Hewlett, New York Property Taxes
The median property tax rate in Hewlett, NY is 2.78%, 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 $632,000 in Hewlett, the typical annual property tax bill reaches $17,651, far exceeding the national median of $2,690. Property taxes in Hewlett are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Hewlett'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 Hewlett or another part of Nassau County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Hewlett, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.78%
Estimate Property Tax Bill
$17,570
$17,372
$1,148
Average Hewlett, New York Tax Savings
Ownwell’s Hewlett Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hewlett with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hewlett 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 Hewlett. 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 Hewlett, New York
Property taxes in Hewlett, New York, are crucial in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Hewlett is 2.78%, significantly higher than the U.S. national median of 0.99%. Local government entities within Hewlett set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hewlett 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 Hewlett's effective property tax rate to other areas and the national median. For comparison, the 11557 zip code in Hewlett has the highest median property tax rate of 2.78%, while the same zip code also has the lowest median tax rate of 2.78%. Understanding how these rates compare with Hewlett 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 Hewlett Tax Rate
2.78%
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 Hewlett, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11557 | 2.23% | 2.53% | 2.78% | 3.00% | 3.19% |
Source: Ownwell
$1,148
Average Hewlett Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Hewlett, New York
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Hewlett, NY. 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 Assessor 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 Hewlett, 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 Hewlett helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill in Hewlett is 11557, with a tax bill of $17,651.
Average Hewlett Assessed Value
$632,000
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 Hewlett, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11557 | $440,000 | $512,000 | $632,000 | $917,000 | $1,324,600 |
Source: Ownwell
$1,148
Average Hewlett Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Hewlett, New York
In Hewlett, located in Nassau County, NY, property tax bills are calculated based on the assessed value of a home and the local tax rate. With a median home price of $632,000, homeowners face substantial tax bills. The assessed value is a percentage of the market value and is multiplied by the local tax rate to determine the annual tax bill. For instance, homeowners in Hewlett can expect tax bills ranging from the 25th percentile at $14,050 to the 90th percentile at $35,905. These high tax bills can significantly impact homeowners' finances. Ownwell helps homeowners in Hewlett by providing expert property tax appeal and exemption services. By analyzing property assessments and identifying discrepancies, Ownwell can potentially lower the assessed value, thereby reducing the tax burden. Partnering with Ownwell ensures homeowners are not overpaying on their property taxes and can achieve substantial savings.
Average Hewlett Tax Bill
$17,651
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 Hewlett, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 11557 | $11,524 | $14,050 | $17,651 | $24,685 | $35,905 |
Source: Ownwell
$1,148
Average Hewlett 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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