They may not be making many gloves anymore in Gloversville, but city and local school officials have their hands out — collecting some of the highest property taxes in the state when the rates are compared to home values. That’s based on a survey released Wednesday by the Empire Center, which follows taxation and government spending issues.
Gloversville’s property taxes run $52.40 per $1,000 of home valuation.
So if that home fits the median home price of $110,000 in surrounding Fulton County, where Gloversville is located, the annual school and property tax bill would be $5,764, according to the survey.
Schenectady led the high-tax list in the immediate Capital Region with a rate of $40.93 per $1,000.
Based on a median Schenectady County home price of $163,500, the cost would be $6,692 per year.
The Empire Center’s survey is based on data gathered from the state comptroller’s office and the state Association of Realtors…..
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