Saratoga County Sales Tax Collections Up; Median Sales Price of County Homes over $400k

SARATOGA COUNTY — From January through July in 2023, Saratoga County collected $95.17 million in sales taxes, up 4.7% from the same time in 2022, according to a statement released by the Saratoga County Chamber of Commerce. The City of Saratoga Springs, specifically, collected $9.71 million in the first 7 months of 2023 compared with $8.72 million the same time in 2022, up 11.3%. 

The county’s overall collections in June and July in 2023 were up 17.5% and 8.5% respectively versus the prior year.

Additionally, the median sales price of a home in Saratoga County is $401,000 according to the Greater Capital Association of REALTORS. That figure is year-to-date as of July 2023 and represents an increase of more than $100,000 or 33.8% in the last five years when the median sales price year to date as of July of 2018 was $299,570.