12166 Property Tax Rate

Property owners in ZIP code 12166 (Sprakers, New York) pay a median of $3,756/year in property taxes on homes valued at $187,500. This translates to an effective tax rate of 2.00%, which is 9% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 12166 is approximately $313, which factors into escrow payments on mortgages. This ZIP code is located within Montgomery County. This is $1,496 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 12166 has lower property taxes. ZIP codes with similar effective rates include 13469 (2.00%) and 14507 (2.00%).

In Sprakers, property taxes represent approximately 4.2% of the median household income of $90,147, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Montgomery County reassesses properties based on market conditions and local tax needs without annual increase ceilings. Montgomery County primary residence owners with household income ≤$500,000 qualify for STAR, reducing school property taxes by exempting a set dollar amount from assessed value — apply through local schools or the Montgomery County Assessor's office by March 15. File your STAR application with the Montgomery County Assessor immediately after closing to activate the exemption on your first tax bill and capture the full year's school tax savings.