Roslyn Heights, New York Property Taxes
The median property tax rate in Roslyn Heights, NY is 2.01%, 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 $878,000, the typical annual property tax bill in Roslyn Heights amounts to $17,482, far surpassing the national median of $2,690. Property taxes in Roslyn Heights are calculated based on the tax assessed value, which is often lower than the market value due to various exemptions, such as primary residence and agricultural exemptions. Understanding Roslyn Heights' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Roslyn Heights or another part of Nassau County, comprehending the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Roslyn Heights, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
2.01%
Estimate Property Tax Bill
$17,648
$17,449
$1,148
Average Roslyn Heights, New York Tax Savings
Ownwell’s Roslyn Heights Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Roslyn Heights with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Roslyn Heights 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 Roslyn Heights. 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 Roslyn Heights, New York
Property taxes in Roslyn Heights, New York, are essential in funding crucial local services such as public schools, road maintenance, and emergency services. The median tax rate in Roslyn Heights is 2.01%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Roslyn Heights set these rates annually, and they can vary significantly across different neighborhoods. Each year, Roslyn Heights 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 Roslyn Heights' effective property tax rate to other areas in New York and the national median. For comparison, the zip code 11577 has the highest median property tax rate of 2.01%, while the same zip code also has the lowest median tax rate of 2.01%. Understanding how these areas compare with Roslyn Heights 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 Roslyn Heights Tax Rate
2.01%
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 Roslyn Heights, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
11577 | 1.70% | 1.87% | 2.01% | 2.14% | 2.27% |
Source: Ownwell
$1,148
Average Roslyn Heights Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Roslyn Heights, New York
In Roslyn Heights, 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 Roslyn Heights, 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 Roslyn Heights helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in the area are both $17,482, found in the 11577 zip code.
Property Tax Assessment Values Across Roslyn Heights, New York
Source: Ownwell
$37,000
$1,990,750
$3,944,500
Average Roslyn Heights Assessed Value
$878,000
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 Roslyn Heights, New York
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
11577 | $610,000 | $719,000 | $878,000 | $1,080,000 | $1,562,000 |
Source: Ownwell
$1,148
Average Roslyn Heights Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Roslyn Heights, New York
In Roslyn Heights, located in Nassau County, NY, property tax bills are calculated based on the assessed value of your home, which is determined by local assessors. This assessed value is then multiplied by the local tax rate to determine your annual tax bill. With a median home price of $878,000, homeowners in Roslyn Heights face significant tax burdens. For example, the tax bill at the 25th percentile is $13,890, while at the 75th percentile, it rises to $22,147, and at the 90th percentile, it can reach up to $31,788. These high property taxes can be a heavy financial burden for homeowners. However, Ownwell can help you save on your property tax bills through expert property tax appeal and exemption services. By thoroughly reviewing your property’s assessed value and identifying potential discrepancies, Ownwell can effectively challenge over-assessments, ensuring you pay only your fair share. This can lead to substantial savings, making homeownership more affordable in Roslyn Heights.
Average Roslyn Heights Tax Bill
$17,482
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 Roslyn Heights, New York
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
11577 | $11,271 | $13,890 | $17,482 | $22,147 | $31,788 |
Source: Ownwell
$1,148
Average Roslyn Heights 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 | |
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Nassau Assessment Review Commission | |
Website | lrv.nassaucountyny.gov |
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