Plainview, New York Property Taxes
The median property tax rate in Plainview, NY is 2.49%, 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 Plainview at $599,000, the typical annual property tax bill reaches $14,640, significantly exceeding the national median of $2,690. Property taxes in Plainview 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 Plainview'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 Plainview 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
Plainview, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.49%
Estimate Property Tax Bill
$14,915
$14,747
$1,148
Average Plainview, New York Tax Savings
Ownwell’s Plainview Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Plainview with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Plainview 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 Plainview. 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 Plainview, New York
Property taxes in Plainview, New York, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Plainview is 2.49%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Plainview set these rates annually, and they can vary significantly across different neighborhoods. Each year, Plainview 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 Plainview's effective property tax rate to other counties in New York and the national median. For comparison, the 11803 zip code has both the highest and lowest median property tax rate of 2.49%. Understanding how these cities compare with Plainview 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 Plainview Tax Rate
2.49%
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 Plainview, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
11803 | 1.80% | 2.28% | 2.49% | 2.66% | 2.80% |
Source: Ownwell
$1,148
Average Plainview Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Plainview, New York
In Plainview, 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 Plainview, 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 Plainview helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. For instance, the median home price in Plainview is $599,000, with tax bills ranging from $12,465 at the 25th percentile to $19,653 at the 90th percentile. The zip code 11803 has the highest and lowest median tax bill, both at $14,640.
Average Plainview Assessed Value
$599,000
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 Plainview, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
11803 | $482,100 | $541,000 | $599,000 | $675,000 | $811,000 |
Source: Ownwell
$1,148
Average Plainview Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Plainview, New York
In Plainview, NY, located in Nassau County, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine the final tax bill. With a median home price of $599,000, homeowners can expect significant property tax bills. For instance, the 25th percentile tax bill is around $12,465, while the 75th percentile reaches up to $16,946, and the 90th percentile can be as high as $19,653. These values are notably higher than the national median property tax rate of 0.99%. Various factors, such as property size, location, and market conditions, influence the assessed value, ultimately affecting the tax bill. High property taxes can place a considerable financial burden on homeowners. Ownwell can help homeowners in Plainview save on their property tax bills by providing expert property tax appeal and exemption services. By reviewing and contesting over-assessments, Ownwell ensures homeowners pay only their fair share, potentially saving them thousands of dollars annually.
Average Plainview Tax Bill
$14,640
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 Plainview, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
11803 | $9,130 | $12,465 | $14,640 | $16,946 | $19,653 |
Source: Ownwell
$1,148
Average Plainview Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to file a grievance!
Dates | |
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Appeal Deadline | March 18 |
Links | |
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Nassau Assessment Review Commission | |
Website | lrv.nassaucountyny.gov |
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