Rockville Centre, New York Property Taxes
The median property tax rate in Rockville Centre, NY is 2.07%, 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 $681,000, the typical annual property tax bill in Rockville Centre reaches $14,113, far exceeding the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as those for primary residences and agricultural properties. Understanding Rockville Centre'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 Rockville Centre 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
Rockville Centre, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.07%
Estimate Property Tax Bill
$14,097
$13,938
$1,148
Average Rockville Centre, New York Tax Savings
Ownwell’s Rockville Centre Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rockville Centre with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rockville Centre 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 Rockville Centre. 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 Rockville Centre, New York
Property taxes in Rockville Centre, New York, are essential in funding vital local services such as public schools, road maintenance, and emergency services. The median tax rate in Rockville Centre is 2.07%, significantly higher than the U.S. national median of 0.99%. Local government entities within Rockville Centre set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rockville Centre 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 Rockville Centre's effective property tax rate to other counties in New York and the national median. For comparison, the 11570 zip code has the highest median property tax rate of 2.07%, while the same 11570 zip code also has the lowest median tax rate of 2.07%. Understanding how these cities compare with Rockville Centre 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 Rockville Centre Tax Rate
2.07%
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 Rockville Centre, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
11570 | 1.65% | 1.88% | 2.07% | 2.24% | 2.50% |
Source: Ownwell
$1,148
Average Rockville Centre Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Rockville Centre, New York
In Rockville Centre, NY, 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 such as 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 Rockville Centre, 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 Rockville Centre helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Rockville Centre is $681,000, with tax bills ranging from $11,460 at the 25th percentile to $20,855 at the 90th percentile. The highest and lowest median tax bills are both $14,113 in the 11570 zip code.
Property Tax Assessment Values Across Rockville Centre, New York
Source: Ownwell
$37,000
$1,990,750
$3,944,500
Average Rockville Centre Assessed Value
$681,000
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 Rockville Centre, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
11570 | $494,000 | $588,500 | $681,000 | $812,000 | $973,200 |
Source: Ownwell
$1,148
Average Rockville Centre Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Rockville Centre, New York
In Rockville Centre, Nassau County, NY, property tax bills are determined by assessing the market value of a home and applying the local tax rate. With a median home price of $681,000, homeowners face substantial tax bills, often exceeding the national median property tax rate of 0.99%. The tax bill varies significantly, with the 25th percentile at $11,460, the 75th percentile at $17,306, and the 90th percentile reaching up to $20,855. Factors such as property size, location, and improvements play a crucial role in these assessments. This can be a significant financial burden for homeowners, but Ownwell can help alleviate this stress. By leveraging their expertise in property tax appeals and exemptions, Ownwell can identify potential inaccuracies in assessments and ensure homeowners are not overpaying. Their services can result in substantial savings, making it easier for Rockville Centre residents to manage their property tax obligations effectively.
Average Rockville Centre Tax Bill
$14,113
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 Rockville Centre, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
11570 | $9,292 | $11,460 | $14,113 | $17,306 | $20,855 |
Source: Ownwell
$1,148
Average Rockville Centre 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 |
Save money on your property taxes with Ownwell.
Enter your address.
With just your address Ownwell will analyze your property expenses to find you savings using real time market data, local expertise and AI.
Answer some questions.
The more we know about your property, the more we can save you. There's no up-front costs, it's risk-free to sign up. Only pay if you save!
Unlock your savings.
We gather evidence, file all documentation, and attend hearings on your behalf year after year, so you never overpay again.