Latham, Albany County, New York Property Taxes
Property Taxes in Latham, New York
Median Latham, New York effective property tax rate: 2.01%, significantly higher than the national median of 1.02%, and higher than the New York state median of 1.90%.
Median Latham, New York home value: $258,333
Median annual Latham, New York tax bill: $5,175, $2,775 higher than the national median property tax bill of $2,400.
How are property taxes in Albany calculated?
Property taxes in Latham, New York are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Latham's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Latham, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Latham, Albany County, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.01%
Estimate Property Tax Bill
$5,192
$4,818
How Does the Latham Property Tax Calculator Work?
Use this Latham property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Latham's median effective tax rate of 2.01% — based on actual property records in Albany County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Latham's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Latham's median effective tax rate is higher than the New York median tax rate of 1.90% and the national median property tax rate of 1.02%. The median property tax bill is $5,175, which is $2,775 higher than the New York median tax bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Latham.
About Latham Property Taxes
About Property Taxes in Latham, Albany, New York
Latham’s median effective property tax rate of 2.01% is higher than the New York state median of 1.90% and higher than the national median of 1.02%. This rate reflects the Albany County base levy combined with local school district levies and special district levies that vary by subdivision throughout the city.
Property tax rates are not uniform across Latham. Homeowners in ZIP code 12110 carry a median effective rate of 2.01%, and the same ZIP also has the lowest median rate in the city. That means the local tax burden is shaped more by assessment districts and school boundaries than by ZIP code variation.
Latham homeowners who believe their assessed value is too high can file a formal appeal with the Assessment Review Commission before the May 26, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Latham, Albany County, New York
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Latham's effective property tax rate to other cities in New York and the median property tax rates in New York and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Latham Tax Rate
2.01%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Albany County Tax Rate
2.16%
Median Effective New York Tax Rate
1.90%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Latham, Albany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12110 | 1.90% | 1.95% | 2.01% | 2.05% | 2.08% |
Source: Ownwell
Property Tax Assessment Values Across Latham, Albany County, New York
When examining property taxes in Latham, New York, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Albany County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Albany County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Latham.
For example, the median home price in Latham is $258,333, with tax bills ranging significantly across the county. 12110 has the highest median home price at $258,333.
Property Tax Assessment Values Across Latham, Albany County, New York
Source: Ownwell
$130,000
$293,873
$457,746
Median Latham Market Value
$258,333
Median Albany County Market Value
$253,659
Median New York Market Value
$312,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Latham, Albany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12110 | $187,500 | $217,708 | $258,333 | $329,167 | $468,458 |
Source: Ownwell
Property Tax Bills Across Latham, Albany County, New York
Property tax bills in Latham are based on the assessed value of a home and the local tax rate set by taxing authorities. When a property is reassessed, the bill can change if the home’s market value or the tax rate changes. For homeowners, this means the amount owed is tied to both the value of the property and the needs of local services funded by property taxes.
In Latham, the median home price is $258,333, and the median property tax bill is $5,175 in ZIP code 12110. That is well above the national median property tax bill of $2,400 and the national median property tax rate of 1.02%. Bills can vary widely: the 25th percentile is $4,397, while the 75th percentile is $6,484, and the 90th percentile reaches $8,986. For homeowners, those differences can have a major impact on monthly housing costs and long-term affordability.
Median Latham Tax Bill
$5,175
Median Albany County Tax Bill
$5,454
Median New York Tax Bill
$5,420
Median United States Tax Bill
$2,400
Property Tax Bills Across Latham, Albany County, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 12110 | $3,810 | $4,397 | $5,175 | $6,484 | $8,986 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | May 26 |
Links | |
|---|---|
| Albany Assessment Review Commission | |
| Website | albany.sdgnys.com |