How much are property taxes in Latham, NY?
Homeowners in Latham, NY pay a median of $4,742 (±$371) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $4,935.
Homes without a mortgage pay a median of $4,475.
That is about 1.5% of the median home value of $326,900.
Figures last updated on .
- Median real estate taxes
- $4,742 (±$371)
- With a mortgage
- $4,935
- Without a mortgage
- $4,475
- Share of median value
- 1.5%
Real estate taxes in Latham against Albany County, its state and the nation
| Latham | Albany County | New York | United States | |
|---|---|---|---|---|
| Median real estate taxes | $4,742 (±$371) | $5,200 (±$133) | $6,582 (±$21) | $3,119 |
| Homes with a mortgage | $4,935 (±$490) | $5,540 (±$158) | $6,954 (±$31) | $3,489 |
| Homes without a mortgage | $4,475 (±$599) | $4,657 (±$197) | $5,990 (±$41) | $2,576 |
| Median home value | $326,900 (±$18,600) | $294,600 (±$4,249) | $423,800 (±$1,627) | $332,700 |
In Latham, the median real estate tax is lower than in Albany County ($5,200).
It is also lower than in New York ($6,582).
It is higher than the national figure ($3,119).
In Albany County, Latham ranks 3 of 4 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 317 of 405.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in Latham
The median tax ($4,742) is 1.5% of the median home value ($326,900).
Across Albany County the same ratio is 1.8%.
Across New York it is 1.6%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
Median real estate taxes in places near Latham
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Latham | — | $4,742 (±$371) | — |
| Loudonville | 2.3 mi | $5,846 (±$575) | Higher |
| Watervliet | 2.5 mi | $3,656 (±$524) | Lower |
| Town of Green Island | 3.0 mi | $3,617 (±$441) | Lower |
| Village of Green Island | 3.0 mi | $3,617 (±$441) | Lower |
| Cohoes | 3.0 mi | $4,379 (±$291) | Not measurably different |
| Village of Menands | 3.7 mi | $5,866 (±$1,058) | Higher |
| Troy | 3.8 mi | $4,749 (±$244) | Not measurably different |
| Roessleville | 3.9 mi | $3,973 (±$394) | Lower |
Nearby places with a measurably lower figure: Watervliet, NY ($3,656), Town of Green Island, NY ($3,617), Village of Green Island, NY ($3,617).
Nearby places with a measurably higher figure: Loudonville, NY ($5,846), Village of Menands, NY ($5,866).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Albany County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 1 | Westmere | $6,180 (±$757) |
| 2 | Loudonville | $5,846 (±$575) |
| 3 | Latham | $4,742 (±$371) |
| 4 | Roessleville | $3,973 (±$394) |
Latham is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside the Town of Colonie, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Latham
How much are property taxes in Latham?
The median real estate tax paid by homeowners in Latham, NY is $4,742 (±$371) a year (2020–2024 American Community Survey).
What is the property tax rate in Latham?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.5% of the median home value in Latham, and the actual rate is set by the town, county and school district.
Are property taxes in Latham higher than in Albany County?
In Latham, the median real estate tax is lower than in Albany County ($5,200).
It is also lower than in New York ($6,582).
It is higher than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Latham CDP, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Latham CDP, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Latham CDP, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Latham CDP, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Latham CDP, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Latham CDP, New York (place:41399, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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