Amityville, New York Property Taxes
The median property tax rate in Amityville, NY is 3.30%, significantly higher than both the national median of 0.99% and the New York state median of 2.39%. With a median home value of $401,000 in Amityville, the typical annual property tax bill reaches $13,251, far exceeding the national median of $2,690. Property taxes in Amityville are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Amityville's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Amityville or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Amityville, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.3%
Estimate Property Tax Bill
$13,233
$13,084
$1,148
Average Amityville, New York Tax Savings
Ownwell’s Amityville Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Amityville with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Amityville to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Amityville. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Amityville, New York
Property taxes in Amityville, New York, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Amityville is 3.30%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Amityville set these rates annually, and they can vary significantly across different neighborhoods. Each year, Amityville estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Amityville's effective property tax rate to other counties in New York and the national median. For comparison, the zip code 11701 has the highest median property tax rate of 3.30%, while the same zip code also has the lowest median tax rate of 3.30%. Understanding how these cities compare with Amityville provides valuable insights into the varying tax landscape across Nassau County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Amityville Tax Rate
3.30%
Average Nassau County Tax Rate
2.10%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Amityville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11701 | 3.30% | 3.30% | 3.30% | 3.30% | 3.30% |
Source: Ownwell
$1,148
Average Amityville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Amityville, New York
In Amityville, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Nassau County Assessment Department for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Amityville, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Amityville helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 11701 has both the highest and lowest median tax bills, each amounting to $13,251.
Property Tax Assessment Values Across Amityville, New York
Source: Ownwell
$37,000
$1,990,750
$3,944,500
Average Amityville Assessed Value
$401,000
Average Nassau County Assessed Value
$537,000
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Amityville, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11701 | $401,000 | $401,000 | $401,000 | $401,000 | $401,000 |
Source: Ownwell
$1,148
Average Amityville Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Amityville, New York
In Amityville, located in Nassau County, NY, property tax bills are determined based on the assessed value of your home and the local tax rate. With a median home price of $401,000, homeowners face a significant tax burden compared to the national median property tax rate of 0.99%. In this area, the median property tax bill is notably high at $13,251, regardless of the percentile, indicating a uniform tax rate across various property values. Several factors influence the tax bill, including property size, location, and market conditions. High property taxes can place a substantial financial strain on homeowners, making it crucial to explore ways to reduce these costs. This is where Ownwell comes in. By offering professional property tax appeal and exemption services, Ownwell helps homeowners challenge their assessed values and identify potential savings. With expert guidance, homeowners can potentially lower their property tax bills, easing financial pressure and ensuring fair taxation.
Average Amityville Tax Bill
$13,251
Average Nassau County Tax Bill
$11,613
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Amityville, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11701 | $13,251 | $13,251 | $13,251 | $13,251 | $13,251 |
Source: Ownwell
$1,148
Average Amityville Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to file a grievance!
Dates | |
|---|---|
| Appeal Deadline | March 18 |
Links | |
|---|---|
| Nassau Assessment Review Commission | |
| Website | lrv.nassaucountyny.gov |
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