤$500,000 qualify for STAR, reducing school property taxes by exempting a portion of assessed value — apply through local schools or the Schoharie County Assessor's office by the March 15 deadline. Contact the Schoharie County Assessor within 30 days of closing to register your property and submit STAR to activate your school tax exemption on the first bill.