12523 Property Tax Rate

Property owners in ZIP code 12523 (Elizaville, New York) pay a median of $3,815/year in property taxes on homes valued at $331,600. This translates to an effective tax rate of 1.15%, which is 38% below the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 12523 is approximately $318, which factors into escrow payments on mortgages. This ZIP code is located within Columbia County. This is $1,437 less than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 12523 has lower property taxes. ZIP codes with similar effective rates include 12480 (1.15%) and 10706 (1.15%).

In Elizaville, property taxes represent approximately 7.0% of the median household income of $54,128, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Columbia County reassesses properties based on market value and local budget cycles without annual increase limits. Columbia County primary residence owners with household income ≤$500,000 automatically qualify for STAR, which reduces school taxes by exempting thousands from assessed value — confirm enrollment through local schools or the Columbia County Assessor. File your STAR application with the Columbia County Assessor (518-828-3040) within 30 days of purchase to lock in school tax savings on your next bill.