Glen Head, New York Property Taxes
The median property tax rate in Glen Head, NY is 1.98%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Glen Head at $901,000, the typical annual property tax bill reaches $18,199, significantly exceeding the national median of $2,690. Property taxes in Glen Head are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Glen Head's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Glen Head 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
Glen Head, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.98%
Estimate Property Tax Bill
$17,840
$17,639
$1,148
Average Glen Head, New York Tax Savings
Ownwell’s Glen Head Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Glen Head with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Glen Head 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 Glen Head. 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 Glen Head, New York
Property taxes in Glen Head, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Glen Head is 1.98%, significantly higher than the U.S. national median of 0.99%. Local government entities within Glen Head set these rates annually, and they can vary significantly across different neighborhoods. Each year, Glen Head 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 Glen Head's effective property tax rate to other areas in Nassau County and the national median. For comparison, the 11545 zip code has the highest median property tax rate of 1.98%, while the 11545 zip code also has the lowest median tax rate of 1.98%. Understanding how these cities compare with Glen Head 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 Glen Head Tax Rate
1.98%
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 Glen Head, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11545 | 1.55% | 1.73% | 1.98% | 2.17% | 2.32% |
Source: Ownwell
$1,148
Average Glen Head Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Glen Head, New York
In Glen Head, 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 Department of Assessment 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 Glen Head, 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 Glen Head helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 11545, with a median tax bill of $18,199.
Average Glen Head Assessed Value
$901,000
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 Glen Head, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11545 | $550,000 | $628,000 | $901,000 | $1,675,000 | $2,433,000 |
Source: Ownwell
$1,148
Average Glen Head Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Glen Head, New York
In Glen Head, located in Nassau County, NY, property tax bills are calculated based on the assessed value of your home, which is determined by local government assessors. The median home price in Glen Head is $901,000, and homeowners can expect to pay significant property taxes. For instance, the tax bill at the 25th percentile is $13,185, while the 75th percentile reaches $29,228, and the 90th percentile soars to $43,725. These figures are considerably higher than the national median property tax rate of 0.99%. Several factors influence your tax bill, including the assessed value of your property, local tax rates, and any applicable exemptions. High property taxes can be a financial burden for homeowners, but that's where Ownwell steps in. By leveraging our expertise in property tax appeals and exemptions, we can help you potentially lower your tax bill. Our dedicated team ensures that your property is fairly assessed, identifies applicable exemptions, and files appeals on your behalf, saving you money and reducing your tax burden.
Average Glen Head Tax Bill
$18,199
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 Glen Head, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11545 | $11,108 | $13,185 | $18,199 | $29,228 | $43,725 |
Source: Ownwell
$1,148
Average Glen Head 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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