13346 Property Tax Rate

Property owners in ZIP code 13346 (Hamilton, New York) pay a median of $6,088/year in property taxes on homes valued at $222,300. This translates to an effective tax rate of 2.74%, which is 48% above the New York state average of 1.85%.

The monthly property tax burden for a median-valued home in 13346 is approximately $507, which factors into escrow payments on mortgages. This ZIP code is located within Madison County. This is $836 more than the New York average of $5,252/year.

Compared to similar ZIP codes in New York, 13346 has lower property taxes. ZIP codes with similar effective rates include 14610 (2.74%) and 14615 (2.74%).

In Hamilton, property taxes represent approximately 9.3% of the median household income of $65,391, providing context for the relative tax burden on homeowners in this area.

New York has no statewide property tax cap; Madison County reassesses properties on a set schedule, and purchase does not trigger an automatic revaluation. Households earning ≤$500,000 qualify for STAR (School Tax Relief) through the Madison County Assessor, typically saving $400–$600/year on school taxes. Apply by March 15 following your purchase; if age 65+, ask whether you qualify for Enhanced STAR for additional property tax relief.